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CME July 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME lean hogs drop on demand concerns, plentiful supplies

By GFM Network News, Karl Plume April 29, 2019

Chicago | Reuters — U.S. lean hog futures fell for a third straight session on Monday on large supplies of hogs and worries about cooling domestic and export demand for pork, traders said. Cash pork prices were firm, but a stretch of cold and wet weather around parts of the United States, including an unusual

News, Oilseeds

Why so much Canadian canola has gone to China

The economic superpower is the biggest buyer of many agricultural products

By Allan Dawson April 29, 2019

China has been buying about 40 per cent of the canola seed Canada exports, so losing that market, even temporarily, is a blow. That’s a lot of eggs in one basket. But it shouldn’t be a surprise, says Brian Innes, the Canola Council of Canada’s (CCC) vice-president of public affairs and president of the Canadian

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

Crops, Markets

U.S. grains: Corn firms as rains stall planting

By GFM Network News, Karl Plume April 29, 2019

Chicago | Reuters — U.S. corn futures firmed on Monday, hitting the highest point in a week as wet weather across much of the U.S. Midwest and forecasts for continued rains this week threatened to prolong spring planting delays. Soybeans were lower on sluggish U.S. exports, abundant global supplies and worries that delayed corn seeding

CME June 2019 hogs with Bollinger (20,2) bands. (Barchart)

Livestock, Markets

U.S. livestock: CME lean hogs post third weekly slide

By GFM Network News, Julie Ingwersen April 26, 2019

Chicago | Reuters — U.S. lean hog futures declined on Friday, pressured by soft cash markets and long liquidation, traders said. The benchmark June lean hogs contract on the Chicago Mercantile Exchange recorded its third straight weekly decline after soaring to an April 5 contract high at 99.825 cents/lb. (all figures US$). The contract closed

Crops, Markets

ADM’s move to spin off ethanol assets speaks to industry’s woes

By Chris Prentice, GFM Network News, Jarrett Renshaw, P.J. Huffstutter April 26, 2019

New York/Chicago | Reuters — Biofuels pioneer Archer Daniels Midland took another step toward abandoning its pure-play ethanol assets on Friday, the latest sign of the industry’s struggles with U.S. President Donald Trump’s trade wars, thin margins, and overproduction. U.S. law requires ethanol to be blended into gasoline but domestic demand for the biofuel added

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

Crops, Markets

CBOT weekly outlook: Currency, swine fever weigh on prices

By GFM Network News April 26, 2019

MarketsFarm — A strong U.S. dollar and China’s prolonged battle with African swine fever have turned Chicago Board of Trade markets largely bearish. “We’re seeing a slew of positive [economic] news out of the U.S., and a rallying dollar that has been strong for four out of five sessions,” said Terry Reilly, a grains analyst

File photo of a soybean plantation in Brazil. (Mailson Pignata/iStock/Getty Images)

Crops

Brazil urges China to improve GMO approvals

By GFM Network News April 25, 2019

Brasilia | Reuters –– Brazil Foreign Minister Ernesto Araujo said on Thursday that the country must work with China to reduce non-tariff barriers to agriculture trade, including improving the process for genetically modified goods. Brazil is the world’s largest exporter of soybeans, the vast majority of which are genetically modified organisms (GMO). Many newer GMOs,

CME June 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets

U.S. livestock: CME lean hogs limit down on disappointing export sales

By GFM Network News, Julie Ingwersen April 25, 2019

Chicago | Reuters — U.S. lean hog futures plunged on Thursday, with the five most actively traded contracts settling down the daily three-cent-per-pound limit after weekly U.S. export data showed no new pork sales to China, traders said. Live cattle and feeder cattle futures on the Chicago Mercantile Exchange also declined, pressured by long liquidation

A Bunge port facility in Vietnam. (Bunge.com)

Crops

Bunge names acting chief as new CEO

By GFM Network News, Karl Plume April 25, 2019

Reuters — Global grains trader Bunge on Thursday named Gregory Heckman as its chief executive officer, three months after he took the helm in an interim capacity. Heckman, a founding partner of private investment firm Flatwater Partners and the former chief executive of grains trader Gavilon Group, was appointed acting CEO in January after long-serving

News, Oilseeds

Not time to retaliate on canola — yet

Some in the industry say it’s time to go political, but others say it’s too soon

By Allan Dawson April 25, 2019

Canada should retaliate against China’s boycott of Canadian canola seed, say several canola industry officials. That’s an option, but also a last resort, says the Canola Council of Canada (CCC). “I would say no issue is off the table in terms of various approaches that we can take as a country to deal with the

Daily Network News

JBS reaches deal with U.S. meatpacking workers who went on strike

Public consultation open on national beef code of practice

Pulse weekly: Indian forecasters predict below-normal monsoon

Tag Archives China

U.S. livestock: CME lean hogs drop on demand concerns, plentiful supplies

Why so much Canadian canola has gone to China

U.S. grains: Corn firms as rains stall planting

U.S. livestock: CME lean hogs post third weekly slide

ADM’s move to spin off ethanol assets speaks to industry’s woes

CBOT weekly outlook: Currency, swine fever weigh on prices

Brazil urges China to improve GMO approvals

U.S. livestock: CME lean hogs limit down on disappointing export sales

Bunge names acting chief as new CEO

Not time to retaliate on canola — yet

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