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(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures mixed in pre-report positioning

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Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures were mixed on Thursday, with the nearby contract easing while deferred months firmed slightly on positioning ahead of two big U.S. Department of Agriculture reports due Friday, traders said. Some investors were unwinding bull spreads placed during the cattle market’s rally to its highest in more than […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs turn up on short-covering

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Reading Time: < 1 minute Chicago | Reuters –– Chicago Mercantile Exchange livestock futures ticked higher on Thursday, boosted by short-covering and technical buying after prices probed new lows earlier this week, traders said. Futures for cattle and lean hogs notched narrow gains despite fears of weaker prices in cash markets and a lower trend in wholesale meat values — […] Read more
(Photo courtesy Water Management Research Unit, ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Corn hits contract lows on favourable weather

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell to contract lows on Tuesday on forecasts for crop-boosting rain and milder temperatures in the heart of the U.S. corn belt, with three-quarters of the nation’s crop already in good-to-excellent shape. Wheat futures tumbled more than three per cent on dull export demand and improving spring wheat […] Read more
Chocolate World in Hershey, Penn. in 2011. (SDominick/iStock/Getty Images)
Crops, Reuters

Nestle, Hershey at odds with farmers over U.S. GMO labeling

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Reading Time: 3 minutes New York | Reuters –– The world’s top food companies and farmers of crops such as beet sugar are pitted against each other as they lobby the U.S. government over plans to label genetically engineered ingredients. At the heart of the issue is transparency over ingredients used in food. Packaged foods makers are facing flagging […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

U.S. grains: Wheat sets two-week high

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures touched a two-week high above US$5 a bushel on Friday on reduced expectations for France’s harvest while corn prices rose on concerns over unfavourably hot U.S. crop weather. Soybean futures touched a one-week low after a bout of selling late in the trading session erased earlier gains. An […] Read more
(Bob Nichols photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Corn, soybeans sink to 1-1/2 week lows

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures drifted lower on Thursday ahead of a key U.S. government report due on Friday expected to raise estimates of U.S. 2018 corn and soybean plantings. Wheat also eased, pressured by an accelerating U.S. winter crop harvest and reports of higher-than-expected yields in some areas. Favourable crop […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Hog futures higher on spreading

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures were narrowly higher in bull-spreading on Thursday as some investors exited positions in nearby contract months ahead of a quarterly government supply report that was released after the close of trading. The U.S. Department of Agriculture in the report said the U.S. hog herd as of June […] Read more

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