Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures fell 2.4 per cent on Monday, weighed down by bearish supply concerns, traders said. “The hog market boils down to more of the same. Big supplies, record supplies,” said Don Roose, president of Iowa-based U.S. Commodities “With these trade talks still iffy, where are the Chinese? They […] Read more
U.S. livestock: Hog futures drop on supply glut
Grain World: Geopolitics is back dominating global relations
Reading Time: 3 minutes Saskatoon | MarketsFarm — Geopolitics is again shaping the international scene, including China, Jason Shapiro explained here Thursday at the Grain World conference. Geopolitics, he said, resulted in catastrophic global wars and generated very little peace for close to a century. Shapiro, director of analysis for Geopolitical Futures — an Austin, Tex.-based international risk analysis […] Read more
U.S. grains: CBOT wheat surges to five-month high
Reading Time: 2 minutes Corrected, Nov. 30 — Chicago | Reuters — Chicago wheat futures exploded to a five-month high on Friday due to threats to global production and as fund scrambled to cover their short positions in the post-holiday market, traders said. The wheat rally gave support to Chicago corn futures, which hit a three-week high on the […] Read more
U.S. livestock: CME lean hogs recover from two-month low
Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures ended higher on Friday in a turnaround from a decline earlier in the session to their lowest price since early September. Prices bounced back as pork producers are hoping that China will ramp up buying from the U.S. as it grapples with a fatal pig disease, African […] Read more
U.S. grains: Soy futures fall to two-month low
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures slid to a two-month low on Wednesday on technical selling and expectations that increased rains will benefit crops in rival shipper South America. Corn and wheat futures also fell as traders adjusted positions ahead of Thursday’s Thanksgiving holiday, when U.S. markets will close. The markets will reopen for […] Read more
U.S. livestock: CME live cattle set contract high on winter storms
Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures reached a contract high on Wednesday on expectations that wintry weather would hamper the movement of cattle to slaughterhouses. Two winter storms blasted parts of the United States, after parts of Colorado got up to 30 inches of snow on Tuesday. The storms could disrupt transportation and […] Read more
CBOT weekly outlook: Soy, corn stuck waiting on trade news
Reading Time: < 1 minute MarketsFarm — Soybean and corn futures at the Chicago Board of Trade remain in a holding pattern, waiting for concrete news on ongoing negotiations between the United States and China. Activity during the last week of November was slowing down as traders moved to the sidelines ahead of the U.S. Thanksgiving holiday, with attention expected […] Read more
Pulse weekly outlook: FCC sees opportunities for exports
Reading Time: 2 minutes MarketsFarm — Farm Credit Canada (FCC) on Tuesday released a report titled Diversifying Canada’s agriculture exports, which included pulses and also looked at some of the pros and cons to diversifying Canada’s wheat, canola and soybeans. “Canada has done extremely well in establishing strong trade relations in a number of key markets thanks to a […] Read more
U.S. grains: Soy hits two-month low on export competition
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to their lowest in more than two months on Tuesday on a mix of technical selling and export competition from South American supplies, traders said. Corn and wheat futures also declined after rallying a day earlier. Chicago Board of Trade January soybean futures settled down 8-1/4 cents […] Read more
U.S. livestock: CME live cattle touch seven-month high
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures climbed to a seven-month high on Monday, supported by monthly U.S. feedlot data that was not as bearish as some had feared, traders said. Traders also cited spillover strength from record highs on Wall Street equity markets and forecasts for a winter storm this week that could […] Read more
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