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File photo of uncooked chicken wings. (Mimadeo/iStock/Getty Images)
Livestock

Brazil’s BRF gets nod to export wings to Canada

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Sao Paulo | Reuters — Brazilian food processor BRF said on Tuesday Canada has authorized chicken wing exports from two of its plants located in top farm state Mato Grosso. BRF has been seeking to sell more products to Canada to strengthen its position in developed markets and also shore up competition against domestic rivals
CBOT May 2021 corn with 20- and 50-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Nearby corn futures firm as USDA reports big sales to China

CBOT May soybeans, wheat also up

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Chicago | Reuters — U.S. corn futures edged higher in actively traded nearby contracts on Tuesday on strong export demand after the U.S. Department of Agriculture confirmed the largest sales to China since January. Soybean futures were mixed, with nearby prices rising on concerns about South American harvest weather and spillover support from higher spot
CME June 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Lean hogs up on tightening hog supplies, strong pork demand

CME live cattle futures mixed

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures were mostly higher on Tuesday on lofty pork prices, tightening hog supplies and hopes for improved meat demand as economies begin to fully re-open after coronavirus pandemic shutdowns. Hog supplies have tightened following liquidation of the U.S. sow herd last year and some disease-related U.S.
CBOT May 2021 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Corn futures rally on export strength

Chicago wheat, soybeans rise

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Chicago | Reuters — U.S. corn futures rose 1.9 per cent to a one-week high on Monday, recovering from overnight weakness after a U.S. government report showed that export demand for the grain remained high. Soybean and wheat futures also were firm after trading in negative territory during the overnight session. A weekly U.S. Agriculture
CME April 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME hogs hit contract highs, led by strong cash markets

Live cattle futures close mixed

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures surged three per cent on Thursday, setting life-of-contract highs on firming cash hog markets and rising wholesale pork prices, traders said. CME April lean hog futures settled up 2.725 cents at 91.5 cents/lb. after recording a contract high at 91.7 cents (all figures US$).
CME April 2021 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Hog futures take a breather

April live cattle up, but well down off highs

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures consolidated on Friday as the market caught its breath after pulling back from contract highs reached last week. Strong demand for U.S. pork from China recently supported hog futures, as China is battling the fatal pig disease African swine fever, which increased its need
CME April 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Pork export sales rise, profit-taking hits hog futures

Cattle futures down while beef exports up

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended lower on Thursday as profit-taking overshadowed strong U.S. export demand, analysts said. The U.S. Department of Agriculture, in a weekly report, said weekly net U.S. pork export sales were 59,600 tonnes for 2021, up 68 per cent from the prior four-week average. Weekly export
CBOT May 2021 soybeans with 20- and 40-day moving averages. (Barchart)
Crops, Markets, Weather

U.S. grains: Soybeans jump on inclement South American weather

Weekly U.S. corn export sales miss expectations

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Chicago | Reuters — U.S. soybean futures settled higher on Thursday as adverse weather across South America fueled concerns about a short-term supply crunch. The market briefly turned lower late in the trading session amid gains in the U.S. dollar that make U.S. farm goods less attractive to importers, traders said (all figures US$). Prices

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