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Reuters

CBOT May 2019 wheat with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat posts steepest weekly decline in half a year

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat prices fell on Friday and posted their steepest weekly decline since late August as technical selling and competitive global supplies pressured prices. Soybean and corn prices rose, rebounding from earlier losses, but gains were capped on concerns surrounding strong export competition. The most-active wheat contract on the Chicago Board […] Read more
(File photo)
Crops, Reuters, Spring Wheat

U.S. wins WTO ruling on Chinese grains

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Reading Time: 2 minutes Geneva | Reuters — The United States won a World Trade Organization ruling on China’s price support for grains, successfully challenging a calculation methodology that is also used by India. A WTO adjudication panel agreed on Thursday with the U.S. complaint that China had paid farmers too much for wheat, Indica rice and Japonica rice […] Read more
U.S. livestock: Cattle end mixed, June sets new high
Livestock, Markets, Reuters

U.S. livestock: Cattle end mixed, June sets new high

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Reading Time: 2 minutes Chicago | Reuters –– U.S. live cattle futures finished mixed after touching a new contract high on Thursday, as concerns about cold weather tightening supplies underpinned prices. Forecasts for more cold, snowy weather in the middle of the country kept traders on edge after recent storms slowed transportation and weight gain in herds. Cattle typically […] Read more
CBOT May 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans fall as trade concerns weigh

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean prices fell on Thursday despite stronger-than-expected export sales as investors worried that an eagerly awaited trade deal between Washington and Beijing remained elusive. Wheat and corn also fell as heavy deliveries against the March contracts weighed on the market. There were 820 deliveries against CBOT March soybeans, 400 deliveries […] Read more
(Dave Bedard photo)
Livestock, Reuters

Maple Leaf profit misses estimates on weak pork prices

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Reading Time: 2 minutes Reuters — Packaged meat producer Maple Leaf Foods missed analysts’ estimates for quarterly profit on Thursday, as weak pork prices offset growth in its prepared meats business. Pork prices have taken a beating from the Sino-U.S. trade war, with China’s retaliatory tariffs affecting demand from the South Asian country, which is the world’s biggest pork […] Read more
U.S. livestock: Cattle futures reach new contract highs again
Livestock, Markets, Reuters

U.S. livestock: Cattle futures reach new contract highs again

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures notched new contract highs for the third consecutive session on Wednesday before the rally fizzled out. Traders were searching for fresh news to push up prices after factoring in concerns about cold weather and snow in the central U.S. slowing weight gain in herds and disrupting shipments […] Read more
(Dave Bedard photo)
Crops, Reuters

Bayer reaps profit lift from Monsanto

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Reading Time: 2 minutes Leverkusen, Germany | Reuters –– Bayer’s US$63 billion purchase of seed and chemical firm Monsanto made its mark on the German company’s fourth quarter earnings on Wednesday, lifting profit and boding well for the peak season of its enlarged agriculture business. However, mounting litigation risks related to Monsanto still cast a pall over an adjusted […] Read more
(Dave Bedard photo)
Crops, Reuters

Brazil health officials find glyphosate non-cancerous

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Reading Time: 2 minutes Brasilia | Reuters — Analysts at Brazilian health agency Anvisa have determined that glyphosate herbicide does not cause cancer while recommending exposure limits as international pressure to reduce use of the chemical grows. Companies such as Bayer and its unit Monsanto, which produces glyphosate-based weedkillers, have faced legal challenges over allegations that glyphosate causes cancer. […] Read more

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