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(Keith Weller photo courtesy ARS/USDA)
Crops, Markets, Reuters, Soybeans

U.S. soybean production gains outpace rising demand

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Reading Time: 2 minutes Washington | Reuters — Record demand for soybeans has paled in comparison to the expected sharp gains in supply, which will leave U.S. farmers and commercial operators with a growing stockpile of the oilseed even as exports and crushings continue to rise. The U.S. Agriculture Department on Monday raised expected demand for U.S. soybeans during […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

U.S. grains: Corn, soy at multiweek highs on positioning ahead of USDA

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures finished narrowly higher on Friday, capping big weekly gains in a choppy session of light-volume trading ahead of the U.S. Department of Agriculture’s monthly supply and demand report next week. Chicago Board of Trade corn futures hit a 2-1/2-week high and soybeans finished at the highest […] Read more
(Allan Dawson photo)
Crops, Markets, Reuters

U.S. grains: Corn hits two-week high on short-covering

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures climbed more than one per cent to a two-week high on Thursday as investors exited short positions ahead of the U.S. Department of Agriculture’s monthly crop report due on Monday, when the government is expected to trim corn yields. Soybean futures reversed from small losses and turned higher […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Soy, corn, wheat gain ahead of USDA supply data

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Reading Time: 2 minutes Chicago | Reuters –– U.S. corn, soybeans and wheat each rose one per cent or more on Wednesday, lifted by short-covering linked to export demand prospects and expectations of bullish supply data due next week from the U.S. Department of Agriculture. USDA earlier said exporters sold 484,000 tonnes of U.S. soybeans to China and unknown […] Read more
(Dave Bedard photo)
Crops, Reuters

Farmers’ debt seen hitting fresh record high

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Reading Time: 2 minutes Reuters — Canadian farmers’ debt will likely reach another record high this year, while land appreciation slows and incomes flatten, but the industry is still in strong financial shape, the country’s biggest agriculture lender, Farm Credit Canada, forecast on Tuesday. FCC, the federal Crown ag lending agency, sounded a note of caution for farmers, who […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy ends firm, rebounding from last week’s multi-month lows

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Tuesday on reminders of fresh export demand, extending a modest rebound from multi-month lows set last week, traders said. Wheat futures drifted lower after a long U.S. holiday weekend while corn ended steady to slightly higher, with the benchmark December corn contract settling unchanged. At the […] Read more
Hogs, Livestock, Markets, Reuters

Smithfield says Illinois hog plant shut down after fire

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Reading Time: < 1 minute Chicago | Reuters — Smithfield Foods on Tuesday said a hog slaughterhouse in western Illinois will be operational as soon as possible after a fire halted pork production on Monday. “(The) cause of the fire is being investigated,” Smithfield spokeswoman Kathleen Kirkham said, adding that there were no injuries in the fire that occurred in […] Read more
Harvest equipment stands ready in the Livelong, Sask. area, about 100 km north of North Battleford. (Lisa Guenther photo)
Crops, Markets, Reuters

U.S. grains: Soy, corn, wheat slide on prospects for rising stockpiles

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat futures fell to multi-year lows on Tuesday and soybeans hit a four-week low on expectations for big crops and rising grain supplies, traders and analysts said. At the Chicago Board of Trade, November soybeans settled down 13-1/2 cents at $9.50-3/4 per bushel and December corn ended down […] Read more

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