CME February 2020 live cattle with 20-, 30- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures rise on technical buying

Chicago | Reuters — U.S. cattle futures rose on Wednesday, rebounding from Tuesday’s downturn, while hog futures eased. Traders said that signs of strength in the cash market added support to the strength in both live and feeder cattle contracts. Technical buyers also helped pushed prices higher after early signs of strength. Chicago Mercantile Exchange


As the White House openly panders to its rural voters, China, wall or no wall, continues to play the long game.

Comment: U.S. trade policy hits the Great Wall

China plays the long game; United States keeps getting played

Several years ago, when Pulitzer Prize-winning columnist Tom Friedman was asked to choose which rising Asian nation, China or India, he’d bet the farm on, Friedman didn’t hesitate to pick India. The reason, he explained, was that while both nations were on an expressway to the future, India, the world’s largest democracy, had an open

Total Brazilian beef exports in January to October 2019 were 1.5 million tonnes.

Chinese demand pushes Brazil beef prices to record high

A significant number of local processors can now export to China

Reuters – Brazil’s famous barbecue is getting more expensive as Chinese demand is increasingly swallowing up the country’s beef supply, pushing Brazilian cattle prices to a record high. China’s hunger for foreign meat has shot up as an outbreak of African swine fever has decimated its domestic pig population and has sent it looking for substitutes. Chinese imports of



(Shadowinternet/E+/Getty Images)

Strong foreign demand boosts North American hog markets

MarketsFarm — While the volume of hogs at North American slaughter markets have kept packing plants near capacity in recent weeks, strong foreign export demand has kept pork values high. “We expect pork values to move higher, due to the shortness of production in China,” said Brad Marceniuk, a Saskatchewan provincial livestock economist in Saskatoon.


CBOT December 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

CBOT weekly outlook: WASDE yields mixed results

MarketsFarm — World agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA) have turned out largely bullish for wheat values, bearish for corn and neutral for soybeans on the Chicago Board of Trade (CBOT). The report, released Tuesday, lowered U.S. wheat stocks by 40 million bushels to total 947 million tonnes,

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

U.S. grains: Soy, corn firm on trade deal hopes

Chicago | Reuters — U.S. soybean futures firmed on Tuesday, rising for a sixth consecutive session on hopes that the United States and China will continue to progress toward an interim trade deal. Corn futures also edged higher on an improved trade outlook as Canada, Mexico and the United States approved changes to a preliminary


China to waive tariffs on some U.S. soybeans, pork

Goodwill gesture is aimed at helping soothe ongoing trade tensions between the two nations

China has confirmed that it will waive import tariffs for some soybeans and pork shipments from the United States, as the two sides try to thrash out a broader agreement to defuse their protracted trade war. The tariff waivers were based on applications by individual companies, the Finance Ministry said in a statement, citing a

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

U.S. grains: Soybean futures set two-week high

Chicago | Reuters — U.S. soybean futures rose for a fifth straight session to their highest in two weeks as Chinese importers on Monday bought at least five bulk cargo shipments of the oilseed from the United States, or about 300,000 tonnes, traders said. A rally to four-week highs in soyoil futures helped support the