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USDA’s main home page on Jan. 11, 2019. (GFM Staff photo)
Crops, Markets, Reuters

USDA extends deadline for aid after shutdown

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Washington | Reuters — U.S. farmers now have until Feb. 14 to apply for federal aid designed to offset the impact of retaliatory Chinese tariffs on American crops, the U.S. Department of Agriculture said on Monday, after delays caused by the month-long government shutdown. The previous deadline for the aid program, officially known as the […] Read more
CBOT March 2019 corn with 50-day moving average. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soy, wheat end lower

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Chicago | Reuters — U.S. corn and soybean futures ticked lower on Monday, pressured by broad declines in commodity and equity markets as well as improving forecasts for South American crop weather, traders said. Wheat followed the weaker trend. Chicago Board of Trade (CBOT) March corn futures settled down 1/2 cent at $3.79-3/4 per bushel […] Read more
CBOT March 2019 soybeans with 20-day moving average. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans hit two-week high

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Chicago | Reuters — U.S. soybean futures climbed to a two-week high on Friday on worries about the size of Brazil’s crop and short-covering ahead of planned U.S.-China trade talks next week, traders said. Corn firmed, following strength in soybeans, while wheat drifted lower, pressured by news that a private forecaster had raised its estimate […] Read more
U.S. livestock: CME hogs weaken on technical selling, demand uncertainty
Livestock, Markets, Reuters

U.S. livestock: CME hogs weaken on technical selling, demand uncertainty

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Chicago | Reuters — Chicago Mercantile Exchange hog futures eased on Thursday on a round of technical follow-through selling after declining on Wednesday, traders said. Weakness in the cash market, as well as uncertainty about demand from China, also weighed on the hog market. CME February lean hogs closed Thursday at 59.825 cents/lb., down from […] Read more
(File photo)
Barley, Crops, Markets, Winter Wheat

Feed weekly outlook: Tight supplies, good demand support barley

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Solid demand, both domestically and internationally, coupled with tightening world supplies is keeping barley bids well supported in Western Canada and should lead to increased acres this spring. “The price of feed barley is staying historically high,” said Brian Otto, chair of the Barley Council of Canada, noting feed barley at Lethbridge was currently trading […] Read more
CBOT March 2019 wheat with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat retreats from five-week high

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Chicago | Reuters — U.S. wheat and corn futures closed lower on profit-taking and a lack of market-moving news on Thursday while soybeans firmed, buoyed by concerns about the size of Brazil’s crop. Chicago Board of Trade (CBOT) March wheat settled down 4-1/2 cents at $5.21-1/2 per bushel (all figures US$). CBOT March corn ended […] Read more
U.S. livestock: CME cattle futures rise on bargain buying
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures rise on bargain buying

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Wednesday, led higher by a bargain buying bounce in the feeder cattle contracts. The feeder cattle market, which jumped 1.4 per cent on Wednesday, was sharply oversold after the front-month contract hit its lowest since May 24 on Tuesday, traders said. “The feeder market […] Read more

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