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Crops, Markets

U.S. grains: Soybeans set one-month low on trade doubts

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures dropped to a one-month low on Thursday as doubts over the chances for the U.S. and China to reach a trade deal soon hung over the market. Corn futures inched up, while wheat slumped. Price movements were limited by uncertainty over progress in talks between Washington and Beijing […] Read more
Livestock, Markets

U.S. livestock: Hogs reach two-month low

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures fell to a two-month low on Thursday on large supplies and uncertainty over negotiations to boost trade with China, the world’s top pork consumer. Traders and meat producers are hoping for further U.S. pork sales to China, which is grappling with a fatal pig disease that has […] Read more
Livestock, Markets

U.S. livestock: Hogs drop on large supply, trade war jitters

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Reading Time: 2 minutes Chicago | Reuters –– U.S. livestock futures dropped on Wednesday, with lean hogs stumbling under pressure from large supplies in a turnaround from a rally a session earlier. Fresh uncertainty over U.S.-China trade relations added pressure to the hog market, analysts said. Traders and meat producers are hoping for further U.S. pork sales to China, […] Read more
Crops, Markets

U.S. grains: Soybeans sag on diminishing hopes for China deal

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures slipped on Wednesday on diminishing hopes for a deal to ease the trade war with China that has slowed exports of U.S. agricultural products. The market turned lower after a report that trade negotiations “hit a snag” over farm purchases. U.S. President Donald Trump on Tuesday dangled the […] Read more
Crops, Markets

U.S. grains: Wheat futures rally as U.S. cold snap threatens crops

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Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures jumped on Tuesday as traders worried a cold snap would hurt recently planted crops. Temperatures dropped near zero Fahrenheit (-18 Celsius) in wheat-growing areas of the U.S. Plains, including in western Kansas, according to a daily weather report from the U.S. Department of Agriculture. A separate weekly USDA report, […] Read more
Livestock, Markets

U.S. livestock: Live cattle futures firm on strong cash market, rising beef prices

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Reading Time: 2 minutes Chicago | Reuters – U.S. live cattle futures firmed on Friday, supported by strong cash feedlot cattle and beef prices and robust packer profit margins. The market posted a modest decline for the week after eight straight weeks of gains, but prices remain near six-month peaks reached after the two-month rally took futures up by […] Read more
Crops, Markets

U.S. grains: Corn edges up after USDA trims U.S. harvest outlook, soybeans drop

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Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures firmed on Friday after the U.S. Department of Agriculture lowered its U.S. yield and harvest forecasts in a monthly crop report, though gains were kept in check by worries about weak demand. Soybeans fell as the USDA left its U.S. crop yield and harvest outlooks unchanged despite poor weather this […] Read more
Livestock, Markets

U.S. livestock: Hog futures rise on hopes for Chinese pork import tariff rollback

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Reading Time: 2 minutes Chicago | Reuters – U.S. lean hog futures closed mostly higher on Thursday on renewed hopes for accelerated U.S. pork sales to China after officials from both countries said an interim trade deal could include a phased rollback of tariffs. The hog market has been highly sensitive to any signs of easing trade tensions between […] Read more
Crops, Markets

U.S. grains: Soy rallies on strong exports, fresh U.S.-China trade deal optimism

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Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures rebounded from two sessions of declines on Thursday on stronger-than-expected export sales and renewed optimism about an interim U.S.-China trade deal after government officials said it could include a phased rollback of tariffs. Corn futures slumped for a sixth straight session on weak export demand and investor positioning […] Read more

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