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(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs in reversal as pork extends losses

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Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures fell sharply on Thursday, reversing from earlier steep gains on pressure from declining pork prices and ample hog supplies, traders and analysts said. The price action suggested that hog futures would likely test their life-of-contract lows reached on Aug. 4 when trading resumes on Friday, analysts said. […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy firms modestly on export demand

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybeans firmed on Thursday on signs of resurgent export demand but corn drifted lower in subdued trade as the market awaited key monthly reports due Friday from the U.S. Department of Agriculture. Wheat fell despite better-than-expected weekly export sales data. At the Chicago Board of Trade, November soybeans settled up […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Canola looks to widen out range

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Reading Time: 2 minutes CNS Canada — ICE Futures Canada canola contracts appear poised to chop around a new $20 trading range ahead of the harvest. The front-month canola contract had been down at $446 per tonne to start the week (Aug. 3-10) until speculator activity and spillover gains from vegetable oil helped bring it up to the $460 […] Read more
(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soy, corn stuck in place ahead of USDA data

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Reading Time: 2 minutes CNS Canada — Soybean and corn markets at the Chicago Board of Trade are trading in tight ranges ahead of key data from the U.S. Department of Agriculture. But increased global demand for U.S. commodities could underpin prices going forward, one U.S. analyst says. Soybeans – “We’re all just waiting,” said Scott Capinegro of Chicago-based […] Read more
(Keith Weller photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soybeans fall on weather, snap five-session rally

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Wednesday, pressured by favourable crop weather and profit-taking after a five-session advance that was driven by resurgent export demand, analysts said. Corn futures firmed modestly, gaining against soy ahead of a key U.S. government crop report due on Friday, while wheat futures rose on hopes for […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy export demand extends rally while corn sags

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose for a fifth straight session on Tuesday, supported by persistent export demand, traders said. Corn futures drifted lower, however, as traders adjusted positions ahead of monthly U.S. crop reports due on Friday, while wheat settled unchanged. At the Chicago Board of Trade, the benchmark November soybean contract […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Profit-taking undercuts CME live cattle

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, pressured by fund selling and profit-taking after last week’s market rally, traders said. August live cattle ended 0.75 cent/lb. lower at 116.925 cents (all figures US$). October closed 0.875 cent lower at 114.65 cents and below the 100-day moving average of […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy rises to one-week high on export deals

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose to a one-week peak on Monday on strong export demand and drier-than-expected Midwest weather over the weekend, although forecasts for a bumper U.S. harvest this autumn limited gains. Corn futures edged higher on short covering following recent declines, while wheat prices were narrowly mixed. Some traders squared […] Read more
(Jack Dykinga photo courtesy ARS/USDA)
Crops, Reuters, Spring Wheat

Quarantined Washington wheat negative for GMO

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Reading Time: < 1 minute Reuters — No genetically modified (GMO) wheat has been found in a Washington state farm’s crop tested after an unapproved biotech variety was discovered growing there in June, the U.S. Department of Agriculture said on Friday. The quarantined grain will be allowed to enter the marketplace, USDA said. USDA’s Animal and Plant Health Inspection Service […] Read more
(Jack Dykinga photo courtesy ARS/USDA)
Cereals, Crops, Reuters

Korea reports no GMO in U.S. wheat imports

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Reading Time: < 1 minute Seoul | Reuters — South Korea has not detected any genetically modified wheat in tests on imports of wheat and flour from Washington state, after the discovery of unapproved GM wheat in the U.S. state prompted Japan and South Korea to suspend certain U.S. imports. South Korea, the fifth largest market for U.S. wheat, had […] Read more

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