Chicago Board of Trade soybean futures hovered near a 15-month high on Wednesday after trade sources said China made its first purchases from the autumn U.S. harvest ahead of a summit between leaders Donald Trump and Xi Jinping.
U.S. grains: Soybean futures hover near 15-month high after China buys U.S. cargoes
Mexico agriculture secretary says still no date for restarting cattle exports to U.S.
Mexican Agriculture Minister Julio Berdegue said on Wednesday that Mexico and the United States have not yet set a date to resume Mexican cattle exports amid an outbreak of the flesh-eating screwworm parasite.
China buys U.S. soybean cargoes ahead of Trump-Xi meet, sources say
China’s state-owned COFCO bought three U.S. soybean cargoes, two trade sources said, the country’s first purchases from this year’s U.S. harvest, shortly before a summit of leaders Donald Trump and Xi Jinping.
U.S. grains: Soybeans set 15-month high on U.S.-China trade deal hopes
Chicago soybean futures reached their highest in 15 months on Tuesday, briefly topping $11 a bushel on optimism that the U.S. could reach a trade deal with China as leaders from both countries are expected to meet in South Korea on Thursday.
Monsoon promise turns sour for India’s crops ruined by late downpours
Indian farmers’ hopes for bumper crops following this year’s abundant monsoon rains were dashed by heavy downpours just before harvest that damaged their fields.
U.S. livestock: Cattle futures sink on concerns over Trump’s push to lower prices
Chicago | Reuters – U.S. cattle futures tumbled on Monday, extending a steep slide after President Donald Trump complained last week that prices were too high. Traders said they were increasingly expecting that Trump’s administration will encourage more imports of beef and cattle in a bid to offset tight U.S. supplies and bring down prices […] Read more
U.S. grains: Soy hits four-month high on hopes for China trade deal
U.S. soybean futures jumped to their highest level in more than four months on Monday on hopes that China will resume buying American supplies after President Donald Trump said the countries were set to reach a trade deal during his trip to Asia this week.
The U.S. corn crop could be the biggest ever. That’s terrible news for America’s farmers.
The USDA predicts a record corn crop for U.S. farmers, who question the agency’s accuracy amidst high debt and low crop prices.
U.S. grains: Soy, corn dip on farmer selling; U.S.-China trade talks in focus
U.S. soybean futures retreated on Friday from a one-month high, pressured by a dip in crude oil prices and a round of farmer selling while market players awaited upcoming U.S. trade talks with China, the world’s top soybean buyer.
UN weather agency reviews priorities as funding falls short
The UN weather agency plans to cut some posts and is reviewing its priorities as dozens of countries, including the United States, are late with their fees, a spokesperson said on Friday.