Chicago | Reuters — Profit-taking weighed on Chicago Mercantile Exchange lean hog futures on Tuesday after prices leapt to their highest price this month, traders said. Most-active June lean hogs settled down 1.075 cents at 121.325 cents/lb. (all figures US$). The contract is up eight per cent since nearing a one-month low on April 5
U.S. livestock: CME hog futures backpedal off April high
Chicago cattle futures up
U.S. grains: Corn pulls back after reaching decade high
Wheat also gives up gains amid profit-taking, traders say
Chicago | Reuters — Chicago Board of Trade corn futures ended lower on Tuesday, consolidating below a decade high reached earlier, as traders assessed risks to global supply from the war in Ukraine and a slow start to planting in the U.S. Wheat futures also weakened, with profit-taking pressuring the markets, traders said. The July
U.S. grains: Corn futures above $8 on supply concerns
Ukraine war continues disrupting Black Sea grain exports
Chicago | Reuters — Chicago Board of Trade corn futures topped US$8 a bushel and reached their highest price in nearly a decade on Monday on concerns over unfavourable U.S. weather slowing plantings and the Ukraine war disrupting grain exports. Traders worry chilly weather hampering plantings this spring could potentially contribute to lower yields come
U.S. livestock: CME hog futures top two-week high
Chicago cattle futures ease
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied to their highest price in more than two weeks on Monday, while live cattle and feeder cattle futures weakened. Hopes for increased domestic demand from summertime grilling and cookouts helped lift hog futures, analysts said. They added that surging grain and soybean futures raised
No poop for you: Manure supplies run short as fertilizer prices soar
Ontario honeywagon maker all sold out
Chicago | Reuters — For nearly two decades, Abe Sandquist has used every marketing tool he can think of to sell the back end of a cow. Poop, after all, needs to go somewhere. The Midwestern entrepreneur has worked hard to woo farmers on its benefits for their crops. Now, facing a global shortage of
As sanctions bite Russia, fertilizer shortage imperils world food supply
From Mato Grosso to Manitoba, farmers are fretting over high prices, lack of supply
Reuters – Sky-high fertilizer prices have farmers worldwide scaling back its use and reducing the amount of land they’re planting, fallout from the Ukraine-Russia conflict that has some agricultural industry veterans warning of food shortages. Western sanctions on Russia, a major exporter of potash, ammonia, urea and other soil nutrients, have disrupted shipments of those
U.S. grains: Corn, wheat, soy futures fall
Traders monitoring Ukraine crisis
Chicago | Reuters — U.S. grain and soybean futures eased on Friday as traders monitored diplomatic efforts to end Russia’s invasion of Ukraine and gauged continuing disruptions to Black Sea crop exports. More than three weeks after launching its invasion, in what Moscow calls a “special military operation,” the Russian advance has stalled and failed
CF Industries boosts U.S. fertilizer shipments as Russian exports cut
Chicago | Reuters — CF Industries is increasing fertilizer shipments to both U.S. coasts from the world’s largest nitrogen complex in Louisiana to help offset a decline in exports from Russia after it invaded Ukraine, CEO Tony Will said. Global fertilizer supplies have tightened and prices have increased from already high levels as sanctions bite
Icahn takes pig welfare push global amid McDonald’s proxy fight
Carl Icahn is broadening a push to get McDonald’s to improve suppliers’ treatment of pigs raised for bacon and sausage. The billionaire activist investor, who has described himself as an animal lover, on March 3 called on the burger chain to make a global pledge to eliminate the use of gestation crates to house pregnant
U.S. livestock: CME cattle hit multi-month lows
Hogs drop by daily limit
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped to a six-month low and feeder cattle hit a nine-month low on Friday, while lean hog futures sank by the daily exchange-imposed trading limit. Follow-through selling pushed down cattle contracts after a string of losses in the markets, brokers said. Recent weakness in wholesale
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