(GreaterOmaha.com)

U.S. beef speeds to China by air as ban ends

Reading Time: 2 minutes Chicago | Reuters –– The first shipment of U.S. beef to China under a new trade deal went airborne on Wednesday, a Nebraska meat company said, just two days after Washington finalized details to resume exports, ending a 14-year ban. Greater Omaha Packing Co. said it shipped beef by plane to China from Nebraska, a […] Read more


(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Hogs rebound as wholesale pork hits two-year high

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures jumped as much as two per cent on Tuesday, rebounding from losses in the previous session on support from sharply higher wholesale pork prices, traders and analysts said. Prices for U.S. pork extended gains to the highest levels in more than two years, according to […] Read more




Soybeans in Ontario, June 2016. (Ralph Pearce photo)

U.S. grains: Corn, soybeans end higher ahead of hot spell

Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures firmed on Friday as forecasts for scorching temperatures in the Midwest crop belt through early next week prompted funds to cover short positions, analysts said. Chicago Board of Trade winter wheat futures fell on profit-taking but still posted a weekly advance of 3.8 per cent, triggered […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle futures firm

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures rose on Wednesday in a rebound from losses in the previous session while some lean hog contracts weakened following recent gains in technically driven consolidation trade, traders and analysts said. Rising wholesale beef prices buoyed cattle futures as retailers bought to stock meat coolers ahead of the […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle climb to one-month top

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts hit a one-month high on Friday, driven by fund buying and short-covering, said traders. Futures’ discounts to this week’s better-than-anticipated cash prices generated more buying. June closed 3.4 cents/lb. higher at 130.825 cents, and August 1.35 cents higher at 126.05 cents (all figures US$). Live […] Read more

(MGEX.com)

U.S. grains: Minneapolis wheat surges on northern Plains dryness

Reading Time: 2 minutes Chicago | Reuters — U.S. spring wheat futures set a 5-1/2-month high on Friday, buoyed by expanding dryness in the northern Plains production belt, analysts said. Minneapolis Grain Exchange July spring wheat settled up five cents at $5.83-3/4 per bushel after reaching $5.90, the highest spot price since mid-January (all figures US$). The spot contract […] Read more