Chicago | Reuters — The U.S. pork industry canceled its annual convention on Wednesday over concerns that international attendees could bring in an incurable hog disease at a time when U.S. farmers are already suffering from trade wars. The decision to scrap the World Pork Expo, held by the National Pork Producers Council in Des […] Read more
Tag Archives mexico — page 14
World Pork Expo cancelled over swine fever fears
U.S. livestock: June hogs limit up on swine fever concerns
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rallied on Tuesday, with some contracts closing up their daily trading limit, as expectations for a bump in export deals to China, traders said. The gains were ignited by the announcement on Monday by China’s agriculture ministry that African swine fever has been found […] Read more
U.S. livestock: Lean hogs tumble after Trump threatens Mexico border closure
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures ended down sharply for a second straight day on Friday after a volatile session in which traders weighed thinner near-term hog supplies against risks to pork exports with Mexico. Early-session strength stemmed from a quarterly U.S. Department of Agriculture hog supply report, released after […] Read more
U.S. grains: Corn posts steepest drop in nearly three years on USDA reports
Chicago | Reuters –– U.S. corn futures tumbled more than four per cent on Friday in the market’s steepest drop in nearly three years after the U.S. Department of Agriculture (USDA) estimated U.S. stocks and projected spring plantings above nearly all trade estimates. Soybeans and wheat followed corn lower despite USDA’s lower-than-expected soy and spring […] Read more
Mexican farmers urge ‘mirror’ tariffs on Trump’s rural base
Mexico City | Reuters — Leaders of Mexico’s agricultural sector are urging “mirror measures” on U.S. farm imports in politically sensitive products such as yellow corn and poultry, in an effort they argue would counter decades of subsidized imports from the United States. The three-month-old government of President Andres Manuel Lopez Obrador is currently working […] Read more
U.S. livestock: Hog futures climb on bargain buying
Chicago | Reuters — U.S. lean hog futures climbed more than one per cent on Monday, rising on technically driven bargain buying after prices fell on Friday to a five-month low, traders and analysts said. Hogs halted a four-session streak of declines while live cattle futures edged higher to notch a 1-1/2-week high on the […] Read more
U.S. livestock: Hogs fall on technical selling, live cattle up
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures declined more than one per cent on Tuesday, giving back a portion of gains notched on Monday in a technical setback, traders said. Hogs on Monday surged from a multimonth low, boosted in part by technically oversold conditions. But the market remained anchored by abundant […] Read more
U.S. grains: Soy, wheat decline on persistent demand worries
Chicago | Reuters — U.S. soy and wheat futures fell on Monday on positioning ahead of a monthly U.S. Department of Agriculture crop supply/demand report and uncertainty about the ongoing U.S.-China trade dispute, traders said. A higher dollar added pressure, making U.S. grains less competitive on global markets. Corn followed the weak trend but found […] Read more
Walmart’s LatAm delivery app Cornershop eyes Canada
Mexico City | Reuters — Cornershop, a Latin American grocery delivery app being acquired by Walmart, plans to expand into Canada early next year as a test market for the U.S., an executive for the three-year-old mobile app said. Walmart is buying Cornershop, which offers deliveries in Mexico and Chile, for US$225 million. The deal, […] Read more
Canada not a solution for U.S. dairy price woes
Americans more concerned with securing access to Mexican market than Canada
Madison, Wisconsin – The price of milk in the United States is stuck at an unprofitable place, and U.S. farmers at the World Dairy Expo did not expect any trade deal with Canada to change that situation. Most of them had yet to look over the fine details of the new trade deal — the […] Read more
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