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U.S. livestock: Improved fundamentals extend CME hogs’ advances

Feb. 19, 2015 at 4:45 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange lean hogs gained for a second straight session on Thursday, helped by firmer cash and wholesale pork prices, traders said. April futures closed up 2.825 cents per pound at 67.05 cents, and May 2.325 cents higher at 76.725 cents (all figures US$). Thursday […]

U.S. EPA to propose biofuels standards this spring

Feb. 19, 2015 at 10:48 am CST

By Reuters

USDA sees reduced U.S. plantings of corn, soy, wheat in 2015-16

Feb. 19, 2015 at 10:43 am CST

By Reuters

U.S. pork production seen at record high in 2015, beef lower

Feb. 19, 2015 at 10:28 am CST

By Reuters

U.S. grains: Wheat tumbles after Egypt cancels U.S. tender

Feb. 18, 2015 at 7:24 pm CST

By Michael Hirtzer

U.S. livestock: Strong beef prices lift CME live cattle

Feb. 18, 2015 at 7:18 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Wednesday on short-covering in response to the jump in wholesale beef values, traders said. February closed up 0.575 cent per pound, to 159.175 cents, and April 1.9 cents higher at 152.625 cents (all figures US$). Wednesday afternoon’s […]

By Theopolis Waters

India not to cut multi-billion dollar food handout program

Feb. 18, 2015 at 10:17 am CST

New Delhi | Reuters –– India will not scale down its multi-billion dollar food welfare program that promises ultra-cheap rice and wheat to most of its people despite a high-level recommendation, a top government source said on Wednesday. A panel set up by Prime Minister Narendra Modi last month urged […]

By Mayank Bhardwaj

U.S. grains: Soy hits one-month high on soymeal gains, NOPA data

Feb. 17, 2015 at 3:14 pm CST

Chicago | Reuters — U.S. soybeans climbed to a one-month peak on Tuesday, lifted by a three per cent spike in soymeal futures and data showing near-record domestic crushings of the beans in January, traders said. Wheat futures were mixed, with some contracts turning lower after earlier hitting three-week highs […]

By Michael Hirtzer

U.S. livestock: Profit-taking slams CME live cattle, hogs

Feb. 17, 2015 at 3:06 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished sharply lower on Tuesday on profit-taking following Friday’s rally, traders said. February closed 1.4 cents per pound lower at 158.6 cents, and April down 2.5 cents at 150.725 cents (all figures US$). West Coast port slowdowns and disappointing volumes […]

By Theopolis Waters

S. Africa’s proposed ban on foreign land ownership aimed at farms

Feb. 17, 2015 at 11:41 am CST

Johannesburg | Reuters — A South African government proposal to ban foreign nationals from owning land will apply to farms, not residential property, a government minister was quoted as saying Tuesday. In his State of the Nation address last week, President Jacob Zuma said foreigners would be barred from owning […]

By Reuters