Reading Time: 2 minutes United Nations | Reuters — The United Nations World Food Programme (WFP) warned on Tuesday that Ukraine’s wheat production may be unable to meet domestic and export demand in the years to come if Black Sea export routes remain blocked and attacks on food infrastructure continue. WFP’s Ukraine director, Matthew Hollingworth, said a forthcoming report […] Read more
Ukraine could fail to meet future wheat demand if attacks continue, UN agency warns
Report shows 31 attacks on grain facilities since mid-July
U.S. grains: Chicago soybeans rise on Brazil’s weather woes
Wheat up more than two per cent on Russian strike in Ukraine; corn finishes slightly higher
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures ended higher on Tuesday as Brazil’s torrid, crop-threatening weather conditions remained a prime worry for the market, despite rains over the last couple of days. Wheat futures also rose more than two per cent after a Ukrainian official said that Russian forces struck port infrastructure on one of […] Read more
U.S. livestock: CME lean hogs near four-week low amid large supply
Cattle futures slip lower
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell to their lowest price in nearly four weeks on Tuesday as large supplies hung over the market. Technical selling added pressure on prices as December hogs dropped below 70 cents/lb. for the first time since Nov. 1, analysts said (all figures US$). The contract […] Read more
U.S. livestock: Feeder cattle top one-week high
Traders digest U.S. cattle placements data; December hogs lower
Reading Time: 2 minutes Chicago | Reuters — U.S. feeder cattle futures and deferred live cattle futures finished higher on Monday after the government reported placements in feedlots were lower than analysts expected last month. The U.S. Department of Agriculture, in monthly data issued after the close of trading on Friday, said producers placed 3.8 per cent more cattle […] Read more
U.S. grains: CBOT soybeans jump after insufficient Brazil rains
Wheat down more than one per cent
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures rose two per cent on Monday, supported by brutally hot weather in Brazil that is likely to continue to stress crops despite some rains over the weekend coupled with the results of Sunday’s presidential election in Argentina. Chicago Board of Trade (CBOT) corn rose more than 0.5 per […] Read more
U.S. grains: Chicago soy, corn slip on improved weather in Brazil
Traders exit long positions ahead of U.S. Thanksgiving week
Reading Time: 2 minutes Chicago | Reuters — Chicago grain and soybean futures declined on Friday as the prospect of rain in drought-stricken Brazil eased crop concerns, while traders exited long positions heading into a shortened U.S. Thanksgiving trading week. Soybeans and corn dipped more than one per cent while wheat fell 0.5 per cent. The most-active soybean contract […] Read more
U.S. livestock: CME cattle rise ahead of bullish data
December lean hogs lower
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle and feeder cattle futures ended higher on Friday as livestock traders adjusted positions in the markets. After the close of trading, the U.S. Department of Agriculture issued monthly data that showed producers placed 3.8 per cent more cattle into feedlots in October than a year earlier, […] Read more
U.S. livestock: CME cattle sag on weakness in equities, cash cattle market
Futures prices indicate that cash prices in the south may fall further
Reading Time: 2 minutes Weakness in equities and the cash cattle market weighed on futures at the Chicago Mercantile Exchange (CME), brokers said. Futures markets rose the previous three days in a turnaround from multi-month lows reached last Friday.
U.S. grains: CBOT soybeans decline on prospect of rain in Brazil
A large harvest in Brazil could limit global demand for U.S. soybeans says analyst
Reading Time: 2 minutes Chicago soybean futures tumbled on Thursday as the prospect of downpours in Brazil helped offset concerns over hot, dry weather threatening crops in the top exporting nation.
U.S. livestock: CME cattle futures extend gains, await U.S. data
Fund liquidation and technical selling seem exhausted after driving live cattle to Friday lows
Reading Time: 2 minutes U.S. cattle futures extended gains on Wednesday as traders adjusted positions after steep losses last week and ahead of monthly supply data due on Friday.
A message from April Stewart, Country Guide's Associate Editor
