Chicago Mercantile Exchange cattle futures ended higher on Friday under support from stronger wholesale boxed beef prices and buying interest, though concerns over waning consumer demand for beef continued to linger over the market, analysts said.
U.S. livestock: Cattle futures up on higher wholesale prices, buying interest
U.S. grains: Chicago corn, soybeans recover from multi-month lows
Chicago corn and soybean futures rose on Friday from multi-month lows, supported by short covering and a weakening dollar, analysts said.
U.S. grains: Chicago corn, soy linger at multi-month lows as weather weighs
Chicago Board of Trade corn and soybean futures hovered around multi-month lows on Thursday, with corn again notching life-of-contract lows, as favourable U.S. weather and expectations of record Brazilian crops maintained supply pressure.
U.S. livestock: CME cattle futures mixed as consumer and retail demand declines
Chicago Mercantile Exchange cattle futures ended mixed on Wednesday as market players weighed waning demand from consumers and retailers while hog futures turned higher, following a seasonal pattern, traders said.
U.S. grains: Chicago corn drops to more contract lows as heavy supply weighs
Chicago Board of Trade front and back-month corn futures notched lifetime lows on Wednesday on expectations of a hefty Brazilian corn crop and a lack of weather threats for the large U.S. corn crop that has recently been seeded, traders said.
U.S. grains: Chicago wheat falls on harvest pressure; corn hits contract lows
Chicago wheat futures sank on Tuesday on pressure from the ongoing harvest in the U.S. Plains and Black Sea as well as a lack of weather threats, analysts said.
Experts doubt FBI’s claim that crop fungus smuggled by Chinese students is a threat
A biological sample that a Chinese researcher was accused of smuggling into the United States and that prosecutors cast as a “dangerous biological pathogen” is a common type of fungus already widespread in U.S. crop fields that likely poses little risk to food safety, experts said.
USDA’s spring and winter wheat ratings exceed expectations
Recent rains helping crops
The U.S. Department of Agriculture’s weekly crop progress report showed on Monday 50 per cent of U.S. spring wheat and 52 per cent of winter wheat in good to excellent condition, exceeding analyst expectations.
Pigs can’t fly: U.S. high-end livestock breeders lose millions in China tariff fallout
China has been a key importer of American hog and dairy cattle genetics, but shipments have stalled
China is one of the biggest importers of American breeding pigs and other livestock genetic material such as cattle semen. These lucrative niche export markets had been growing, but dried up since U.S. President Donald Trump started a trade war with Beijing.
U.S. grains: Wheat stumbles on improved harvest prospects; soy steadies
Chicago wheat futures moved lower on Friday as traders weighed improved yield prospects in the U.S. Plains, though brisk export demand limited losses, traders said.
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