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Tag Archives China

CBOT May 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans turn higher after dropping to five-month low

By GFM Network News, Tom Polansek April 18, 2019
Chicago | Reuters — U.S. soybean futures turned higher on Thursday after dropping to a five-month low on concerns about weak export demand and large harvests in South America. Corn futures ended near unchanged, while wheat futures touched a one-month low on a broadly favourable harvest outlook in the Northern Hemisphere. Positioning ahead of a

CME December 2019 lean hogs with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Livestock, Markets

U.S. livestock: Deferred hog futures set contract highs for fourth day

By GFM Network News, Tom Polansek April 18, 2019
Chicago | Reuters — U.S. hog futures set new contract highs in deferred months for a fourth consecutive day on Thursday on expectations of increased demand from China, before prices pulled back. Deferred feeder cattle futures also set contract highs. An outbreak of African swine fever in China fueled the temporary advances in deferred hog


ICE July 2019 canola (candlesticks) with CBOT July 2019 soybeans (green) and 20-day moving average (yellow). (Barchart)
Crops, Markets

ICE weekly outlook: Canola sideways, waiting for news

By GFM Network News, Phil Franz-Warkentin April 17, 2019
MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday, but remain stuck in a sideways trading range overall waiting for some fresh market-moving news. “April is usually the quietest month of the year for us,” said Ken Ball of PI Financial in Winnipeg. In addition to large world oilseed supplies overhanging

CBOT July 2019 corn (candlesticks), with July 2019 soybeans (green line). (Barchart)
Crops, Markets

CBOT weekly outlook: Bear market aches for bull news

By GFM Network News, Glen Hallick - MarketsFarm April 17, 2019
MarketsFarm –– The Chicago Board of Trade (CBOT) is currently a bear-market, according to broker Scott Capinegro of Barrington Commodity Brokers. “It’s like the markets are saying ‘Show me something, we’ll take anything,’ but the bears are winning,” he said, noting there has been almost no news to drive the market in a bullish manner.


MGEX May 2019 wheat, with 20-day moving average (in orange) and CBOT May 2019 wheat (yellow). (Barchart)
Crops, Markets

U.S. grains: Wheat futures edge higher in turnaround from losses

By GFM Network News, Tom Polansek April 17, 2019
Chicago | Reuters — U.S. wheat futures rose on Wednesday in a rebound from falls to one-month lows a day earlier on the Chicago Board of Trade and contract lows in Kansas City and Minneapolis markets. Soybean futures set a five-month low, while corn futures also eased. Tuesday’s wheat price drop attracted bargain buying and

CME October 2019 lean hogs with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Livestock, Markets

U.S. livestock: Deferred CME hog futures set contract highs

By GFM Network News, Tom Polansek April 17, 2019
Chicago | Reuters — U.S. hog futures rallied to new contract highs in deferred months on Wednesday on projections that China will accelerate pork imports in the last half of the year, following an outbreak of an incurable swine disease. China is expected to import more pork to fill a hole in protein supplies left


U.S. grains: Wheat futures tumble on increasing global supply estimates
Crops, Markets

U.S. grains: Wheat futures tumble on increasing global supply estimates

By GFM Network News, Tom Polansek April 16, 2019
Chicago | Reuters — U.S. grain and soybean futures slumped on Tuesday with strong crop ratings and increased forecasts for global harvests pushing Chicago Board of Trade wheat to a one-month low. Wheat prices came under pressure after the U.S. Department of Agriculture, in a weekly report issued late on Monday, rated 60 per cent

(VBacarin/iStock/Getty Images)
Crops, Markets

Views differ on crop exports to China other than canola

By GFM Network News, Glen Hallick - MarketsFarm April 16, 2019
MarketsFarm — Depending on whom one has spoken with, there are differing views as to grain exports to China other than canola. The federal government has stated there have been no export issues outside of canola. “The current actions taken by China are limited to canola seed, and we have not received any indication of


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

U.S. livestock: Deferred CME hogs extend gains on China virus outbreak

By GFM Network News, Tom Polansek April 16, 2019
Chicago | Reuters — U.S. hog futures closed mixed on Tuesday as front-month contracts stumbled in a setback from recent gains, while deferred contracts rose on expectations for increased demand from China due to an outbreak of a fatal hog disease. Gains in the market have been fueled by worries about an epidemic of African

(Zevei-Wenhui/iStock/Getty Images)
Hogs, Livestock

China eyes U.S. poultry, pork imports in trade talks

By Chris Prentice, GFM Network News, Tom Polansek April 16, 2019
Reuters — China would likely lift a ban on U.S. poultry as part of a trade deal and may buy more pork to meet a growing supply deficit, but it is not willing to allow a prohibited growth drug used in roughly half the U.S. hog herd, two sources with knowledge of the negotiations said.


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