Reading Time: 2 minutes Chicago | Reuters — Chicago soybeans climbed on Friday, bolstered by extreme heat and mixed results on the final day of a Midwest crop tour. Corn traded much of the day mixed, ending just under even as crop production remains robust, despite recent yield-eroding weather. Wheat fell as global supplies remain plentiful, though signs of […] Read more
U.S. grains: Soybeans climb on weather risk, export demand
Pro Farmer tour predicts corn, soy crops below USDA estimate
U.S. livestock: CME live cattle gain as heat impacts producers
Seasonal pressures drag on hog futures
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Friday as processors looked to incentivize market-ready cattle movement while producers struggled against high temperatures on the U.S. Plains, analysts said. “We saw packers willing to pay up to keep stuff moving. With the hot weather, you had probably reduced performance and a […] Read more
U.S. grains: Soybeans up as heat risk in focus
Weak demand erodes corn, wheat
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures firmed for a second straight session on Thursday, supported by strong exports and supply uncertainty as hot, dry weather cast uncertainty over U.S. prospects. Corn inched down as the market assessed results from this week’s Pro Farmer crop tour. Wheat eased as traders weighed strong global supplies against […] Read more
U.S. livestock: CME live cattle up on cash optimism, heat risk
Lean hogs also up on strong pork prices
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Thursday, supported by concerns about heat stress in the U.S. Plains, as well as optimism in the cash cattle market, analysts said. “The cash outlook seems pretty firm,” said Doug Houghton, technical analyst at Brock Capital Management. ” I think there’s some support […] Read more
U.S. livestock: CME lean hogs dip as seasonal pressures mount
Live cattle futures eased slightly as cash trade remains light
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange lean hog futures fell for a third session on Wednesday, as seasonal pressure mixed with weaker pork prices, analysts said. “This time of year for October hogs, it’s tough to know which direction to go in,” said Joe Kooima, commodity broker at Kooima Kooima Varilek Trading Inc, noting […] Read more
U.S. grains: soybeans end higher amid extreme heat, crop tour findings
Wheat ticked higher as traders assessed the latest Russian attack on a Ukrainian grain port
Reading Time: 2 minutes Chicago | Reuters – Chicago soybean and corn futures firmed on Wednesday, supported by hot, dry conditions that compound signs of stress found in initial results of a widely followed U.S. Midwest field tour. Wheat also ticked higher as traders assessed the latest Russian attack on a Ukrainian grain port and monitored North American spring […] Read more
U.S. livestock: CME live cattle ease, heat impacts in focus
Seasonal hog supplies pressure futures
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Tuesday after two sessions higher, as traders watch to see the impact of sweltering temperatures on slaughter-ready cattle, analysts said. “The heat does hurt the weights. That’s been an issue for a lot of the south, for a lot of the summer,” said […] Read more
U.S. grains: Soy, corn fall on crop tour’s promising early reports
Egypt wheat tender signals demand
Reading Time: 2 minutes Chicago | Reuters — Chicago soybeans fell on Tuesday as above-average crop scouting during a Midwest tour outweighed hot, dry weather in U.S. growing belts. Corn was also pressured by promising early crop tour results, but found support in a recent spate of export sales. Wheat ended higher as global demand remains strong, though an […] Read more
U.S. livestock: CME live cattle climb on fewer feedlot placements
Lean hog futures down with cash prices
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed for a second session on Monday, supported by a bigger-than-expected drop in cattle placements in July, reported after market close on Friday. “In terms of slaughter ready cattle, we’re still relatively tight,” said Austin Schroeder, analyst at Brugler Marketing. In the U.S. Department of […] Read more
U.S. grains: Soybeans run up to three-week high on hot, dry weather
Wheat eases on Ukrainian export efforts
Reading Time: 2 minutes Chicago | Reuters — Chicago soybeans rose for a fourth straight session on Monday, reaching a three-week high as hot, dry U.S. conditions fueled concerns over crop stress. Wheat fell as Ukraine sought new Black Sea avenues for export, adding pressure to corn futures. Markets were awaiting results from the annual Pro Farmer crop tour, […] Read more
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