Chicago | Reuters — U.S. soy and wheat futures fell on Monday on positioning ahead of a monthly U.S. Department of Agriculture crop supply/demand report and uncertainty about the ongoing U.S.-China trade dispute, traders said. A higher dollar added pressure, making U.S. grains less competitive on global markets. Corn followed the weak trend but found […] Read more
U.S. grains: Soy, wheat decline on persistent demand worries
U.S. livestock: CME live cattle futures up slightly
Chicago | Reuters — U.S. cattle futures closed modestly higher on Friday on short-covering after a four-session slide and concern that wintry weather in the central Plains in the coming days could slow cattle weight gain, traders said. Lean hog futures were mixed as traders awaited news on U.S.-China trade talks expected this weekend as […] Read more
U.S. grains: Wheat, soy, corn climb
Chicago | Reuters — U.S. wheat futures rose about 1.5 per cent Friday on firming cash markets, analysts said, while soybeans and corn firmed ahead of hotly anticipated U.S.-China trade talks at this week’s G20 summit in Argentina. The G20 meeting is to include head-to-head discussions between U.S. President Donald Trump and Chinese counterpart Xi […] Read more
U.S. livestock: Hogs bounce on news of pork sales to China
Chicago | Reuters — U.S. lean hog futures jumped more than four per cent on Thursday after the U.S. Department of Agriculture’s weekly export sales report showed that China last week placed its largest order for U.S. pork since February, traders said. The purchases are a signal that an outbreak of African swine fever in […] Read more
U.S. grains: Soybeans pause after two-day rise
Chicago | Reuters — U.S. soybean futures eased on Thursday as traders booked profits after prices hit a near two-week high in the previous session, ahead of trade talks between Washington and Beijing at the G20 meeting. Wheat futures declined on lacklustre U.S. export sales while corn ended nearly unchanged. Chicago Board of Trade January […] Read more
U.S. livestock: Lean hogs sag on technical selling, soft cash
Chicago | Reuters — U.S. lean hog futures closed mostly lower on Wednesday, with the benchmark February contract declining for a third straight session on technical selling and weak cash values, traders said. Chicago Mercantile Exchange February lean hog futures settled down 0.55 cent at 64.5 cents/lb. after the contract dipped below its 50-day moving […] Read more
U.S. grains: Soy climbs on short-covering ahead of trade talks
Chicago | Reuters — U.S. soybean futures rose on Wednesday on short-covering as investors waited to see if expected talks between Washington and Beijing at a G20 summit this week will defuse a trade dispute that has choked U.S. soybean exports to China. Corn and wheat followed the firm tone, drawing additional support from a […] Read more
U.S. livestock: Lean hogs drift lower on weak cash values
Chicago | Reuters — U.S. lean hog futures closed mostly lower on Tuesday, with the benchmark February contract falling for the fourth session out of the last five after hitting a contract high last week. “The cash market continues to struggle. It’s a battle between reality and the ASF (African swine fever) headlines,” said Craig […] Read more
U.S. grains: Soybeans rise ahead of G20 talks, wheat declines
Chicago | Reuters — U.S. soybean futures firmed on Tuesday as brokers adjusted positions ahead of trade talks between China and the U.S. at the upcoming G20 meeting. Corn ended narrowly mixed while wheat futures fell on technical selling and worries about export demand for U.S. supplies. In addition, concerns eased about political tension between […] Read more
U.S. grains: Soybeans sag on fears of fading export prospects
Chicago | Reuters — U.S. soybean futures fell about two per cent and neared a four-week low on Monday on chart-based selling and worries about export prospects for U.S. supplies amid a trade war with China, traders said. Corn futures followed soybeans lower. But wheat futures rose on fears that Russian-Ukrainian tensions could inhibit grain […] Read more
Cyber-Savvy Farmer
