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

U.S. livestock: Cattle futures hit four-month top

Lean hogs up on export news

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) rose on Thursday to four-month highs as steady to firmer cash cattle prices signaled that meat packers may have largely worked through a backlog of market-ready cattle that built up this spring, traders said. CME August live cattle futures settled up 1.975 […] Read more

(Zevei-Wenhui/iStock/Getty Images)

U.S. senators question packers over exports to China during pandemic

USDA shows record pork exports to China in April, raising questions about rising U.S. meat prices

Chicago | Reuters — Two prominent U.S. Senate Democrats are pressing America’s top meatpackers to disclose by month’s end how much pork, beef and chicken they shipped to China during the coronavirus outbreak while warning of possible meat shortages at home. The request from Senators Elizabeth Warren and Cory Booker increases scrutiny of companies such […] Read more


CBOT July 2020 soybeans with 20- and 50-day moving averages. (Barchart)

U.S. grains: Soybeans climb as China trade talks progress

July wheat down over four per cent on week

Chicago | Reuters — Chicago soybean futures gained on Friday as U.S. trade talks with China continued, invigorating hopes the top soybean importer would reach earlier export estimates. Wheat fell as the U.S. winter wheat harvest progressed, while corn inched higher on technical positioning. The most active soybean futures on the Chicago Board of Trade […] Read more



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

U.S. grains: Wheat slips on bumper harvest, soy up on exports

Corn inches up on technical trading, weather questions

Chicago | Reuters — Chicago wheat futures slid again on Thursday, dropping to their lowest in more than eight months amid a bumper U.S. harvest and well-timed European rains. Soybeans and corn edged higher, on technical trading and signs weather may not be so crop-friendly across the U.S. Corn Belt in coming days. The most-active […] Read more

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

U.S. livestock: Hog futures still face headwinds over demand questions

Cattle futures mixed on USDA report expectations

Chicago | Reuters — U.S. lean hog futures traded choppy on Wednesday, amid ongoing pressure from large domestic supplies and rebounding pork production, analysts said. Meanwhile, concerns over a potential slowdown in U.S. pork exports kept markets jittery for a second session, traders said. China’s meat importers fear clearing delays and a hit to demand […] Read more


India’s Prime Minister Narendra Modi speaks to media on the Parliament premises in New Delhi in this Nov. 18, 2019 file photo. (Photo: Reuters/Altaf Hussain)

India’s levy cut on lentils part of balancing act

Global markets had zero or little forewarning of decision

MarketsFarm — To Pulse Canada, the recent move by the Indian government to temporarily reduce the import levy on lentils from 30 to 10 per cent is part of a balancing act between competing interests. Greg Cherewyk, president of Pulse Canada, explained that Prime Minister Narendra Modi is “looking after the needs of a politically […] Read more

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

U.S. grains: Wheat declines as USDA estimates record global stocks

Corn gains on ethanol estimates; soybean traders eye Chinese demand

Chicago | Reuters — Chicago wheat futures slid on Thursday after the U.S. Department of Agriculture estimated global stocks were at a record high in its monthly supply and demand report, traders said. Soybean futures ended nearly unchanged as the USDA lowered export expectations, even after recent purchases from China supported prices. Corn advanced as […] Read more


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

U.S. grains: Soybeans fall in technical correction

Corn strengthens on ethanol revival; wheat slips as harvest mounts

Chicago | Reuters — Chicago soybean futures closed lower on Monday on technical selling, after reaching a two-month high, following a week of strong export sales. Corn gained as higher oil prices boosted hopes for ethanol demand and concerns loomed over mounting dryness in parts of the Midwest. Wheat slipped as harvests in Texas and […] Read more

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

U.S. grains: Wheat soars as export outlook brightens

CBOT soybeans near two-month top

Chicago | Reuters — U.S. soybean futures hit their highest levels in nearly two months on Thursday and wheat futures rose more than two per cent as a weaker dollar bolstered export prospects for U.S. grains and oilseeds, analysts said. Corn futures followed the firm trend. Chicago Board of Trade July soybeans settled up 10-1/4 […] Read more