Chicago | Reuters — U.S. soybean futures rebounded on Wednesday, posting gains for the fifth session in six on hopes that China will accelerate its purchases of U.S. agricultural products following three days of trade talks with the United States this week. Corn also firmed as traders anticipated the grain would be among the goods […] Read more
U.S. grains: Soy climbs on China trade optimism
U.S. grains: Soybeans slip from rally, eyes on China talks
Chicago | Reuters — U.S. soybean futures declined for the first time in five sessions on Tuesday in a profit-taking and technical setback after notching 3-1/2-week highs a day earlier. Losses were limited, however, by hopes that trade talks between Washington and Beijing will open the door for more U.S. soybean exports to China following […] Read more
U.S. grains: Soy firm on Brazil dryness, China trade hopes
Chicago | Reuters — U.S. soybean futures rose on Monday for a fourth straight session and notched a three-week high on concern about dry weather in Brazil and as trade talks between Washington and Beijing raised hopes of accelerated export purchases by China. Corn and wheat eased as some traders sold contracts to take profits […] Read more
U.S. grains: Wheat drops as Russia lessens export curb fears
Chicago | Reuters –– U.S. wheat futures fell nearly two per cent on Friday after Russia raised its grain export forecast and dampened speculation that tight supplies would prompt curbs on overseas shipments from the world’s biggest wheat supplier. Soybeans dropped to a three-week low as favourable weather boosted crop prospects in South America, overshadowing […] Read more
U.S. livestock: Nearby live cattle rise on firm cash prices
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mixed on Friday, with firm cash cattle markets supporting actively traded nearby months. Forecasts for possible winter weather in the U.S. Plains next week, which could slow down weight gains and cattle marketings, added further support. Feedlot cattle in Nebraska traded at mostly $119/cwt […] Read more
U.S. grains: Soy down as supplies outweigh China demand
Chicago | Reuters — U.S. soybean futures fell to three-week lows on Thursday as improving crop prospects in South America overshadowed renewed Chinese demand for U.S. shipments. Corn futures also fell to the lowest in three weeks on concerns about demand from ethanol producers and as forecasts for rain in dry areas of Brazil’s corn […] Read more
U.S. grains: Soybeans drop as export sales to China disappoint
Chicago | Reuters — U.S. soybean futures dropped to two-week lows on Wednesday as renewed export sales to China following a trade war truce between Washington and Beijing fell short of expectations. Corn futures also declined on a slowdown in production of corn-based ethanol, while wheat dropped nearly two per cent in light trading, pressured […] Read more
U.S. livestock: Hogs, cattle end mixed ahead of supply reports
Chicago | Reuters — Chicago Mercantile Exchange live cattle and lean hog futures ended mixed on Wednesday as traders squared positions ahead of two key U.S. government reports due on Thursday, traders said. The U.S. Department of Agriculture is scheduled to release its monthly cattle on feed report and its quarterly hogs and pigs report […] Read more
U.S. grains: Soybeans rise as China buys more U.S. shipments
Chicago | Reuters — U.S. soybean futures rose for a second straight session on Tuesday as Chinese importers booked U.S. shipments in the second wave of purchases since striking a trade war truce with Washington earlier this month. Corn also firmed as traders anticipated import purchases by China as part of the detente, which included […] Read more
U.S. livestock: Hogs slump on technical selling, cattle rebound
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for a fourth consecutive session on Tuesday led by the actively traded February contract, which hit a 4-1/2-week low on pressure from its premium over cash hog prices. Ample hog and pork supplies weighed on nearby futures contracts, while losses in deferred months were […] Read more
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