Chicago | Reuters – Chicago soybean futures ticked up on Wednesday as traders eyed Chinese purchases of U.S. beans under a bilateral trade truce and adjusted positions before the U.S. Thanksgiving holiday, analysts said. The oilseed market remained underpinned by indications of Chinese demand, with traders telling Reuters that China bought at least 10 cargoes
U.S. grains: Chicago grains firm as traders gauge China purchases
Deere forecasts weak annual profit on tariff hit
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Deere & Co forecast an annual profit below estimates on Wednesday, pressured by tariff impacts and weaker margins from its large tractors, sending the farm-equipment maker’s shares down nearly five per cent.
U.S. livestock: Chicago cattle futures mixed ahead of Thanksgiving holiday
Chicago | Reuters – Chicago Mercantile Exchange’s live cattle futures were mixed on Tuesday, with nearby contracts extending the previous session’s losses that saw contracts drop by the daily trading limit, analysts said. Feeder cattle futures turned higher, rebounding from Monday’s sharp limit-down losses, as traders began to adjust positions ahead of the U.S. Thanksgiving
U.S. grains: CBOT soybeans firm as traders hope for more Chinese buying
Chicago Board of Trade soybean futures ended higher on Tuesday in a day of range-bound trading after comments by President Donald Trump’s administration bolstered expectations of further Chinese purchases under a bilateral trade truce, market analysts said.
South Korea raises African Swine Fever alert after outbreak at pig farm
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South Korea said on Tuesday there had been an outbreak of African Swine Fever (ASF) at a pig farm in the country’s largest pig-breeding region, prompting authorities to raise the national alert level to “serious”.
Wet grain, Russian attacks on railways hit Ukrainian corn exports, union says
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High grain moisture content and logistical woes caused by Russian attacks have slashed Ukraine’s corn exports from Black Sea ports in November and may do so again in December, farmers’ union UAC said on Tuesday.
U.S. grains: Soybeans turn lower on Chinese demand uncertainty; corn mixed, wheat falls
Chicago Board of Trade soybean futures retreated on Monday from last week’s 17-month high, as traders waited for signs of more Chinese buying of U.S. beans and details from the latest call between Washington and Beijing, market analysts said.
Tyson Foods to close major US beef plant as cattle supplies dwindle
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Tyson Foods will close a major beef plant in Lexington, Nebraska, with about 3,200 employees in January after U.S. cattle supplies dropped to their lowest level in nearly 75 years, the meatpacker said on Friday.
Washington State resident dies in first confirmed H5N5 bird flu case, health department says
A Washington State resident receiving treatment for H5N5 avian influenza died on Friday, the state’s health department said, in the first confirmed human case of this variant globally.
U.S. grains: Soybeans mixed on doubts over Chinese demand
U.S. soybean futures were mixed at Friday’s close at the end of a see-saw week during which Chinese purchases of U.S. supplies pushed prices to a 17-month high before doubts about whether China would sustain such buying punctured the rally.