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Tag Archives China

U.S. livestock: Lean hogs up as swine fever fuels export hopes
Livestock, Markets, Reuters

U.S. livestock: Lean hogs up as swine fever fuels export hopes

By Julie Ingwersen, GFM Network News May 15, 2019
Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange (CME) rose for a second day on Wednesday, supported by expectations of increased demand for U.S. pork as African swine fever spreads in China’s hog herd and elsewhere, traders said. “The African swine fever news and talk was everywhere today,” said Dennis […] Read more

CBOT December 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn ends firm, farmer selling pares gains

By GFM Network News May 15, 2019
Chicago | Reuters — U.S. corn futures hit a six-week high on Wednesday on forecasts for rains in the Midwest crop belt that could signal further planting delays, but the market pared gains as the run-up in prices triggered a round of farmer selling, traders said. Wheat futures also ended nearly flat while soybeans closed […] Read more


ICE July 2019 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola looking for more support

By GFM Network News May 15, 2019
MarketsFarm — ICE canola futures moved higher during the week ended Wednesday as a rally in the Chicago Board of Trade soy complex provided support. Whether there’s more room to the upside remains to be seen. “It looks like we’ve maybe turned a corner,” said Wayne Palmer, senior market analyst with Exceed Grain in Winnipeg. […] Read more

CBOT July 2019 corn and (in green) July 2019 soybeans. (Barchart)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Factors come together to boost prices

By GFM Network News May 15, 2019
MarketsFarm — A combination of three factors have contributed to the bounce in prices at the Chicago Board of Trade, according to Rich Feltes of R.J. O’Brien in Chicago. “It’s the convergence of the middle of May, which is a critical time and the confirmation that planting is not only delayed, but it’s in for […] Read more


(Dave Bedard photo)
Crops, Hogs, Markets, Reuters

New Trump aid plan for U.S. farmers to rely on direct payments

By GFM Network News May 15, 2019
Washington | Reuters — The Trump administration’s second package of aid for U.S. farmers hit by the trade war with China is expected to have a similar structure to last year’s program, using direct payments and commodity purchases, industry sources briefed on the plan said. The U.S. Department of Agriculture is still finalizing the plan, […] Read more

CBOT July 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soy rally as slow planting pace ignites short-covering

By GFM Network News May 14, 2019
Chicago | Reuters — U.S. corn futures climbed more than three per cent on Tuesday and soybeans bounced back from a decade low as planting delays in the Midwest crop belt sparked a round of short-covering, analysts said. Additional support stemmed from optimistic comments from Washington and Beijing that tempered concerns about a further escalation […] Read more


CME June 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hog futures bounce, cattle end lower

By GFM Network News May 14, 2019
Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange (CME) closed higher on Tuesday in a technical rebound after Monday’s limit-down close, with firm cash hog values lending support, traders said. Technical traders were encouraged that the benchmark June hog contract was able to hold above Monday’s low, a supportive chart […] Read more

CME June 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs limit down on trade war woes

By GFM Network News May 13, 2019
Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange (CME) fell the daily three-cent-per-pound limit on Monday as fears of a prolonged trade war between the U.S. and China triggered long liquidation, analysts said. China said it would impose higher tariffs on a range of U.S. goods, following Washington’s decision last […] Read more


(Dave Bedard photo)
Crops, Reuters

Trump says more farm aid coming amid China trade war

By Reuters, GFM Network News May 13, 2019
Washington | Reuters — President Donald Trump said on Monday that his administration was planning to provide about US$15 billion in aid to help U.S. farmers whose products may be targeted with tariffs by China amid a deepening trade war. “We’re going to take the highest year, the biggest purchase that China has ever made […] Read more

(USDA.gov via Flickr)
General, Markets, Reuters

U.S. plans more aid for farmers amid China trade spat

By GFM Network News May 10, 2019
Chicago/Washington | Reuters — U.S. Agriculture Secretary Sonny Perdue said on Friday that President Donald Trump had asked him to create a plan to help U.S. farmers cope with the heavy impact of the U.S.-China trade war on agriculture. A new aid program would be the second round of assistance for farmers, after the Department […] Read more


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