CHICAGO Large U.S. grain merchants Cargill Inc [CARG.UL] and Archer Daniels Midland Co have reached a deal to swap some of their grain elevators in the U.S. Midwest in a deal expected to close later this summer, both companies said on Thursday.
CHICAGO Global commodities trader Cargill Inc [CARG.UL] reported a 41% drop in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-China trade war and also flooding in the central United States that hit marketing and transportation of grains and livestock.
CHICAGO Severe U.S. weather likely dented earnings for large grain companies including Archer Daniels Midland Co and Bunge Ltd for a second straight quarter, adding to headwinds from a still-unresolved U.S.-China trade war, analysts and economists said.
CHICAGO, June 28 Chicago Mercantile Exchange
(CME) lean hog futures were mixed on Friday, with nearby
contracts pressured by plentiful supplies of hogs and pork and
deferred months buoyed by signs of a slowing multi-year U.S. hog
herd expansion, traders said.
CHICAGO The U.S. Department of Agriculture (USDA) on Friday reported a large soybean sale to China, an apparent goodwill gesture a day before the first meeting between U.S. President Donald Trump and Chinese President Xi Jinping in seven months.
CHICAGO, June 27 Chicago Mercantile Exchange
(CME) lean hog futures rallied on Thursday on short-covering and
position squaring near the end of the month and quarter after
prices hit multi-month lows earlier this week, traders said.
CHICAGO, June 26 Chicago Mercantile Exchange
(CME) live cattle futures firmed on Wednesday, lifted by
technical and seasonal buying and as warmer weather around the
country fueled hopes that beef demand for outdoor grilling would
CHICAGO, June 25 Chicago Mercantile Exchange
(CME) lean hog futures bounced on Tuesday on short-covering and
technical buying following a three-session plunge that sliced
prices by more than 10%, traders said.
CHICAGO, June 24 Chicago Mercantile Exchange
(CME) lean hog futures fell sharply for a third straight session
on Monday in a technical and fund- selling drop fueled by ample
supplies of hogs and pork.
CHICAGO The upper Mississippi River reopened to barge traffic on Friday as vessels were cleared to ship through St. Louis harbor, the U.S. Coast Guard (USCG) said, and the situation quickly became a logistics nightmare as dozens of towboats and hundreds of delayed barges tried to maneuver upriver.