(Dave Bedard photo)

New Trump aid plan for U.S. farmers to rely on direct payments

Reading Time: 2 minutes Washington | Reuters — The Trump administration’s second package of aid for U.S. farmers hit by the trade war with China is expected to have a similar structure to last year’s program, using direct payments and commodity purchases, industry sources briefed on the plan said. The U.S. Department of Agriculture is still finalizing the plan, […] Read more



(Qingwa/iStock/Getty Images)

USDA sees smaller soy crop in 2019, more corn

Reading Time: 2 minutes MarketsFarm — U.S. farmers will grow more corn and fewer soybeans in 2019, according to the first production estimates of the year from the U.S. Department of Agriculture. Ending stocks of both crops are expected to remain large. U.S. soybean production for 2019-20 was forecast at 4.15 billion bushels by the government agency, which would […] Read more






CME June 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME lean hogs limit up on technical buying, export hopes

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures rallied sharply on Wednesday with several contracts closing up the daily trading limit on technical buying and speculation that Chinese demand for U.S. pork is poised to grow. The U.S. Department of Agriculture (USDA) is due to release weekly export sales data early on Thursday and traders […] Read more

CBOT July 2019 corn (candlesticks) with July 2019 soybeans (line) for comparison. (Barchart)

CBOT weekly outlook: Weather, trade talks strong influences

Reading Time: 2 minutes MarketsFarm — Forecasts calling for more precipitation in the U.S. and trade talks with China are having powerful effects on prices at the Chicago Board of Trade this week from where one analyst sits. Steve Georgy of Allendale Inc. in McHenry, Ill. said the forecast has been driving soybean prices to new contract lows. Already […] Read more



(Dave Bedard photo)

Trump administration eyes more aid to farmers if necessary

Reading Time: 2 minutes Washington | Reuters — The Trump administration is ready to provide more federal aid to farmers if required, a White House adviser said on Monday, after rolling out up to US$12 billion since last year to offset agricultural losses from the trade dispute with China. “We have allocated $12 billion, some such, to farm assistance. […] Read more