Chicago | Reuters — Chicago Board of Trade soybean futures fell for a fifth straight session on Monday as forecasts for rains across Brazil’s key producing region Mato Grosso eased […] Read more
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Markets/Business
U.S. grains: Soybeans fall on improved Brazil weather forecasts
U.S. livestock: Strong beef prices lift CME live cattle again
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures notched gains for a fifth consecutive session on Thursday, fuelled by the recent rise in wholesale beef prices in anticipation […] Read more
Saudi’s SALIC looking for land in Sudan for fodder
Dubai | Reuters — Saudi Agriculture and Livestock Co. (SALIC), an arm of the state-owned Public Investment Fund, is looking to buy land in Sudan to grow fodder, chief executive […] Read more
U.S. grains: Rain in Brazil’s forecasts dampens soy futures
Chicago | Reuters — U.S. soybean futures touched a one-week low on Thursday as expectations for beneficial rains in top exporter Brazil overshadowed stronger-than-expected U.S. export sales. Concerns about large […] Read more
U.S. livestock: CME live cattle rally for fourth straight session
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed for a fourth consecutive session on Wednesday, with December up the three-cent/lb. price limit, as the southern Plains braces […] Read more
Low acres, high prices expected to continue for mustard
CNS Canada –– Canadian mustard production will likely see an upward bump in 2016, according to one buyer, but seeded acres won’t increase exponentially, despite strong prices. “It’s not going […] Read more
ICE weekly outlook: Canola still rangebound on charts
CNS Canada — ICE Futures Canada canola contracts broke above major resistance levels this week, hitting levels not seen since August. However, as they say, what comes up must come […] Read more
India to launch new crop insurance scheme
New Delhi | Reuters — India will launch a new farm crop insurance scheme early next year and use drones and other technologies to assess crop damage, the agriculture minister […] Read more
U.S. hog herd slowly expands as farmer profit shrinks
Reuters — The U.S. hog herd grew slightly in the September-November quarter versus a year ago, a U.S. Department of Agriculture report showed on Wednesday, amid increased supplies as the […] Read more
U.S. grains: Wheat drops to three-week low on supplies
Chicago | Reuters –– U.S. wheat futures closed at their lowest level in three weeks on Wednesday as grain markets came under renewed pressure from large global supplies and lackluster […] Read more