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CBOT weekly outlook: Soybeans facing bearish headwinds

By Dave Sims, GFM Network News March 8, 2017

CNS Canada — All eyes in the agricultural commodity world are focused on the release of the U.S. Department of Agriculture’s next World Agriculture Supply and Demand Estimates report due out Thursday. However, unless there’s a major surprise contained within the report, it’s hard to see the bias pointed higher for soybeans, according to an

Crops, Markets

U.S. grains: Soy, corn fall on Brazil crop expectations

By GFM Network News, Mark Weinraub March 7, 2017

Chicago | Reuters — U.S. soybean futures dropped 1.1 per cent on Tuesday to their lowest in more than a week on rising expectations for a Brazil harvest already forecast to be a record, traders said. Outlooks for a bountiful South American harvest also weighed on corn futures, while wheat eased on profit-taking after rallying

Livestock

Low-path bird flu turns up in Wisconsin turkeys

By GFM Network News, Reuters March 7, 2017

Paris | Reuters — The U.S. has reported an outbreak of avian flu on a farm in Wisconsin, the second in the country in less than a week although the virus found this time is considered less virulent, the World Organization for Animal Health (OIE) said on Tuesday. A strain of low-pathogenic H5N2 avian flu

(Stephen Ausmus photo courtesy ARS/USDA)

Livestock

Bird flu found in Tennessee chicken flock

By GFM Network News, Jo Winterbottom March 5, 2017

Reuters — A strain of bird flu has been detected in a chicken breeder flock on a Tennessee farm contracted to U.S. food giant Tyson Foods, and the 73,500 birds will be culled to stop the virus from entering the food system, government and company officials said on Sunday. The U.S. Department of Agriculture said

Livestock, Markets

U.S. livestock: Supply growth worries sink CME live cattle

By GFM Network News, Theopolis Waters March 2, 2017

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures slumped on Thursday, with pressure from profit-taking partly fueled by increased supply expectations, traders said. April live cattle closed 1.425 cents/lb. lower at 116.15 cents, and June closed 1.075 cents lower at 106.725 cents (all figures US$). “I’m surprised at the (futures) weakness given bullish

Livestock, Markets

U.S. livestock: Funds, beef demand fuel CME live cattle rally

By GFM Network News, Theopolis Waters February 28, 2017

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished sharply higher on Tuesday, driven by fund buying and brisk wholesale beef demand, said traders. They said deferred-month contracts’ discounts to this week’s expected cash prices provided additional market support. February live cattle, which expired at noon CT, closed 1.225 cents/lb. higher at 126.6

Livestock, Markets

U.S. livestock: Profit-taking pressures cattle futures, boosts hogs

By GFM Network News, Michael Hirtzer February 24, 2017

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mostly lower on Friday while lean hog futures gained sharply as investors took profits in each livestock contract, traders and analysts said. Cattle fell after Thursday’s nearly four-week high and hogs rebounded from a roughly two-month low. “It’s just an end-of-the-week rally,” Rosenthal Collins

Crops, Markets

U.S. grains: Wheat, corn hit two-week lows on long liquidation

By GFM Network News, Julie Ingwersen February 24, 2017

Chicago | Reuters — U.S. wheat futures fell to a two-week low on Friday and corn hit a 2-1/2-week low on technical selling including fund long liquidation, analysts said. Soybeans closed modestly higher, bouncing after the spot March contract hit a six-week low. Chicago Board of Trade March wheat settled down 6-3/4 cents at $4.31-1/4

(Regis Lefebure photo courtesy ARS/USDA)

Livestock, Markets

U.S. livestock: Hogs extend losses on cash expectations

By GFM Network News, Michael Hirtzer February 24, 2017

Chicago | Reuters — U.S. lean hog futures fell more than one per cent on Thursday, extending losses to their third straight session, on pressure from expectations for declines in Midwest cash hog markets, traders and analysts said. Lower wholesale pork prices this week, especially pork belly cuts, also weighed on futures and squeezed packer

Crops, Markets

U.S. grains: Soybeans at six-week low on U.S. acreage view

By GFM Network News, Julie Ingwersen February 23, 2017

Chicago | Reuters — U.S. soybean futures fell to a six-week low on Thursday on expectations for a big South American harvest and an expansion in U.S. plantings this spring, analysts said. Corn futures fell on chart-based selling and wheat followed the weak trend. The Chicago Board of Trade March soybean contract settled down 11-1/4

Media reports suggest U.S. dairy access to Canada a topic of conversation in Ottawa

U.S. livestock: Cattle choppy amid weak cash market, tight supply

China’s canola, soybeans imports to drop one million tonnes each

Daily Network News

Media reports suggest U.S. dairy access to Canada a topic of conversation in Ottawa

U.S. livestock: Cattle choppy amid weak cash market, tight supply

China’s canola, soybeans imports to drop one million tonnes each

Tag Archives USDA

CBOT weekly outlook: Soybeans facing bearish headwinds

U.S. grains: Soy, corn fall on Brazil crop expectations

Low-path bird flu turns up in Wisconsin turkeys

Bird flu found in Tennessee chicken flock

U.S. livestock: Supply growth worries sink CME live cattle

U.S. livestock: Funds, beef demand fuel CME live cattle rally

U.S. livestock: Profit-taking pressures cattle futures, boosts hogs

U.S. grains: Wheat, corn hit two-week lows on long liquidation

U.S. livestock: Hogs extend losses on cash expectations

U.S. grains: Soybeans at six-week low on U.S. acreage view

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