Chicago Mercantile Exchange live and feeder cattle futures rallied to fresh contract highs on Wednesday, as tight supplies and strong cash market prices continued to send future contracts surging, market analysts said.
U.S. livestock: CME cattle futures hit new contract highs as supplies tighten
U.S. grains: Wheat futures dip; corn falls for third straight session
Chicago Board of Trade wheat futures fell on Wednesday amid signs of profit-taking and reports of ample global supplies, which are outweighing concerns over smaller Russian crop estimates, market analysts said.
U.S. Republicans continue push to override California animal welfare law
Proposition 12 has potential to affect Canadian hog farmers who frequently sell into the U.S. market
U.S. Republicans are continuing years-long effort to override a California's Proposition 12, which bans the sale of pork from pigs kept in tightly confined spaces, arguing in a House Agriculture Committee hearing that the law is overly burdensome to farmers.
U.S. grains: Corn, soybeans extend losses as Midwest weather looks crop-friendly
Chicago Board of Trade corn futures extended session losses on Tuesday, weighed down by forecasts for crop-friendly rain in U.S. grain belts this week.
U.S. livestock: Feeder cattle hit fresh peaks on shrinking supplies, strong cash prices
Chicago Mercantile Exchange cattle futures continued to rally on Tuesday, with feeder contracts setting new all-time highs, as U.S. cash prices remained firm and domestic supplies of replacement animals continued to shrink, market analysts said.
France’s wheat harvest rises 30 per cent but falls short of past average levels, Argus says
This year’s soft wheat crop in France, the European Union’s biggest producer, is expected to rise to 33.40 million metric tons, up 30 per cent from a rain-hit harvest last year, Argus Media said on Tuesday.
In South Korea’s ‘apple county’, farmers beg not to be sacrificed for US trade deal
South Korean apple farmers, who account for about a third of the roughly 14,000 households in the sleepy rural area of Cheongsong county, worry that their way of life could be under threat from an influx of cheap U.S. imports.
U.S. grains: Corn, soybeans fall as rain expected to help U.S. crops
Chicago corn and soybean futures fell on Monday on forecasts for crop-friendly rain in U.S. grain belts this week.
Russia’s new-crop grain hits market as top producers report first harvest data
The first grain from Russia's new crop has arrived on the market, traders and analysts said on Monday, as top producing regions reported early harvesting results, with an expected drop in the Rostov region and a good harvest in Stavropol.
U.S. grains: Soybean futures set two-week high on US weather worry, soyoil rally
Chicago Board of Trade soybean futures touched a two-week high on Friday on worries that heat may threaten U.S. crops and expectations that the country's biofuel policy would boost demand for soyoil, analysts said.
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