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(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Soybeans climb as China fears wane

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Chicago | Reuters –– Benchmark U.S. soybean futures rose 1.5 per cent on Thursday as equity markets stabilized in China, the world’s top soy buyer, and on outlooks for dry weather as the U.S. Midwest growing season winds down, traders said. Corn clung to modest gains on better-than-expected weekly U.S. export sales and spillover strength
(Photo courtesy Canada Beef Inc.)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Wall Street surge rallies CME live cattle

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Thursday, prodded by the stock market comeback as data showed better-than-expected second-quarter U.S. economic growth, traders said. Renewed consumer confidence in the economy could support demand for U.S. goods, including meat, they said. Short-covering and bargain hunting furthered CME live cattle market advances
(USDA.gov via Flickr)
Crops

U.S. regulator sued for withholding information on GMOs

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Reuters — A food safety advocacy group sued an arm of the U.S. Department of Agriculture on Tuesday, saying it illegally withheld public information on genetically engineered crops. The lawsuit, brought by the Center for Food Safety (CFS) against USDA’s Animal and Plant Health Inspection Service (APHIS), claims the regulator has routinely failed to respond
(Stephen Ausmus photo courtesy ARS/USDA)
Livestock, Markets

U.S. ends avian flu-related limits on Ont. poultry

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Reuters — The U.S. Agriculture Department on Tuesday lifted restrictions on imports of poultry and poultry products from Ontario in the latest sign the farm sector is starting to recover from a severe outbreak of bird flu. USDA limited imports from Ontario in April after a highly pathogenic (“high-path”) strain of H5N2 avian flu was
(Canada Beef Inc. photo)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Economic fears slam CME live cattle, hogs

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed sharply lower on Friday as global economic turmoil sparked fears of a U.S. meat export slowdown, traders and analysts said. Spot-August futures closed 1.05 cents/lb. lower at 145.425 cents, and October 2.475 cents lower at 143.85 cents (all figures US$). “The elephant in the
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Soybeans bounce from six-year low

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Chicago | Reuters — U.S. soybean futures rebounded from near six-year lows on Thursday in a short-covering bounce and as weekly government data showed solid soybean and soymeal export sales last week. Corn edged higher, hovering close to last session’s one-week peak after field reports from an annual crop tour suggested the country’s output may
(Photo courtesy Canada Beef Inc.)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle rise with cash bids

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Thursday, supported by short-covering after packers hiked bids for unsold market-ready (cash) cattle, traders said. Spot-August futures closed 1.225 cents/lb. higher at 146.475 cents, and October 1.175 cents higher at 146.325 cents (all figures US$). Processors in Kansas and Texas on Thursday

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