U.S. livestock: Cattle ease on technical selling ahead of storm

U.S. livestock: Cattle ease on technical selling ahead of storm

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange livestock futures were lower on Thursday, with live cattle prices easing from recent contract highs on technical selling ahead of a major winter storm forecast to hit U.S. cattle country, traders said. Feeder cattle futures fell to a roughly 1-1/2 week low, pressured in part by rising corn […] Read more



U.S. livestock: Hog futures tumble to two-month low

U.S. livestock: Hog futures tumble to two-month low

Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures dropped as much as 3.7 per cent on Wednesday, skidding to the lowest levels in two months on pressure from chart-based selling and ample U.S. hog supplies, traders said. Hog prices on Tuesday had dipped below their closely watched 200-day moving average and on Wednesday […] Read more


USDA’s main home page on Jan. 11, 2019. (GFM Staff photo)

USDA recalls workers to help with farm loans, taxes; data uncertain

Reading Time: 2 minutes Washington | Reuters — The U.S. Department of Agriculture will reopen about 980 Farm Service Agency (FSA) offices for three days starting on Thursday to help process farm loans and tax documents during the partial federal government shutdown. About 2,500 FSA employees who have been furloughed by the partial shutdown that began on Dec. 22 […] Read more

(Artisteer/iStock/Getty Images)

Louis Dreyfus to exit dairy by mid-2019

Reading Time: 2 minutes Paris | Reuters –– Louis Dreyfus Co. said on Wednesday it would sell or wind down its small dairy business by the middle of this year as part of an overhaul to revive growth at the agricultural commodity giant. Privately-held Louis Dreyfus had previously earmarked dairy as one of several activities to be sold or […] Read more


CBOT March 2019 wheat with 20-day moving average. (Barchart)

U.S. grains: Corn rebounds in export demand, bargain buying

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures firmed on Wednesday in a bargain-buying and short-covering bounce as the market’s steep drop to six-week lows in the previous session triggered renewed demand for the feed grain. Wheat and soybeans also rebounded after both markets hit two-week lows on Tuesday, although buying interest evaporated late in the […] Read more

U.S. livestock: Live cattle hit contract highs on storm forecast

U.S. livestock: Live cattle hit contract highs on storm forecast

Reading Time: 2 minutes Chicago | Reuters — Live cattle futures rose to life-of-contract highs at the Chicago Mercantile Exchange on Tuesday, lifted by worries that severe winter weather could prompt beef packers to pay higher prices for animals in the U.S. Plains, traders said. Technical buying and short-covering also buoyed cattle prices while lean hog futures finished narrowly […] Read more