Reuters — U.S. soybean futures firmed on Monday after two sessions of declines as traders anticipated more purchases by China after the world’s top soy importer last week booked its first U.S. shipments in six months. Wheat futures climbed, supported by a weaker U.S. dollar and rising wheat prices in top exporter Russia. Corn prices […] Read more
U.S. grains: Soybeans firm on hopes for more sales to China
U.S. livestock: Lean hogs drop on technical selling
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for a third straight session on Monday as technical selling and profit-taking dragged prices to a 4-1/2-week low. Another steep sell-off in equities markets also stoked concerns that meat demand may not meet earlier expectations over the coming months. “Today we sucked more futures […] Read more
U.S. livestock: CME lean hogs rebound
Chicago | Reuters — U.S. lean hog futures closed out the week on a positive note on Friday as hopes for a pickup in pork sales to China fueled speculative buying that lifted prices more than one per cent and reversed the prior session’s losses. The market remains focused on trade talks between the U.S. […] Read more
U.S. grains: Soybeans firm on China trade hopes
Chicago | Reuters –– U.S. soybean futures firmed for the fifth time in six sessions on Friday on solid weekly export sales data and short-covering ahead of the weekend as the market waited for signs that China may soon resume purchases from the United States. Corn also advanced and wheat climbed to a 5-1/2 week […] Read more
U.S. livestock: Lean hogs drop on trade worry after Huawei arrest
Chicago | Reuters — U.S. lean hog futures fell for the third time in four sessions on Thursday on worries about rising U.S.-China trade tensions following the arrest of a Chinese executive in Canada, but the market clawed back most of the losses by the close. After optimism that trade talks last weekend between Washington […] Read more
U.S. grains: Soybeans dip as Huawei arrest clouds trade detente
Chicago | Reuters — U.S. soybean futures fell for the first time in five sessions on Thursday as the arrest of a senior executive at China’s Huawei Technologies Co. stoked concerns about a U.S.-China trade truce that has yet to produce a resumption of U.S. soybean sales to China. Corn followed soybeans lower, although declines […] Read more
U.S. livestock: Lean hogs rebound on demand hopes, pork margins
Chicago | Reuters — U.S. lean hog futures rebounded on Wednesday after two sessions of declines as improving meat packer margins and hopes for more pork sales to China buoyed the market. Traders are anticipating more pork sales to China following surprise sales to the world’s largest hog and pork market last week. Washington and […] Read more
U.S. grains: China sales hopes lift soy, wheat sinks on demand worry
Chicago | Reuters — U.S. soybean futures inched higher for a fourth straight session on Wednesday in light trading as investors sought clues as to whether a truce between Washington and Beijing in their trade dispute would revive U.S. soybean sales to China. Corn, which could also benefit from renewed Chinese demand, ended little changed. […] Read more
U.S. grains: Soybeans edge upward, still await promised Chinese buying
Chicago | Reuters — U.S. soybean futures edged higher on Tuesday on hopes that a U.S.-China trade war truce over the weekend would result in fresh Chinese demand for U.S. soybeans, although no deals have been confirmed. Corn also firmed slightly, following soybeans, while wheat ended mixed on light demand. At Saturday’s G-20 meeting in […] Read more
U.S. livestock: CME lean hogs slip on trade truce worries
Chicago | Reuters — U.S. lean hog futures fell for a second consecutive session on Tuesday on concern over a trade truce agreement reached over the weekend between the U.S. and China, the world’s top hog and pork market. Global stock markets tumbled on Tuesday as optimism waned that the U.S. and China could quickly […] Read more
Cyber-Savvy Farmer
