coronavirus Archives - Page 21 of 26

USDA’s supply and demand report largely stands pat

By GFM Network News March 11, 2020

MarketsFarm — Any changes in the latest monthly supply and demand report from the U.S. Department of Agriculture (USDA) on Tuesday were few and far in between when it came to corn, wheat and soybeans; what the markets largely expected. However, there were some small revisions to the department’s global projections. That meant USDA’s March […] Read more

CME April 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs follow rebound on Wall Street

By GFM Network News March 11, 2020

Chicago | Reuters — U.S. live cattle futures closed higher on Tuesday, following as Wall Street charged back from the prior day’s steep losses as the world’s biggest economies moved to cushion the impact of the coronavirus, traders said. The rally in global equity markets overshadowed bearish fundamentals in the cattle market, including declining cash […] Read more

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

Crops, Markets, Reuters

U.S. grains: Soy, corn follow broad market rebound

Investors keep eye on stimulus proposals

By GFM Network News March 10, 2020

Chicago | Reuters — U.S. soybean and corn futures each rose for the first time in four sessions on Tuesday as expectations of policy action to curb economic fallout from the coronavirus outbreak helped financial markets regain ground after a day-earlier drubbing. Wheat futures also closed higher in technical moves after a choppy session, although […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Extreme variability characterizes feeder market

By Jerry Klassen, GFM Network News March 10, 2020

Western Canadian feeder cattle prices were extremely variable over the past week which made the market hard to define. Compared to last week, yearling prices were quoted $2 to as much $6 lower while calves traded $2 lower as much as $5 higher. While some auction crowds were caught up with the negative news coverage, […] Read more

CME April 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Cattle futures dive, led by energy, equity markets

CME feeder cattle close limit down

By GFM Network News March 9, 2020

Chicago | Reuters — U.S. live cattle futures fell on Monday for a third straight session and hit life-of-contract lows following a plunge in crude oil and equity markets amid fears of a global recession, traders said. “When you have the stock market losing five to seven per cent of its value in a day, […] Read more

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

Crops, Markets, Reuters

U.S. grains: Soy, corn follow as global markets slump

Wheat turns higher

By GFM Network News March 9, 2020

Chicago | Reuters — U.S. soybean futures fell more than two per cent on Monday and corn fell nearly one per cent as concern over the economic fallout from the coronavirus and a crash in crude oil prices pushed equities and other commodities sharply lower. Wheat futures on the Chicago Board of Trade turned higher, […] Read more

Crops, Reuters

Ethanol makers see demand surge on hand sanitizer stockpiling

By GFM Network News March 9, 2020

Reuters — Some ethanol producers worldwide said demand is up for their products due to customers stockpiling hand sanitizer — which can be made using the biofuel — as the coronavirus outbreak worsens. The COVID-19 coronavirus has infected more than 110,000 people in 105 countries and territories and 3,800 have died, according to a Reuters […] Read more

General, Machinery, Markets

Diesel prices expected to trend lower

By GFM Network News March 7, 2020

MarketsFarm — Canadian producers may enjoy a lower diesel bill during spring seeding, as reductions in demand have weighed on diesel prices across North America. Patrick DeHaan, head of petroleum analysis for GasBuddy, said retail diesel prices are down by about 10 to 15 cents per litre since the beginning of the year. The drop […] Read more

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

Crops, Markets, Reuters

U.S. grains: Corn, soy, wheat slide with financial markets

Drop in oil prices adds pressure on corn

By GFM Network News March 6, 2020

Chicago | Reuters — U.S. grain and soybean futures fell on Friday as the spread of the new coronavirus triggered broad selling in commodities and equities. Wall Street tumbled as fears of economic damage intensified with the global tally of cases crossing 100,000. Financial markets view the virus, which causes a flu-like illness, as the […] Read more

Livestock, Markets, Reuters

U.S. livestock: CME live cattle set contract lows

Fears persist that coronavirus will hurt beef demand

By GFM Network News March 6, 2020

Chicago | Reuters — U.S. cattle futures sank to contract lows on Friday, extending a decline fueled by fears that the global coronavirus outbreak will slow economic growth and reduce demand for beef. Losses in the market have accelerated as the virus has spread, with the most-active April live cattle futures contract down 17 per […] Read more

U.S. livestock: Cattle futures higher on screwworm news

Trade mission heads for Japan as Canada becomes the country’s top pork supplier

U.S. grains: Soybeans drop on lack of Chinese demand, wheat hits contract lows

GFM Network News

U.S. livestock: Cattle futures higher on screwworm news

Trade mission heads for Japan as Canada becomes the country’s top pork supplier

U.S. grains: Soybeans drop on lack of Chinese demand, wheat hits contract lows

Tag Archives coronavirus

USDA’s supply and demand report largely stands pat

U.S. livestock: Cattle, hogs follow rebound on Wall Street

U.S. grains: Soy, corn follow broad market rebound

Klassen: Extreme variability characterizes feeder market

U.S. livestock: Cattle futures dive, led by energy, equity markets

U.S. grains: Soy, corn follow as global markets slump

Ethanol makers see demand surge on hand sanitizer stockpiling

Diesel prices expected to trend lower

U.S. grains: Corn, soy, wheat slide with financial markets

U.S. livestock: CME live cattle set contract lows

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