Markets
Chicago cattle and hog futures made modest gains on Friday after the USDA released its first World Agricultural Supply and Demand Estimates (WASDE) since the the U.S. government shut down on October 1. Most-active February live cattle futures rose by 0.575 cents to close at 219.525 cents a pound. December contracts settled at 219.150 cents […] Read more
Markets
U.S. export sales include only small soybean business to China
The United States sold at least 332,000 tonnes of soybeans to China during the government shutdown, with more business to “unknown destinations” also likely headed to the country, according to a cache of daily sales data released by the U.S. Department of Agriculture on Nov. 14.
U.S. wheat growers air trade grievances
Wheat groups in the United States want Canada to address trade irritants associated with Canada’s variety registration system and railway revenue cap.
U.S. corn and soybean yields revised down by USDA
Soybean and corn yields in the United States were revised downward from earlier estimates in updated supply/demand tables from the United States Department of Agriculture released Nov. 14.
JBS profit falls amid still-challenging US market environment
JBS, the world’s largest meat company, reported a net profit fall in the third quarter in spite of a rise in global net sales amid a still-challenging beef market environment in the U.S., according to an earnings statement on Thursday.
U.S. grains: Soy hits 17-month high, corn to four-month top as trade braces for U.S. data
Chicago Board of Trade soybean futures rose on Thursday to their highest in nearly 17 months as traders awaited a U.S. government crop report that was expected to lower yield estimates, while also bracing for the resumption of export data to give clues on Chinese buying.
Chinese, Indian tariffs take toll on pea prices
The disruption of pea exports from Canada’s largest customers will likely result in slow pea exports for the remainder of the crop year.
U.S. agricultural trade slipping: report
The U.S.’s global trade advantage is eroding and the deficit is expected to grow, says a University of Illinois study
The U.S.’s global trade advantage on agriculture products is eroding and the deficit is expected to grow, says a University of Illinois study
Are the bears finally losing their market grip?
They have had their claws in the crop markets for the better part of 3 1/2 years, but we are now seeing signs of a shift
Keeping tabs on market trends is important, but accurately gauging when trends begin to turn is a bankable skill.
South American soybeans will have less impact on canola
South American production will, as usual, affect the global oilseed market, but Canadian canola is on the outside looking in until it can get China back or find alternative buyers.
