Chicago | Reuters – A fungus that causes “vomitoxin” has been found in some U.S. corn harvested this fall, causing headaches for growers and livestock producers and forcing ethanol plants and grain elevators to scrutinize grain deliveries. The situation is another hit to global grain supplies that have sunk to the lowest in a decade since Russia
U.S. corn farmers wary of vomitoxin, latest stress on global grain supplies
U.S. grains: Wheat, corn slip ahead of key crop forecasts
Corn, soy consolidate as U.S. crop data watched
Chicago | Reuters — Chicago wheat futures fell back on Tuesday, after jumping to a three-month high a day earlier, as signs of escalation in the war between Russia and Ukraine continued to raise concerns about the viability of Black Sea grain trade in the coming months. Corn futures slipped, and soybeans firmed, as investors
U.S. livestock: Live cattle firm as packer margins turn negative
Lean hog futures settle lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Tuesday as supplies tighten, with beef packer margins falling into the negative for the first time in years, traders said. Beef packers lost $14.35 per head on Tuesday, compared to earnings of $1.60 a day earlier and $18.40 the week before, according to
U.S. railways to halt grain shipments ahead of potential shutdown
Fall fertilizer traffic also at risk
Chicago | Reuters — Some U.S. railroads will start halting crop shipments on Thursday, a day ahead of a potential work stoppage, an agricultural association and sources at two grain co-operatives said on Tuesday, threatening exports and feed deliveries for livestock. With farmers starting to harvest autumn crops that are shipped to meat and biofuels
U.S. livestock: CME lean hogs slip
USDA marks surprise jump in July cattle placements
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures slipped on Friday, with the most-active contract dipping to a nearly six-week low during the session, as weak export demand continued to weigh on futures, analysts said. Meanwhile, a government report, released after the CME closed, said that far more cattle were marketed in July
U.S. grains: Chicago soy futures bounce back after USDA forecasts
Corn crop forecast to be smaller than expected due to weather
Chicago | Reuters — Chicago soybean futures turned higher on Friday, as traders questioned a surprisingly large record-crop forecast and focused instead on August weather as recent hot and dry days threaten key U.S. growing areas. Soybean futures slid sharply after the U.S. Agriculture Department on Friday forecast U.S. soy farmers would glean a record
U.S. grains: Chicago grains firm on yield uncertainty ahead of USDA report
Grains also underpinned by U.S. dollar fall after inflation data
Chicago | Reuters — Chicago wheat and soybean futures closed higher on Thursday as a weaker U.S. dollar lent support to dollar-priced commodities and traders squared up their positions ahead of a key government report. Meanwhile, corn futures firmed, supported by concerns about hot and dry weather stressing the U.S. Midwest crop through its final
U.S. livestock: Live cattle, hogs firm on meaty consumer demand
Production 'probably hit our seasonal peak'
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Thursday, with several back months hitting new life-of-contract highs on thin trading, as domestic demand for beef this summer continues to be stronger than expected, traders said. Meanwhile, lean hog futures rose — with the October and December contracts hitting new life-of-contract high
Bunge lifts profit forecast, but misses Wall Street expectations
Reuters – Bunge Ltd. raised profit expectations July 27, although the American firm posted shorter results in the second quarter than were forecast by Wall Street. While the company’s second-quarter revenue climbed 16.5 per cent to US$17.93 billion, it missed estimates of $18.46 billion. Bunge raised its full-year profit forecast July 27 and posted a
U.S. livestock: Live cattle futures ease ahead of U.S. holiday weekend
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures eased on Wednesday, as packers prep for a short processing week after the Fourth of July holiday in the United States, traders said. Packers’ purchases are expected to slow by the end of the week, to avoid having pens full of animals waiting over the
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