Top News & Analysis Kansas

  • CHICAGO, Aug 21- Chicago Mercantile Exchange live cattle futures closed higher on Wednesday for a third session as strong demand for beef ahead of the Labor Day holiday bolstered margins for meat packers, traders said. CME October live cattle futures ended up 0.225 cent at 100.225 cents per pound, and October feeder cattle settled up 0.900 cent at 134.550 cents...

  • CHICAGO, Aug 20- Chicago Mercantile Exchange live cattle futures closed higher on Tuesday for a second session, supported by strong wholesale beef demand ahead of the U.S. Retailers are stocking their meat cases this week ahead of the Labor Day holiday on Sept. 2, while a Tyson Foods Inc slaughterhouse in Holcomb, Kansas, has been shuttered due to an Aug. 9 fire.

  • CHICAGO, Aug 19- Chicago Mercantile Exchange live cattle futures closed higher on Monday after U.S. government data showed last week's hog slaughter was bigger than the previous week's, despite a fire that shuttered a Kansas beef plant. The USDA's slaughter data was supportive to futures, indicating that the loss of the Kansas plant might not be as significant...

  • As of 12:33 p.m. CDT, Chicago Board of Trade December corn was down 5-3/ 4 cents at $3.75 per bushel, but remained inside of Friday's trading range. Corn led the way down after weekend storms brought rain to Minnesota, southern Iowa, western Missouri and eastern Kansas, along with parts of Illinois, Indiana and Ohio. "So today is about taking risk premium out of the...

  • Profit margins for packers such as Tyson, Cargill Inc and JBS USA soared to $344 per head of cattle slaughtered, up from $153 a week ago before the fire and above the previous record of $308, according to Denver- based livestock marketing advisory service HedgersEdge.com. Margins increased as prices for choice cuts of beef shipped to wholesale buyers in large...

  • The demand concerns stemmed from uncertainty about potential purchases from China due to the ongoing trade fight with the United States. The world's top buyer of pork may look outside of the United States to meet its import needs, which were bigger than usual due to African Swine fever decimating its domestic herd. "The big question mark is still the export...

  • CHICAGO, Aug 15- Chicago Mercantile Exchange hog futures fell to a five-month low on Thursday, pressured by big supplies that overwhelmed any optimism about news that China made its biggest purchases of U.S. pork in seven weeks, traders said. "Hopes of demand are getting outweighed by the record supplies," said Don Roose, president of U.S. Commodities in West Des...

  • CHICAGO, Aug 14- Chicago Mercantile Exchange cattle futures were mixed on Wednesday, with deferred months mostly higher on bargain buying after hitting multiyear lows on Tuesday. CME August live cattle ended down 0.35 cent at 100.20 cents per pound. October was 0.75 cent lower at 98.50 cents, but the rest of the deferred months settled in positive territory.

  • CHICAGO, Aug 13- Chicago Mercantile Exchange cattle futures plunged to multiyear lows on Tuesday, with some contract months for both live cattle and fed cattle ending at their daily trading limits for the second day in a row. CME August live cattle ended down 4.5 cents at 100.55 cents per pound. CME August feeder cattle ended 6.675 cents lower at 127.725 cents per...

  • Aug 12- U.S. meat processor Tyson Foods Inc said on Monday it would rebuild its Holcomb, Kansas beef plant after a fire last week partly destroyed the facility and that full-time, active employees would be paid weekly until production resumes. "Tyson Foods has built in some redundancy to handle situations like these and we will use other plants within our network...

  • Aug 12- U.S. meat processor Tyson Foods Inc said on Monday it will rebuild its Holcomb, Kansas beef plant after a fire partly destroyed the facility last week and added that full-time, active employees would be paid weekly until production resumes. The company said the plant will be down "indefinitely" after the Friday night fire that put some put some 3,800 workers...

  • CHICAGO, Aug 8- U.S. farm incomes in the Midwest and Mid-Southern states declined yet again in the second quarter of 2019, as record floods devastated a wide swath of the Farm Belt, according to banker surveys released on Thursday by the Federal Reserve Banks of St. Louis and Kansas City. Louis Fed said the second quarter marked the 22nd consecutive quarter for farm...

  • China may impose additional tariffs on U.S. farm products bought shortly before the purchase ban took effect, China's Commerce Ministry said. China also let the yuan weaken past the key 7- per-dollar level on Monday for the first time in more than a decade. Before the trade war started, China bought $19.5 billion worth of farm goods in 2017, mainly soybeans, dairy,...

  • CHICAGO, Aug 2- U.S. farmers are feeding their livestock everything from outdated pet food and leftover bakery rolls to crops imported from South America after unprecedented spring planting delays boosted prices for locally grown corn. Feed is typically the biggest cost of raising farm animals, so adjusting diets has become critical for producers who are...

  • Regional factory growth remained basically flat this month, and a number of firms noted increased uncertainty because of trade concerns and weaker domestic demand, Kansas City Fed economist Chad Wilkerson said in a statement. The Kansas City Fed serves Kansas, Colorado, Nebraska, Oklahoma and Wyoming, and parts of Missouri and New Mexico.

  • Regional factory growth remained basically flat this month, and a number of firms noted increased uncertainty because of trade concerns and weaker domestic demand, Kansas City Fed economist Chad Wilkerson said in a statement. The Kansas City Fed serves Kansas, Colorado, Nebraska, Oklahoma and Wyoming, and parts of Missouri and New Mexico.

  • President Donald Trump, left, greets Sonny Perdue, U.S. secretary of agriculture, on stage during the 100th American Farm Bureau Federation Convention in New Orleans, Louisiana, U.S., on Monday, Jan. 14, 2019.

    Two critical federal research agencies are being gutted after workers refused to relocate to the Midwest.

  • Kate Rogers is in Kansas City where the USDA will be relocating two of its research agencies. But which state will the jobs land in and why are workers pushing back against the move?

  • CHICAGO, July 19- Chicago Mercantile Exchange lean hog futures reached their highest prices in more than five weeks on Friday on expectations for increased pork demand from China, the world's top importer. Hog traders expect China, the world's biggest hog producer, to ramp up pork imports later this year after a fatal hog disease killed millions of pigs there and...

  • Midwest pushed into the Northeast on Friday, ushering in temperatures that could top 100 degrees Fahrenheit in Washington and prompting utilities to take steps to prevent power outages. The huge blob of warm air is likely to blanket the region, home to a third of the U.S. population, through Sunday with little overnight relief, said meteorologist David Roth of...