Winnipeg/Chicago | Reuters — North American farmers will pressure regulators to protect their negotiating leverage with fertilizer suppliers if PotashCorp and Agrium agree to merge, major farm groups said on Wednesday. The potential deal revealed on Tuesday would combine the world’s largest fertilizer producer by capacity, with the continent’s biggest network of farm retail dealers,
PotashCorp, Agrium merger would send farmers to regulators
U.S. livestock: Hogs slump in reversal on pork price declines
Chicago | Reuters — U.S. lean hog futures declined by as much as 3.8 per cent on Tuesday, reversing from earlier three-week highs on fund selling linked to declines in wholesale pork prices, traders said. Chicago Mercantile Exchange cattle futures also eased but saw smaller declines than hog prices as some investors unwound long hog
U.S. livestock: Hogs jump in technical rebound
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures were mostly higher on Friday, rebounding from earlier losses on technical buying and short-covering following the midday expiration of the August contract, traders and analysts said. Gains in hog futures came after prices neared last week’s roughly four-month lows, and hogs could still face more
U.S. livestock: Lean hogs in reversal as pork extends losses
Chicago | Reuters — U.S. lean hog futures fell sharply on Thursday, reversing from earlier steep gains on pressure from declining pork prices and ample hog supplies, traders and analysts said. The price action suggested that hog futures would likely test their life-of-contract lows reached on Aug. 4 when trading resumes on Friday, analysts said.
U.S. livestock: Hogs jump on technical rebound
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained as much as two per cent on Wednesday, reversing from earlier losses on strength from technical buying and a rebound in wholesale pork prices, traders said. Hog futures tested life-of-contract lows reached last week but did surpass those lows, sparking short-covering. The opposite was
U.S. livestock: Cattle rise on cash gains
Chicago | Reuters — U.S. live cattle futures jumped about one per cent on Friday, capping their best weekly performance since February as investors added to long bets following higher trades in Great Plains cash cattle markets, traders and analysts said. Chicago Mercantile Exchange feeder cattle were also higher, although each cattle contract finished just
U.S. livestock: Hogs fall on big supplies
Chicago | Reuters — U.S. lean hogs futures fell to 3-1/2-month lows on Thursday as investors continued liquidating long bets amid plentiful supplies and lacklustre pork export sales, traders said. Live and feeder cattle futures also eased at the Chicago Mercantile Exchange, with cattle prices reversing from multiweek highs reached earlier in the session. Hogs
U.S. livestock: Feeder cattle gains continue as corn declines
Chicago | Reuters — U.S. cattle futures extended gains on Tuesday, with feeder cattle rising to their highest in 1-1/2 months as falling corn prices reduced costs for fattening the animals and enticed buying from investors, traders said. Optimism that slaughter-weight cattle would fetch higher prices in U.S. Plains cash markets this week also buoyed
U.S. grains: Soy surges on short-covering on way to huge monthly loss
Chicago / Reuters – U.S. soybeans surged as much as 2.8 per cent on Friday, reversing earlier losses in a rally sparked by U.S. data showing improved export demand, traders and analysts said. Corn futures were narrowly higher and wheat mostly lower. All three commodities notched steep monthly losses on the final trading day of
U.S. grains: Corn, soy ease as investors eye big U.S. harvests
Chicago / Reuters – U.S. corn and soybean futures fell one per cent or more on Thursday, pressured by ample existing supplies and largely favourable growing conditions that will likely lead to huge harvests this fall, traders and analysts said. Chicago Board of Trade corn futures led the declines, with technical selling weighing further after prices
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