Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed on Thursday, as the market recovered from a decline to its lowest prices since February. Technical buying helped support prices, while concerns about waning U.S. pork exports continue to hang over the market, analysts said. The U.S. Department of Agriculture reported 2021 export sales […] Read more
Tag Archives china — page 39
U.S. livestock: CME lean hog futures rise from February low
December live cattle close lower
U.S. grains: CBOT wheat up after mixed trade
Traders eye U.S. corn harvest results
Chicago | Reuters — Chicago Board of Trade wheat futures ended higher on Thursday after struggling for direction as traders assessed reduced harvest prospects in major exporting countries. Corn and soybean futures were little changed after topping two-week highs. Traders focused on global supply risks for wheat as Strategie Grains sharply lowered its projection for […] Read more
China applies to join Trans-Pacific trade pact
Second-biggest economy seeks to add to economic clout
Updated, Sept. 17 — Beijing | Reuters — Japan said it would have to determine if China meets the “extremely high standards” of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) after the world’s second-biggest economy formally applied to join. Commerce Minister Wang Wentao submitted China’s application to join the free trade agreement in […] Read more
U.S. livestock: Nearby hogs up in rebound off six-month low
CME cattle futures slide
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended higher in nearby contract months on Wednesday, as the market rebounded from a drop to its lowest prices in more than six months. Most-active December hogs recovered after dropping 12.5 per cent since the start of the month on concerns about slowing U.S. pork […] Read more
U.S. livestock: CME hogs hit six-month lows
Chicago cattle futures rebound
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures dropped to their lowest prices in more than six months on Tuesday, while cattle futures recovered a day after hitting June lows on concerns about a fire at a major Nebraska beef plant. The hog market extended recent losses under pressure from concerns about the […] Read more
China’s buyers expect Brazil’s beef back soon despite BSE cases
Beijing | Reuters — Chinese beef importers said Monday the suspension of exports by top supplier Brazil due to two cases of BSE has had no immediate market impact, with some still making purchases in anticipation of a quick resumption of trade. Brazil said on Saturday it had confirmed two cases of ‘atypical’ bovine spongiform […] Read more
U.S. grains: Corn, soy, wheat slide on stronger U.S. dollar, export concerns
Market awaits USDA crop forecasts ahead of corn, soy harvests
Chicago | Reuters — Chicago corn, soybean and wheat futures slipped Tuesday as a stronger dollar, export concerns and early U.S. harvest activity weighed on the complex ahead of the U.S. Agriculture Department’s monthly supply and demand report, due out Friday. Analysts anticipate USDA’s Sept. 10 outlook to increase estimates of U.S. corn and soybean […] Read more
China targets sow herd at about 43 million head until 2025
Reuters – China aims to maintain its breeding sow herd at about 43 million head during the period to 2025, the government said in early August, as it looks to put herd production on a firm footing since numbers were decimated by African swine fever. Following the onslaught of the disease first detected in China […] Read more
China’s hog slaughter recovery bodes well for feedgrains
Lenders, market analysts predict the country will be an active buyer
Glacier FarmMedia – A major farm lender in the United States forecasts another strong year of Chinese grain and oilseed demand in the new crop year, and that bodes well for prices. “Predicting with certainty whether China will purchase the same levels of U.S. soybeans, corn and sorghum over the next year as it has […] Read more
China’s hog prices to extend rebound in near future — official
China’s hog prices will continue to rebound in the short term, an official from the country’s state planner said in late July, after a decline in the number of pigs born at the start of the year. The number of hogs slaughtered in July and August is seen declining to some extent, Wan Jinsong, the […] Read more
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