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Tag Archives China

Crops, Markets, Reuters

U.S. grains: Wheat, soy, corn fall sharply on fund selling

'It is basically risk-off across the board'

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean, corn and wheat futures plunged on Monday as concerns about fresh coronavirus-driven lockdowns due to rising global case counts sparked a wave of risk-off trades. The grains, led by a 3.7 per cent drop in wheat that marked its biggest daily percentage decline since August 2019, […] Read more
Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures fall with other commodities

Traders watching Germany's swine fever findings

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Reading Time: < 1 minute Chicago | Reuters — U.S. cattle and hog futures markets fell on Monday, following a broad-based commodity sell-off in the absence of any fresh bullish news, traders said. “It is just kind of risk-off trade,” said Matthew Wiegand, broker at FuturesOne. “Livestock was for the most part happy to follow along.” Chicago Mercantile Exchange October […] Read more
Crops, Markets, Reuters

U.S. grains: Soy extends climb, wheat jumps

Dry weather elsewhere supports wheat futures

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures extended their bull run on Friday, reaching a two-year top as top global buyer China continued with daily purchases of U.S. soybeans. Wheat futures surged more than three per cent on fears of tightening supplies from key exporters, and corn futures rose for a third straight session. Chicago […] Read more
Crops, Markets, Reuters

U.S. grains: Soybeans touch two-year top on China buying spree

Wheat up on technical buying, cash prices

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures extended their rally on Thursday, rising 1.7 per cent to set a two-year high as brisk demand from China continued to support the oilseed market. Corn rose as the strength in soybeans overshadowed pressure from a smaller-than-expected Chinese corn import quota. Wheat futures jumped on technical buying and […] Read more
Livestock, Markets, Reuters

U.S. livestock: CME hogs up on another swine fever case in Germany

Cash cattle values firming

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Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures rose on Thursday as Germany confirmed one more case of African swine fever in a wild boar, fueling market hopes that China will boost U.S. pork imports. The new case follows six others confirmed in wild boars, not farm animals, in the past week. While no farm animals […] Read more
Crops, Markets, Reuters

U.S. grains: Soy jumps on China demand, fund-driven buying

CBOT wheat, corn follow soybeans higher

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures surged to two-year highs on Wednesday on continued export demand from top global soy buyer China and fund-driven buying, analysts said. Corn and wheat futures followed soybeans higher, with additional support from a more than four per cent jump in U.S. crude oil prices. Corn and soyoil sometimes […] Read more
Livestock, Markets, Reuters

U.S. livestock: CME hog futures fall as China’s hog herd rebounds

CME December live cattle rise

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Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures fell on Wednesday, as the futures market continues to cool in the wake of last week’s rally and on news that the size of China’s hog herd is quickly growing. Hog futures soared last week after Germany reported its first case of African swine fever (ASF) and China […] Read more
Crops, Markets, Soybeans

CBOT weekly outlook: Chinese demand leading factor in bullish soy market

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Reading Time: < 1 minute MarketsFarm — China’s demand for U.S. soybeans has been the major factor behind the bullish soy complex at the Chicago Board of Trade (CBOT), according to Terry Reilly of Futures International in Chicago. China has been on something of a buying tear, with sales being announced by the U.S. Department of Agriculture (USDA) on a […] Read more
Livestock, Markets, Reuters

U.S. livestock: Futures mixed on pork export questions, cattle supplies

U.S. beef packer margins down on week

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Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures had a mixed performance on Tuesday, as the supply of cattle being offered for sale continued to shrink and traders wrestled with uncertainty over pork export demand. An additional five cases of African swine fever (ASF) were initially found in dead wild boars in Germany. Initial tests were […] Read more
Crops, Markets, Reuters

U.S. grains: Soybeans top $10 a bushel on Chinese demand, smaller crop

Chicago corn, wheat also up

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures advanced on Monday, with the most-active contract rising above US$10 a bushel for the first time in two years on strong export demand from China, before paring gains on profit-taking, analysts said. Corn futures ended modestly higher after reaching a six-month top and wheat also rose. Chicago Board […] Read more

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