Trump trade-war aid sows frustration in farm country

Rochester, Minnesota | Reuters — The U.S. government is paying Texas cotton farmer J. Walt Hagood US$145 an acre for losses related to U.S. President Donald Trump’s trade policies. But Minnesota soybean farmer Betsy Jensen will get just US$35 an acre. Both farmers’ sales have taken heavy blows in Trump’s trade war with China. Neither […] Read more

Pro Farmer projects smaller U.S. corn, soy crops after excessive rains

However, if predicted yields are realized the crop will be one of the largest on record

Rochester, Minn. | Reuters – Advisory service Pro Farmer, a division of Farm Journal Media, forecast Aug. 23 that the 2019 U.S. corn harvest would drop 7.4 per cent from last year and the soybean crop would plunge 23 per cent after excessive rains stalled planting this spring. Why it matters: If Pro Farmer’s projections […] Read more

U.S. livestock: Hog futures swing wildly as trade war intensifies

Chicago | Reuters — Chicago Mercantile Exchange (CME) livestock futures swung wildly on Monday, with the most-active October lean hog futures going nearly limit-up and -down in the same trading session, amid growing tensions in the U.S.-China trade war. China’s commerce ministry said that Chinese companies have stopped buying U.S. agricultural products, and that China […] Read more

U.S. grains: Corn futures rally on weather concerns

Chicago | Reuters — Volatility roiled the commodity grain futures markets on Monday, as uncertainty in the U.S. weather forecast supported corn and the growing tensions in the U.S.-China trade war weighed on soybeans. Wheat futures ended the day up on technical buying, traders said. China’s commerce ministry said that Chinese companies have stopped buying […] Read more