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Livestock, Markets

JBS sees steady trade flows but flags export woes

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Sao Paulo | Reuters — Brazil’s JBS, the world’s largest meatpacker, has said the COVID-19 coronavirus epidemic could cause container shortages, port disruptions and other logistics issues, but said trade flows should stay strong thanks to Chinese demand. In a conference call to discuss earnings results on Thursday, JBS executives said its export operations had
(Peggy Greb photo courtesy ARS/USDA)
Markets

U.S. sees progress on China trade deal’s ag provisions

China makes first U.S. hard red wheat buy since 2017

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Washington | Reuters — The U.S. and China have made progress in implementing the agriculture-related provisions of their Phase One trade deal that took effect on Feb. 14, the U.S. Department of Agriculture (USDA) and U.S. Trade Representative said on Tuesday. In a joint statement, they listed a number of steps taken that should help
CBOT May 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Wheat jumps to one-month top

Soy climbs, corn little changed

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Chicago | Reuters — U.S. wheat futures surged nearly four per cent on Monday and hit a one-month high, buoyed by strong buying by domestic flour millers as consumers stockpile bread, and signs of a pick-up in global export business, traders said. Soybeans rose on expectations of rising demand for soymeal, a feed ingredient. Corn
CBOT May 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Wheat, soy rise after export deals

Corn sags on ethanol woes

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Chicago | Reuters — Chicago Board of Trade soybean and wheat futures rose on Friday, supported by a pick-up in Chinese demand for U.S. commodities, traders said. But corn closed lower, giving up early gains with traders shrugging off a massive sale to China to focus on expectations for a weakened ethanol market as crude
CBOT May 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Recent declines stoke export interest

CBOT May corn, soy, wheat all rally

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Chicago | Reuters — U.S. corn, soybean and wheat futures rallied on Thursday, supported by technical buying and hopes for a pick-up in export demand as recent price declines made U.S. supplies more attractive to overseas buyers. Corn was bouncing off the near 3-1/2-year low it hit on Wednesday after a rout in the energy
File photo of piglets at a hog operation in China. (KuLouKu/iStock/Getty Images)
Hogs, Livestock

China encourages firms to raise pigs overseas

Officials aim to plug domestic pork shortage

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Beijing | Reuters — China said Monday it is encouraging companies to build pig farms overseas to plug a severe domestic pork shortage after a worse-than-ever African swine fever slashed almost half of its pig herd. China has urged local authorities to support qualified domestic firms to “go out,” and build hog farming bases in
Workers in protective suits disinfect a pig farm as a prevention measure for African swine fever, in Jinhua, Zhejiang province, China, August 22, 2018.
Hogs, News

China announces step forward on African swine fever vaccine

It may be too soon to jump for joy, but the pork sector says that ASF vaccine progress out of China is heartening

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The world may be one step closer to a workable vaccine for African swine fever (ASF), but one expert warns that a local debut is a long way off — if the vaccine makes it to Canada at all. According to a research article, recently published in a Chinese science journal, researchers out of the
Markets, News

U.S. soybean sales to China fall to lowest in nearly six months

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Reuters – U.S. exporters sold just 6,012 tonnes of soybeans to China in the week ended Feb. 27, despite Phase 1 of the U.S.-China trade pact going into effect the prior week, U.S. government data showed March 5. The weekly total was the lowest since the week ended Sept. 5, when China’s net sales came

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