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U.S. House agriculture leader loses election

Midwest farm sector unsettled by prospect it could lose its place at the table

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Democratic U.S. Rep. Collin Peter­son, House Agriculture Committee chair, failed to win re-election in Minnesota on Nov. 3, a loss some agriculture leaders said could hurt the U.S. Midwest’s Grain Belt. Though Democrats retained control of the House and therefore will again chair the committee, Peterson’s exit could shift U.S. spending away from a region

U.S. House ag leader loses election, unsettling Midwest farm sector

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Chicago | Reuters — Democratic U.S. Rep. Collin Peterson, chair for the House of Representatives’ agriculture committee, failed to win re-election in Minnesota on Tuesday, a loss some agriculture leaders said could hurt the U.S. Midwest grain belt. Though Democrats retained control of the House and therefore will again chair the committee, Peterson’s exit could
Livestock, Markets

U.S. livestock: Futures mixed on pork export questions, cattle supplies

U.S. beef packer margins down on week

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Chicago | Reuters — U.S. livestock futures had a mixed performance on Tuesday, as the supply of cattle being offered for sale continued to shrink and traders wrestled with uncertainty over pork export demand. An additional five cases of African swine fever (ASF) were initially found in dead wild boars in Germany. Initial tests were
Livestock, Markets

U.S. livestock: CME lean hogs fall, cattle up on technical trading, profit-taking

Hogs 'stretched out technically last week'

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Chicago | Reuters — U.S. lean hog futures slid on Monday on technical selling and profit-taking, as the trade began to question whether Chinese demand for U.S. pork will boom after rival supplier Germany confirmed a single case of African swine fever in a wild boar. U.S. pork packer margins eased but still were solid,
Livestock, Markets

U.S. livestock: Live cattle rise on higher beef prices, grilling demand

CME October hogs also settle higher

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures continued to advance Friday, supported by increasing beef prices and expectations of continued meat demand going into the Labour Day weekend, traders said. Beef prices usually rise heading into the September holiday, when consumers often barbecue either at home or with family and friends. Beef
Crops, Markets, Weather

U.S. grains: Corn eases on profit-taking

Traders question USDA numbers, raising uncertainty

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Chicago | Reuters — Chicago corn inched slightly lower on Friday, as traders questioned federal acreage data and assessed the extent of storm damage in the U.S. Midwest. Prices slipped early in the day, after a rally in the previous session pushed corn futures to a four-week high. Soybeans also fell after jumping to a

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