Trump Archives - Page 10 of 34

CME August 2019 live cattle with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

U.S. livestock: Hog, cattle futures fall after Trump opens new front in trade war

By GFM Network News May 31, 2019

Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures fell on Friday, pressured by fears that Mexico, a key importer of both U.S. beef and pork, will retaliate against President Donald Trump’s proposal to impose tariffs on imports from Mexico. The fresh trade concerns, coming at a time when U.S. supplies of both […] Read more

The Big River Resources ethanol plant at West Burlington, Iowa, about 120 km southwest of Davenport. (Steven Vaughn photo courtesy ARS/USDA)

Corn, Crops, Reuters, Weather

Trump lifts curbs on E15 gasoline

By GFM Network News May 31, 2019

Washington | Reuters — The Trump administration on Friday lifted restrictions on the sale of higher ethanol blends of gasoline, keeping a campaign promise to farmers suffering from the trade war with China but inviting a legal challenge from the oil industry. The announcement allows gasoline stations to sell blends containing up to 15 per […] Read more

Crops, Markets, Reuters

USDA announces more farm aid to offset trade war losses

By GFM Network News May 23, 2019

Washington | Reuters –– The Trump administration on Thursday unveiled a US$16 billion farm aid package to offset losses from a 10-month trade war with China and said payment rates to farmers would be determined by where they farm rather than what crops they grow. The package, the bulk of which will be spent on […] Read more

Crops, Markets, Reuters, Soybeans

U.S. to favour soybeans in trade war aid for farmers

By GFM Network News May 21, 2019

Washington/Chicago | Reuters — The Trump administration is considering direct payments to U.S. farmers of $2 per bushel for soybeans as part of an aid package to offset the trade war with China, Bloomberg reported on Tuesday, an offer that could encourage more soy planting despite record supplies. China is the world’s top soybean importer, […] Read more

Ken Christopher looks at cloves of garlic on a conveyer belt on March 29, 2019 at Christopher Ranch at Gilroy, California, about 40 km southeast of San Jose. (Photo: Reuters/Lucy Nicholson)

Crops, Reuters

U.S. garlic growers profit from trade war as most farmers struggle

By GFM Network News May 21, 2019

Gilroy, California | Reuters — Unlike millions of other U.S. farmers, garlic growers are profiting from the trade war with China and have cheered President Donald Trump’s latest economic attack accordingly. Sales of California-grown garlic are now increasing after decades of losing ground to cheaper Chinese imports. Sales are poised to get even better as […] Read more

Hogs, Livestock, Markets, Reuters

China cancels U.S. pork import order as trade war drags on

By GFM Network News May 16, 2019

Chicago | Reuters — The same week U.S. President Donald Trump announced sweeping increases on tariffs against Chinese goods, Chinese buyers dropped orders for 3,247 tonnes of U.S. pork — the biggest cancellation in more than a year, according to U.S. Department of Agriculture data released on Thursday. The cancellation came during the week ended […] Read more

CBOT July 2019 corn and (in green) July 2019 soybeans. (Barchart)

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Factors come together to boost prices

By GFM Network News May 15, 2019

MarketsFarm — A combination of three factors have contributed to the bounce in prices at the Chicago Board of Trade, according to Rich Feltes of R.J. O’Brien in Chicago. “It’s the convergence of the middle of May, which is a critical time and the confirmation that planting is not only delayed, but it’s in for […] Read more

Crops, Hogs, Markets, Reuters

New Trump aid plan for U.S. farmers to rely on direct payments

By GFM Network News May 15, 2019

Washington | Reuters — The Trump administration’s second package of aid for U.S. farmers hit by the trade war with China is expected to have a similar structure to last year’s program, using direct payments and commodity purchases, industry sources briefed on the plan said. The U.S. Department of Agriculture is still finalizing the plan, […] Read more

CBOT July 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn, soy rally as slow planting pace ignites short-covering

By GFM Network News May 14, 2019

Chicago | Reuters — U.S. corn futures climbed more than three per cent on Tuesday and soybeans bounced back from a decade low as planting delays in the Midwest crop belt sparked a round of short-covering, analysts said. Additional support stemmed from optimistic comments from Washington and Beijing that tempered concerns about a further escalation […] Read more

CME June 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Lean hog futures bounce, cattle end lower

By GFM Network News May 14, 2019

Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange (CME) closed higher on Tuesday in a technical rebound after Monday’s limit-down close, with firm cash hog values lending support, traders said. Technical traders were encouraged that the benchmark June hog contract was able to hold above Monday’s low, a supportive chart […] Read more

CFIA rejects beekeeper proposals on U.S. packaged bees

U.S. livestock: Cattle futures fall hard, hogs mixed

Alberta Crop Report: Scattered rains, crop conditions

GFM Network News