CBOT March 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy up on prospects for Chinese demand

U.S. dollar strength drags on wheat, corn

Chicago | Reuters — U.S. soybean futures rose on Thursday, rallying from early declines on short-covering and prospects for China to step up purchases of U.S. supplies as the U.S.-China Phase One deal goes into effect in days, traders said. But wheat and corn futures fell, pressured by a stronger U.S. dollar, worries about economic

CME April 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle rise on broad commodity strength

Nearby hogs down on weak cash values

Chicago | Reuters — U.S. live cattle futures closed higher on Wednesday, bouncing off a four-month low on bargain buying along with broad-based strength in equity and commodity markets as fears subsided about the impact of the COVID-19 coronavirus outbreak in China. The benchmark April live cattle futures contract on the Chicago Mercantile Exchange (CME)


(iStock/Getty Images)

North American hog markets wracked by coronavirus

MarketsFarm — Besides shutting down entire cities and killing more than 1,000 people, China’s novel coronavirus outbreak has wreaked havoc on North America’s hog futures. “It’s a dubious relationship, but it is impacting markets,” said Tyler Fulton, risk management director for Hams Marketing Services in Winnipeg. Lean hog futures moved “in concert with drops in



(Rahr.com)

Strong export demand, acreage ahead for barley

Lower supplies from Australia benefit Canadian growers

MarketsFarm — Canadian malting barley acreage is expected to remain high in the coming year, mostly due to strong export demand. Peter Watts, managing director of the Canadian Malting Barley Technical Center in Winnipeg, said tough harvest conditions were partially to blame for lowered malt barley output in 2019. “We had a fairly lousy harvest,

CBOT March 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat, corn up on technical buying, export optimism

Soybean traders remain cautious

Chicago | Reuters — U.S. corn and wheat futures rose on Thursday on chart-based buying and short-covering coupled with optimism about prospects for U.S. agricultural export sales to China, traders said. Soybean futures firmed but trailed the advances in grains. Chicago Board of Trade March corn settled up 4-1/4 cents at $3.83-1/2 per bushel after



A worker checks the temperature of a passenger arriving into Hong Kong International Airport with an infrared thermometer on Feb. 7, 2020. (Photo: Reuters/Hannah McKay)

Coronavirus disrupts China meat imports, food supplies

Swine fever has created pork shortage

Chicago | Reuters — Coronavirus is disrupting meat shipments to China as the country faces a shortage due to an outbreak of a fatal pig disease, Tyson Foods Inc and U.S. agricultural groups said on Thursday. An outbreak of African swine fever, which infects only pigs, has decimated China’s herd, pushing Chinese pork prices to



CME April 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Hogs limit up on Tyson comment, short-covering

Cattle futures follow hogs higher

Chicago | Reuters — U.S. lean hog futures surged their daily three-cent limit on Thursday after comments from a Tyson Foods executive about pork demand from China ignited a wave of buying including short-covering, traders said. Tyson is competing with other global companies to supply meat to China, the world’s largest pork consumer, as an