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Tag Archives USDA

Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs mostly higher on bargain-buying

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Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures were mostly higher on Wednesday, with both cattle and hogs recovering from recent lows on bargain buying and positioning ahead of government supply data, traders and analysts said. Most lean hog contracts jumped three per cent or more on the Chicago Mercantile Exchange after earlier notching lifetime lows. […] Read more
Mature winter wheat. (Allan Dawson photo)
Crops, Markets, Reuters

U.S. grains: Wheat hits two-month low

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures dipped to two-month lows on Wednesday as improving weather for developing crops in the drought-hit southern Plains put the focus back on ample world supplies, traders said. Corn and soybean futures closed lower after a choppy session as traders squared positions a day ahead of key U.S. planting […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat down on better weather, positioning ahead of USDA

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures declined on Tuesday as rains in the Southern Plains breadbasket boosted prospects for the region’s drought-hit winter wheat crop, analysts said. Soybean futures fell while corn closed flat in light volume ahead of key data due this week from the U.S. Department of Agriculture (USDA). The government was […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle touch six-month low on big supply

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle tumbled to a six-month low on Monday as a glut of animals at U.S. feedlots fueled concerns about plentiful beef supplies into the fall, traders said. The U.S. Department of Agriculture reported after Friday’s market close that ranchers had placed 7.3 per cent more cattle in […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Trade war risk slams CME hogs

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange lean hogs hit a four-month low on Thursday as U.S. stocks plummeted amid fears of a potential trade war between the U.S. and China, said traders. On Thursday U.S. President Donald Trump signed a presidential memorandum that could impose tariffs on up to $60 billion of imports from […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Canola futures linked to NAFTA

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Reading Time: 2 minutes CNS Canada — ICE Futures Canada canola contracts zigged and zagged around the $520 per tonne mark during the week ended Wednesday — but one analyst says the market could really take a turn if and when the future of the North American Free Trade Agreement is clarified. “The Canadian dollar is already moving to […] Read more
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soy, corn market attention shifts north

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Reading Time: < 1 minute CNS Canada — Soybean and corn futures at the Chicago Board of Trade moved lower over the past week, but stabilized at those lows as attention shifts from weather concerns in Argentina to planting intentions in North America. Rains in Argentina over the past weekend helped ease dryness concerns there somewhat and caused soybeans and […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wetter forecasts pressure K.C. wheat

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Reading Time: 2 minutes Chicago | Reuters — U.S. hard red winter wheat futures fell to near two-month lows on Wednesday on forecasts of another round of beneficial showers next week in the southern Plains that could boost crop prospects, analysts said. Chicago Board of Trade soft red winter wheat rallied late in the session to end higher, while […] Read more

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