coronavirus Archives - Page 24 of 26

Federal Agriculture Minister Marie-Claude Bibeau speaks to media in Winnipeg on Feb. 13, 2020. (Dave Bedard photo)

Coronavirus stalls talks with China on canola ban

Officials 'not in position to pursue technical discussions,' Bibeau says

By GFM Network News February 21, 2020

Ottawa | Reuters — The coronavirus outbreak has stalled talks between Canada and China about Beijing’s decision to block Canadian canola seed shipments, Agriculture Minister Marie-Claude Bibeau said Friday. China, angry at Canada’s detention of a top Huawei Technologies executive in December 2018, blocked all imports of canola seed last March on the grounds they […] Read more

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

Crops, Markets, Reuters

U.S. grains: Soy futures fall on China demand concerns

By GFM Network News February 20, 2020

Chicago | Reuters — U.S. soybean futures drifted lower for the third time in four sessions on Thursday as demand from China remained quiet, stirring fresh concerns that purchases from the world’s top oilseed buyer will fall due to the spread of the coronavirus. Corn futures also weakened, pressured by a bearish U.S. acreage forecast, […] Read more

CBOT March 2020 wheat with Bollinger (20,2) bands. (Barchart)

Crops, Markets, Reuters

U.S. grains: Wheat rallies from near two-month low

By GFM Network News February 12, 2020

Chicago | Reuters — U.S. wheat futures rose on Wednesday, rebounding from a near two-month low with support from a broad rally in commodities and Wall Street equities tied to optimism that the coronavirus epidemic will be contained, traders said. Corn and soybean futures also advanced. Chicago Board of Trade March wheat settled up 5-1/2 […] Read more

Crops, Markets, Reuters

Bunge profit tops estimates on South American results

By GFM Network News February 12, 2020

Chicago | Reuters — Agricultural commodities trader Bunge reported a stronger-than-expected quarterly profit on Wednesday as rising crop prices boosted farmer sales in South America and swelled margins in its large agribusiness segment, sending shares up more than three per cent in pre-market trading. But uncertainty about global trade and demand for Bunge’s food and […] Read more

Hogs, Livestock, Markets

North American hog markets wracked by coronavirus

By GFM Network News February 12, 2020

MarketsFarm — Besides shutting down entire cities and killing more than 1,000 people, China’s novel coronavirus outbreak has wreaked havoc on North America’s hog futures. “It’s a dubious relationship, but it is impacting markets,” said Tyler Fulton, risk management director for Hams Marketing Services in Winnipeg. Lean hog futures moved “in concert with drops in […] Read more

A worker checks the temperature of a passenger arriving into Hong Kong International Airport with an infrared thermometer on Feb. 7, 2020. (Photo: Reuters/Hannah McKay)

Livestock, Markets, Reuters

Coronavirus disrupts China meat imports, food supplies

Swine fever has created pork shortage

By GFM Network News February 7, 2020

Chicago | Reuters — Coronavirus is disrupting meat shipments to China as the country faces a shortage due to an outbreak of a fatal pig disease, Tyson Foods Inc and U.S. agricultural groups said on Thursday. An outbreak of African swine fever, which infects only pigs, has decimated China’s herd, pushing Chinese pork prices to […] Read more

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

Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs slide on export concerns

By GFM Network News February 5, 2020

Chicago | Reuters — U.S. hog and cattle futures fell on Wednesday on worries that the coronavirus outbreak would stall U.S. exports of pork and beef into China, traders said. Wall Street equity markets soared on reports that scientists were developing a vaccine for the deadly virus. But hog and cattle futures on the Chicago […] Read more

ICE Futures March 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola correcting off lows

By Phil Franz-Warkentin, GFM Network News February 5, 2020

MarketsFarm — The ICE Futures canola market fell sharply over the last half of January but have turned the corner during the first few trading days of February. “I think we have room for some corrective gains,” MarketsFarm Pro analyst Mike Jubinville said of the recovery in canola. The March contract hit a session low […] Read more

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

Crops, Markets, Reuters

U.S. grains: Soybeans rise for third session

By GFM Network News February 5, 2020

Chicago | Reuters — U.S. soybean futures rose modestly on Wednesday as strength from global equity markets and soyoil futures offset worries about export demand for U.S. oilseeds, traders said. Wheat futures firmed on technical buying. But corn drifted lower in rangebound trade as uncertainty about demand hung over the market. Chicago Board of Trade […] Read more

(Ablokhin/iStock Editorial/Getty Images)

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soybeans under pressure

By GFM Network News February 5, 2020

MarketsFarm — Market participants on the Chicago Board of Trade (CBOT) are waiting to see how China’s novel coronavirus outbreak will impact commodity demand and the global economy. As of Wednesday, confirmed cases neared 25,000 and the death toll was close to 500. In the midst of dealing with the mounting public health crisis, China […] 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

Coronavirus stalls talks with China on canola ban

U.S. grains: Soy futures fall on China demand concerns

U.S. grains: Wheat rallies from near two-month low

Bunge profit tops estimates on South American results

North American hog markets wracked by coronavirus

Coronavirus disrupts China meat imports, food supplies

U.S. livestock: Cattle, hogs slide on export concerns

ICE weekly outlook: Canola correcting off lows

U.S. grains: Soybeans rise for third session

CBOT weekly outlook: Corn, soybeans under pressure

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