China Archives - Page 53 of 182

CBOT November 2020 soybeans with 20-, 100- and 200-day moving averages. (Barchart)

U.S. grains: Soybeans up on Chinese buying, Brazil weather

Chicago corn, wheat end higher after mixed day

By GFM Network News October 14, 2020

Chicago | Reuters — Chicago soybean futures climbed on Wednesday, supported by renewed exports and dryness in top exporter Brazil, traders said. Corn and wheat futures ended higher after trading both sides of even as markets digested conflicting indicators. The most active soybean contract on the Chicago Board of Trade gained 12-1/4 cents to $10.56-1/4 […] Read more

CBOT November 2020 soybeans with Bollinger (20,2) bands. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans rebound from prior day’s plunge

Wheat flat as stronger dollar offsets dryness concerns; corn up on exports to Mexico

By GFM Network News October 14, 2020

Chicago | Reuters — Chicago soybean futures rose on Tuesday, a day after the market’s largest drop in six months slowed a rash of farmer selling, traders said. Chicago wheat futures rose slightly but were capped by a strong U.S. dollar, while CBOT corn gained on fresh export sales to Mexico. CBOT November soybeans closed […] Read more

CME December 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Domestic demand boosts hog futures

Feed grain prices drag on feeder cattle

By GFM Network News October 9, 2020

Chicago | Reuters — U.S. hog futures leapt to their highest price since May 2019 on Friday on strong domestic demand for pork, while feeder cattle futures tumbled to a three-month low. Gains in the swine market extend a rally driven by rising cash prices for hogs and demand from consumers. “Domestic demand has been […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Demand from China lifts prices

By GFM Network News October 9, 2020

MarketsFarm — Prices for feed barley and wheat have shot up over the last month, including a 76 cent per bushel jump for barley in Alberta, according to Prairie Ag Hotwire. In Saskatchewan, barley prices climbed 41 cents per bushel, while in Manitoba the rise has been much more subdued at nine cents. At present […] Read more

CME October 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Hog futures up on pork demand, cash prices

November feeder cattle touch lowest level since July 2

By GFM Network News October 7, 2020

Chicago | Reuters –– U.S. hog futures extended gains on Wednesday and the front-month contract reached its highest price in about a year due to strength in the cash market, traders said. Solid pork demand has underpinned cash prices in the face of large hog supplies. The U.S. pork cutout, an indication of wholesale pork […] Read more

Crops, Markets, Reuters, Weather

U.S. grains: Wheat, soy futures hit multi-year highs

Dry weather in U.S., Russia, Argentina supports wheat prices; soybeans, corn rise as Brazil also dry for planting

By GFM Network News October 7, 2020

Chicago | Reuters — U.S. wheat and soybean futures soared to multi-year highs on Wednesday as unfavourable weather threatened production in exporting countries. Dryness has raised concerns among traders about the prospects for wheat planting in the U.S. Plains and the Black Sea region and for soybean planting in Brazil. Weather in the southern U.S. […] Read more

CBOT December 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Dry weather pushes CBOT wheat, soy to multi-year peaks

Chicago corn also rallies

By GFM Network News October 6, 2020

Chicago | Reuters — U.S. wheat and soybean futures jumped to multi-year highs on Tuesday, supported by concerns about dry weather in key production areas, traders said. Corn futures hit their highest level in 8-1/2 months, joining in the rally as the U.S. harvest pace fell below expectations despite ideal weather for field work. But […] Read more

(Gloria Solano-Aguilar photo courtesy ARS/USDA)

Hogs, Livestock, Markets

Strong demand, lower supplies support North American hog prices

By GFM Network News October 6, 2020

MarketsFarm — Hog prices in North America typically come under pressure heading into fall, as the end of barbecue season coincides with more hogs coming to slaughter. However, strong global demand has propped up hog prices in recent weeks, with cash prices increasing by over 25 per cent. Fewer hogs coming to market, coupled with […] Read more

Canadian ginseng, whose shipments to Hong Kong have plummeted since COVID-19 infections peaked in Canada this spring and travel restrictions took effect, is seen in southwestern Ontario’s Norfolk County in this undated photograph. (Handout photo courtesy Helen Mels via Reuters)

Crops, Reuters

Ginseng piling up in Canada despite Chinese demand

Travel restrictions depress new-crop sales

By Rod Nickel, GFM Network News September 30, 2020

Winnipeg/Hong Kong | Reuters — The pandemic’s crushing effect on international travel has grounded Canadian exports of ginseng, a root widely used in Asia to treat everything from the common cold to impotency, at a time when health is top of consumers’ minds. Canada is the world’s second-largest ginseng exporter after China, with most of […] Read more

CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn, soy, wheat futures surge on lower-than-expected stocks

By GFM Network News September 30, 2020

Chicago | Reuters — Chicago Board of Trade grain and soybean futures soared on Wednesday after the U.S. Department of Agriculture surprised traders by reporting crop inventories that were smaller than expected. Supply levels have declined after China, the world’s top soybean importer, stepped up its purchases of U.S. farm goods this summer. Corn supplies […] Read more

Klassen: Feeder market remains volatile

Under Trump, U.S. cedes its share of China’s beef market to Australia

U.S. livestock: Hog futures hit contract highs on shock herd decline

GFM Network News