Chicago Board of Trade soybean futures hit their highest level in more than a week on Thursday as technical buying helped the market recover from a three-month low reached on Monday, analysts said.
Live and feeder cattle futures on the Chicago Mercantile Exchange showed small losses on Thursday, while lean hog futures made gains in consecutive sessions. The August live cattle contract declined 22.5 U.S. cents per hundredweight to end the day at US$223.675. Meanwhile, October live cattle dropped 42.5 U.S. cents/cwt to close at US$220.325. August and[...]
The International Grains Council on Thursday maintained its forecast for 2025/26 global corn production with a slightly improved outlook for crops in the United States offset by downward revisions for Hungary and Romania.
Leaders of the North American pork sector reaffirmed their commitment to producing nutritious, sustainable and affordable pork at a recent trilateral meeting held in Niagara on the Lake, Ont.
Live cattle futures hit new contract highs on Wednesday while cattle futures came close and lean hog futures continued to recover from recent lows. The August live cattle contract gained US$1.500 per hundredweight to finish the day at US$223.900, 50 cents below the new contract high reached earlier on Wednesday. The October contract rose US$1.475/cwt[...]
Grain prices at the Chicago Board of Trade were on the weaker side for the week ended July 16 due to last week's USDA report and ongoing trade tensions.
Canberra is close to an agreement with Beijing that would allow Australian suppliers to ship five trial canola cargoes to China, sources familiar with the matter said, a move towards ending a years-long freeze in the trade.
Live and feeder cattle futures on the Chicago Mercantile Exchange on Tuesday recovered their losses from Monday. However, lean hog prices were mixed. August live cattle gained US$3.050 per hundredweight to close at US$222.400/cwt. Tuesday’s high of US$222.750 was the contract’s second-highest daily high ever behind US$223.275 on Friday. The October live cattle contract added[...]
Brazilian meatpackers are weighing whether to make new shipments of beef products to the United States after President Donald Trump announced a 50 per cent tariff on Brazil last week, Roberto Perosa, president of Brazilian beef lobby ABIEC, said.
Canada's annual inflation rate rose to 1.9 per cent in June, meeting analysts' expectations, as increases in the price of automobiles, clothing and footwear pushed the index higher, data showed on Tuesday.