Reading Time: 2 minutes Beijing | Reuters — China plans to divide its hog industry into five zones in an attempt to halt the spread of African swine fever across the world’s top pork producer and guarantee supplies. Beijing has reported more than 100 outbreaks of the disease, which is fatal to pigs but not harmful to people, in […] Read more
China moves to halt swine fever with hog industry overhaul
U.S. grains: Wheat sinks on plentiful global supply
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures slid for a second consecutive session on Tuesday to the lowest in 10 months as cheaper exports from producers including Russia weighed on demand for U.S. supplies. Soybeans also fell, giving up the last session’s gains, as a rapidly advancing harvest in top exporter Brazil boosted global supplies. […] Read more
U.S. livestock: Hogs sag on large supply, shrug off trade talks
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures slumped on Monday as concerns about mounting supplies overshadowed hopes that Washington and Beijing will resolve the trade war that has reduced shipments of U.S. pork to China. U.S. President Donald Trump said on Sunday he would delay an increase in U.S. tariffs on Chinese goods thanks to […] Read more
U.S. grains: Soybeans firm on trade hopes
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed to a 2-1/2-week high on Monday on hopes for a trade agreement between Washington and Beijing and after China vowed late last week to make additional U.S. soybean purchases. Wheat futures plunged around four per cent to fresh contract lows on technical selling and concerns about stiff […] Read more
Trump delays tariff hike on Chinese goods, citing trade talk progress
Reading Time: 4 minutes Washington | Reuters — President Donald Trump said on Sunday he would delay an increase in U.S. tariffs on Chinese goods thanks to “productive” trade talks and that he and Chinese President Xi Jinping would meet to seal a deal if progress continued. The announcement was the clearest sign yet that China and the U.S. […] Read more
U.S. grains: Crop prices seesaw as traders eye China talks
Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soy futures seesawed on Friday as traders waited for signs that Washington and Beijing were making progress toward a trade agreement that could boost Chinese imports of U.S. crops. After the close of trading, U.S. Agriculture Secretary Sonny Perdue said on Twitter that China, in a meeting at […] Read more
U.S. livestock: Hogs recover on hopes for China trade talks
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures jumped on Thursday on increased optimism about the potential for progress in trade talks between Washington and Beijing. The top U.S. and Chinese trade negotiators resumed high-level negotiations to hash out a deal that could end their trade war, just over a week before a U.S.-imposed deadline to […] Read more
Corteva wins final OK for global launch of Enlist E3 soy
Reading Time: 2 minutes Chicago | Reuters — DowDuPont has won the final international regulatory approval needed, from the Philippines, for a global launch of a new line of genetically engineered soybeans, the company said on Thursday. The approval means seed companies can sell the soybeans, named Enlist E3, to farmers for planting as early as this spring without […] Read more
U.S. grains: Wheat rebounds from seven-month low
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures rebounded on Thursday after a four-day slide, while the grains market overall steadied as U.S. and China trade negotiators sketched an outline for what could be a deal to end the trade war. Thursday’s technical bounce in wheat was encouraged by optimism over the trade negotiations, which also […] Read more
ICE weekly outlook: Oversold canola still fundamentally bearish
Reading Time: < 1 minute ICE canola futures are starting to look oversold after falling contract lows during the week ended Wednesday. While a short-term technical correction is possible, the underlying fundamentals remain bearish. “Canola might be a little bit short-term oversold,” said Ken Ball of PI Financial in Winnipeg. Signs that exports were perking up could also be supportive, […] Read more
A message from April Stewart, Country Guide's Associate Editor
