Insights and Stories on Tariffs

Jul. 12, 2018 at 7:37 pm CDT

Chicago | Reuters — Strong global demand for beef and animal feed fattened grain trader Cargill’s profits in fiscal year 2018, which were also boosted by trade tensions and South American weather woes, the company said on Thursday. For the full year, adjusted operating earnings reached $3.2 billion, up six […]

By P.J. Huffstutter, Tom Polansek

Jul. 12, 2018 at 7:28 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange livestock futures ticked higher on Thursday, boosted by short-covering and technical buying after prices probed new lows earlier this week, traders said. Futures for cattle and lean hogs notched narrow gains despite fears of weaker prices in cash markets and a lower trend […]

By Michael Hirtzer

Jul. 12, 2018 at 5:38 pm CDT

Chicago | Reuters — U.S. soybean futures fell to contract lows on Thursday after the U.S. Department of Agriculture said a trade war with China would curb exports and swell supplies, but the market clawed back those losses late in the session in a short-covering bounce. Corn rallied from earlier […]

By Karl Plume

Jul. 11, 2018 at 6:40 pm CDT

CNS Canada — ICE Futures Canada canola futures fell sharply lower during the week ended Wednesday, but could still have more room to the downside as the oilseed remains overpriced compared to the slumping U.S. soybean market. Mounting trade tensions between the U.S. and China led to a selloff in […]

By Phil Franz-Warkentin

Jul. 11, 2018 at 6:28 pm CDT

Chicago | Reuters — U.S. soybean futures dropped to contract lows on Wednesday and the most active contract closed at the lowest in nearly 10 years as an escalating trade war with China stoked worries about long-term export demand from the world’s top importer of the oilseed. Favourable crop weather […]

By Karl Plume