Chicago | Reuters – Chicago Mercantile Exchange cattle and hog futures climbed on Tuesday on position squaring between the Christmas and New Year holidays, analysts said. CME February live cattle LCG26 settled 1.500 cents higher at 230.475 cents per pound, and March feeder cattle FCH26 settled 2.900 cents higher at 344.575 cents per pound. CME […] Read more
U.S. livestock: CME cattle futures higher on year-end positioning
U.S. grains: Soybean futures fall, shrugging off China purchases
Chicago | Reuters – Chicago Board of Trade grain futures ticked lower on Tuesday amid a sluggish trading session, as investors weighed the latest developments surrounding the Russia-Ukraine peace talks. CBOT soybean futures fell after a day of choppy trade on signs of China returning to the U.S. market, and trying to finish up last-minute […] Read more
China vows to stabilize grain production, increase soybean oilseed self-sufficiency
Chinese officials have vowed to stabilize grain production and increase soybean oilseed production capacity, readouts of agricultural policy meetings showed on Tuesday, as Beijing seeks to reduce imports and ensure food security.
U.S. livestock: Lean hogs tick down on supply numbers, year-end positioning
Chicago | Reuters – Chicago Mercantile Exchange live cattle and lean hog futures fell while feeder cattle futures rose on year-end positioning, according to analysts, with the trade thin between Christmas and New Year holidays. Many funds still have net long positions, said Doug Houghton, analyst at Brock Associates, “If they’re taking profits, that’s going […] Read more
U.S. grains: Chicago grains and oilseeds fall as Black Sea, China headlines assessed
Chicago | Reuters – Chicago grains and oilseeds fell on Monday in thin holiday season trade, as market players weighed how markets would be affected by news from Russia, Ukraine and China, according to analysts. There were positive signals from talks between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy to end the war […] Read more
Soy trading firms to abandon Amazon protection pact in Brazil
Some of the world’s largest soybean traders are preparing to break their agreement to curb deforestation of the Amazon rainforest to preserve tax benefits in Brazil’s top farm state, two people with direct knowledge of the matter told Reuters.
Ultra-processed foods are danger to global public health, experts warn
Ultra-processed foods are a major public health threat that must be urgently addressed, according to a new series of papers authored by 43 global experts in the Lancet medical journal.
Argentine farmers bag last fields of a dream wheat season
With only a few hectares left to harvest, Argentina’s wheat production is expected to exceed the country’s record wheat harvest of 22.2 million tons for the 2021/22 season by up to 25 per cent, according to official data.
U.S. livestock: CME cattle tick lower in thin pre-holiday trade
Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures were little changed but ended slightly lower on Wednesday amid thin trade ahead of Christmas, analysts said. Many traders have exited out of their positions ahead of Christmas and the New Year market holidays. CME February live cattle LCG26 settled 1.45 cents lower […] Read more
U.S. grains: Wheat extends gains on short covering, war risk
Chicago | Reuters – Chicago Board of Trade wheat futures rose for a fifth session on Wednesday as worries about the escalation of hostilities in the Black Sea export zone and severe cold in Russian wheat belts encouraged short-covering before the Christmas break, traders and analysts said. Corn futures edged up on robust demand and […] Read more