CME October 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: CME live cattle down on quiet cash trade

Hog futures narrowly mixed

Chicago | Reuters — Chicago Mercantile Exchange cattle futures weakened on Wednesday as quiet trade on the cash market fortified concerns about light demand, traders said. Hog futures were narrowly mixed, with short-covering providing support, while worries that a firm U.S. dollar will chill export demand for pork added pressure. Benchmark CME October live cattle



The World Trade Organization (WTO) headquarters in Geneva, Switzerland on Oct. 28, 2020. (Photo: Reuters/Denis Balibouse)

Canada, China agree to suspend WTO canola dispute

Lifting of canola ban renders case moot

Berlin | Reuters — Canada and China have agreed to suspend proceedings against Chinese measures affecting the importation of Canadian canola seed, according to a World Trade Organization (WTO) complaint on Thursday. The WTO Dispute Settlement Body (DSB) panel suspended its work as of Tuesday, the complaint said. Work can be suspended at any time



An aerial view of parched terrace fields at Chongqing’s Fuyuan village in east-central China on Aug. 19, 2022. (Photo: Reuters/Thomas Peter)

Yangtze tributary runs dry as China faces another month of drought

Water is running low when crops are at a crucial stage, officials say

Chongqing/Shanghai | Reuters — Residents living near a tributary of the Yangtze river in the southwestern region of Chongqing clambered along the dry riverbed Aug. 18 amid an unprecedented drought across the region that could last another month. “I am actually pretty worried, because the water has been cut off in my compound,” said Tian



CME October 2022 lean hogs (candlesticks) with 200-day moving average (black line) and Bollinger bands (20,2). (Barchart)

U.S. livestock: Hog futures up off lowest since February

Chicago cattle futures mixed

Chicago | Reuters — Chicago Mercantile Exchange hog futures on Thursday edged up from a 6-1/2-month low on a round of short-covering after posting losses in four of the previous five sessions, traders said. But the hog market remained under pressure from a seasonal slowdown in demand as the grilling season nears its end. Cattle

CME October 2022 lean hogs (candlesticks) with 100-day moving average (black line) and Bollinger bands (20,2). (Barchart)

U.S. livestock: Hogs hit 6-1/2-month low on slowing demand

Live cattle dip below 20-day moving average

Chicago | Reuters — Chicago Mercantile Exchange hog futures fell to a 6-1/2-month low on Wednesday with demand for pork fading as the traditional U.S. grilling season nears its close. Cattle futures were mixed, with live cattle contracts sagging on weakness in the cash markets while feeder cattle contracts closed higher. Hog futures have fallen


(Omersukrugoksu/iStock/Getty Images)

Ukraine restores Moldova rail link

Rail line could carry 10 million tonnes of freight per year

Reuters — Ukraine has restored a rail link to neighbouring Moldova after a 23-year hiatus and the connection could carry 10 million tonnes of freight a year, President Volodymyr Zelenskiy said in a video address on Monday. Although he did not specify what kinds of goods, Ukraine is keen to find new ways to export