Top News & Analysis Minnesota

  • CHICAGO, April 22- U.S. hog futures declined on Monday on a mix of softer cash hog prices and technical selling after a run-up to contract highs earlier this month, traders said. Chicago Mercantile Exchange live cattle futures followed hogs lower. Hogs in the Iowa and southern Minnesota cash market were down 33 cents on Monday at $81.39 per cwt, according to the U.S....

  • *Traders await news on U.S./ China trade talks. CHICAGO, April 17- U.S. wheat futures rose on Wednesday in a rebound from falls to one-month lows a day earlier on the Chicago Board of Trade and contract lows in Kansas City and Minneapolis markets. Most-active July wheat was up 3-3/ 4 cents at $4.52-1/ 4 a bushel at 12:48 p.m. CDT, after dropping to its lowest price since...

  • April 17- At a truck stop in Ridgefield, New Jersey, driver Paul Richards reviews a notebook where he tracks miles driven and what he is hauling. Across the United States, drivers, regional operators and industry officials say the $700 billion U.S. trucking sector slipped in late 2018, with the fall continuing into this year. An ACT Research index of truck carrier...

  • ROME, April 17- Italian banks will discuss on Thursday whether to back the latest rescue plan for Banca Carige by taking a stake alongside a fund owned by U.S. asset manager BlackRock, two sources close to the talks said. The BlackRock fund is the only investor known to be considering a bid for Carige after Minnesota- based Varde Partners decided against a possible...

  • BURNSVILLE, Minn., April 15- President Donald Trump said on Monday he believed the United States would emerge from its trade dispute with China as a winner, no matter what happened. Trump's administration has slapped tariffs on $250 billion worth of imports of Chinese goods to press demands for an end to policies that Washington says hurt U.S. companies competing...

  • BURNSVILLE, Minn., April 15- President Donald Trump said on Monday he believed the United States would emerge from its trade dispute with China as a winner, no matter what happened. "We're going to win either way. We either win by getting a deal or we win by not getting a deal, "Trump said during a visit to a business roundtable in Burnsville, Minnesota.

  • Traders were still digesting Thursday's export sales report from the U.S. Department of Agriculture showing that China bought more than 77,700 tonnes of U.S. pork in the latest week. "People think that equates to- eventually- big Chinese purchases in the world that ultimately filter back to the United States," said Don Roose, president of Iowa- based U.S....

  • CHICAGO, April 11- Chicago Mercantile Exchange lean hog futures closed higher on Thursday on strong weekly U.S. pork export sales, traders said, including more than 77,000 tonnes sold to China as a fatal hog disease continued to spread in the Asian country. Lean hog futures surged at the open, with the benchmark June contract soaring the daily 3- cent limit after...

  • Grain trader Cargill Inc said it was closing three of its grain handling facilities in Minnesota, two in South Dakota and one in Nebraska on Thursday because of the storm. Rival Archer Daniels Midland Co temporarily closed several grain and edible bean elevators in South Dakota, North Dakota, Minnesota and Wisconsin due to the snow. The storm was dumping more...

  • As of 12:55 p.m. CDT, Chicago Board of Trade May soybean futures were down 7-3/ 4 cents at $8.94-1/ 4 per bushel and May corn was down 2-1/ 4 cents at $3.59-1/ 2 a bushel. Soybeans fell after the U.S. Department of Agriculture reported export sales of U.S. soybeans in the week to April 4 at 280,400 tonnes, well below a range of trade expectations. "The soybeans are reacting to...

  • SINGAPORE, April 11- Chicago corn futures were little changed on Thursday after closing higher in the last session as storms delayed planting in parts of the U.S. The most-active corn contract on the Chicago Board of Trade was unchanged at $3.61-3/ 4 a bushel by 0708 GMT, soybeans rose 0.1 percent to $9.02-1/ 2 and wheat added 0.6 percent to $4.60-1/ 2 a bushel.

  • CHICAGO, April 10- Chicago Mercantile Exchange live cattle futures closed lower on Wednesday for a second straight session as worries eased about a blizzard disrupting feedlots in the U.S. "The storm system for the most part moved further to the north- more to South Dakota, and missed a lot of key areas in Nebraska," said Don Roose, president of Iowa- based U.S....

  • As of 12:55 p.m. CDT, Chicago Board of Trade May corn was up 1-3/ 4 cents at $3.61-3/ 4 per bushel and May soybeans were up 3-1/ 2 cents at $9.02-1/ 4 a bushel. Traders were monitoring the progress of a winter storm that was forecast to dump as much as 30 inches of wet, heavy snow on western Minnesota and southeast South Dakota, the National Weather Service said.

  • CHICAGO, April 10- U.S. farmers, who have spent the last month sifting through damage left by a storm that flooded more than a million acres of crop land, now face a blizzard ahead of planting season. Rockies on Wednesday and was forecast to move eastward, threatening to bring as much as 30 inches of snow to western Minnesota and southeast South Dakota and another...

  • SINGAPORE/ PARIS, April 10- Chicago wheat futures fell for a fifth consecutive session on Wednesday, their worst losing streak since February, after a U.S. government report raised its estimate for world wheat inventories. The most-active wheat contract on the Chicago Board of Trade was down 0.2 percent at $4.58-1/ 2 a bushel by 1040 GMT, corn gained 0.2 percent to...

  • SINGAPORE, April 10- Chicago wheat futures fell for a fifth consecutive session on Wednesday, their worst losing streak since February, after a U.S. government report raised its estimate for world wheat inventories. The most-active wheat contract on the Chicago Board of Trade was down 0.3 percent at $4.58-1/ 4 a bushel by 0600 GMT, corn gained 0.3 percent to $3.61 a...

  • CHICAGO, April 9- Most months of Chicago Mercantile Exchange lean hog futures closed down the daily 3- cent trading limit on Tuesday on softening cash markets and profit-taking following contract highs set last week, analysts said. It was down a little yesterday and the carcass values were weaker this morning, "said Doug Houghton, analyst with Brock Associates...

  • *USDA sees U.S. wheat condition better than expected. *USDA raises U.S. corn stocks forecast more than expected. Also bearish, the USDA in a weekly crop progress report late Monday rated 60 percent of the U.S. winter wheat crop in good to excellent condition, up from 56 percent a week earlier, a sign of improving yield prospects.

  • CHICAGO, April 8- Chicago Mercantile Exchange lean hog futures closed mostly lower on Monday as softening cash hog prices sparked a round of profit-taking after Friday's contract highs, traders said. "Cash prices stopped moving higher at a rapid clip, so everyone is taking a step back," said Altin Kalo, agricultural economist for New Hampshire- based Steiner...

  • CHICAGO, April 8- U.S. corn futures declined on Monday as traders adjusted positions a day ahead of a monthly supply-and-demand report from the U.S. Department of Agriculture in which the government is expected to raise its forecast of U.S. corn ending stocks. Chicago Board of Trade May corn settled down 2-1/ 2 cents at $3.60 per bushel. After the CBOT close, the USDA...