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U.S. livestock: Cattle ease on technical selling after steady cash sales
Livestock, Markets, Reuters

U.S. livestock: Cattle ease on technical selling after steady cash sales

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Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures eased as much as one per cent on Thursday, weighed down by technical selling and steady deals in cash markets in the southern Plains, traders and analysts said. Live cattle futures weakened for the fourth straight session on the Chicago Mercantile Exchange. The market had climbed to life-of-contract […] Read more
(Dave Bedard photo)
General, Markets, Reuters

Cargill’s net earnings down as trade fight bites

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Reading Time: 2 minutes Chicago | Reuters — Grains trader Cargill on Thursday reported a 20 per cent drop in its fiscal second-quarter 2019 net earnings, as global trade tensions hit the bottom line along with challenges in the Chinese hog sector and a struggling U.S. dairy business. Three of the company’s four business units reported results that were […] Read more
CBOT March 2019 wheat, with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat rises on technical bounce, export prospects

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose about 1.4 per cent on Thursday, reaching a one-week high on a technical rebound from multi-month lows and optimism about U.S. export prospects, analysts said. Soybeans hit a two-week top on worries about declining Brazilian crop prospects and rumours of Chinese buying interest, and corn followed the […] Read more
CBOT March 2019 soybeans with 20-day moving average. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy up on crop stress in Brazil, hopes for China talks

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures advanced to a near two-week high on Wednesday on declining yield prospects in Brazil and optimism about U.S. trade relations with top global soy buyer China, traders said. Wheat futures rose, rebounding from multi-month lows on short-covering and concerns about excessive rains in Argentina, while corn finished modestly […] Read more
A file photo of Brazil’s Mata Atlantica (Atlantic rainforest). (FG Trade/E+/Getty Images)
General, Reuters, Weather

Bolsonaro gives Brazil farm ministry powers on indigenous land

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Reading Time: 3 minutes Rio de Janeiro/Brasilia | Reuters — New Brazilian President Jair Bolsonaro issued an executive order on Wednesday making the agriculture ministry responsible for deciding on lands claimed by indigenous peoples, in a victory for agribusiness that will likely enrage environmentalists. The temporary decree, which will expire unless it is ratified within 120 days by Congress, […] Read more
CME February 2019 live cattle with 100-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle weaken on profit-taking, hogs firmer

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures finished slightly lower on Monday as traders locked in profits in end-of-year position squaring, after prices earlier touched contract highs, traders said. Lean hog futures were mostly higher, buoyed by short-covering and position squaring on the final trading day of the month, quarter and year. Cattle futures […] Read more
A Whole Foods store in Omaha. (WholeFoodsMarket.com)
General, Markets, Reuters

Amazon reported planning to expand Whole Foods chain

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Reading Time: < 1 minute Reuters — Amazon.com is planning to expand its Whole Foods Market portfolio by adding more stores to put more customers within its two-hour delivery service range, the Wall Street Journal reported on Sunday, citing sources. Whole Foods employees have visited regions of western North America for potential retail spaces in parts of Idaho, southern Utah […] Read more

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