CME August 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME cattle, hogs advance in turnaround from losses

Live hog futures in China drop sharply

Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures closed stronger on Wednesday as the livestock markets recovered from losses in the previous session that were linked to fears of a global economic recession, traders said. Wall Street also finished higher, after broad declines in equities and commodities on Tuesday spilled over into

File photo of pigs on a farm in Germany. (FooTToo/iStock/Getty Images)

Swine fever outbreak in Germany’s top pork state poses lasting threat

Risk seen for spread to neighbours Netherlands, France

Hamburg | Reuters — The spread of African swine fever to Germany’s most important pig rearing region has dealt a serious blow to the sector with major markets such as China likely to maintain import bans for years to come, analysts said on Monday. The outbreak on a farm in Emsland, Lower Saxony is the


Developer in China proposes wheat, garlic for houses

Developer in China proposes wheat, garlic for houses

Desperate Chinese property developer proposes novel swap

Reuters – A desperate developer in China’s softening property market has devised a novel promotion to attract buyers, recently offering to take wheat and garlic as down payments. One advertisement of Henan-based Central China Real Estate that had “swap wheat for house” in the title says buyers can use the crop, priced at two yuan

China hit by rare convergence of rainfall, heat waves and a tornado

China was hit the week of June 12 by a rare convergence of record rainfall, heat waves, and a tornado in the southern mega-city of Guangzhou, displacing millions of people, damaging properties and swamping farmland, with more storms and floods on the way at press time. Southern China is expected to see torrential rain until


Comment: China’s population is about to shrink

The world’s biggest nation is about to shrink. China accounts for more than one-sixth of the world’s population. Yet after four extraordinary decades in which China’s population swelled from 660 million to 1.4 billion, its population is on track to turn down this year, for the first time since the great famine of 1959-61. According

COVID curbs Chinese soy demand

COVID curbs Chinese soy demand

Reuters – Plunging demand for soyoil in China is expected to cut consumption as COVID-19 lockdowns have shuttered restaurants and canteens, according to traders and analysts. China is the world’s top consumer of edible oils, with millions of restaurants guzzling about half of the country’s roughly 17 million tonnes of soyoil. But a two-month lockdown



ICE July 2022 canola (candlesticks) with Bollinger bands (20,2) and November 2022 canola (yellow line). (Barchart)

ICE weekly outlook: Canola sideways for now

MarketsFarm — The ICE Futures canola market may have seen some large price swings over the past few weeks, but remains relatively rangebound overall with values sitting just below their all-time highs. The upward momentum is slowing down, said David Derwin, a commodities investment advisor with PI Financial in Winnipeg. However, he added, it remains



Brazil’s JBS says China lockdowns won’t affect demand, logistics a concern

Brazilian meat giant JBS SA played down the effects of COVID-19-related lockdowns in China, saying they would not affect demand for JBS products despite causing logistics concerns, according to management remarks on May 12. During the first quarter, inventories rose in the United States because of logistics issues that also hampered U.S. ports, increasing costs