Reading Time: 2 minutes Chicago December corn futures settled below $4 and hit a contract low on Wednesday as favorable U.S. crop prospects weighed and farmers began selling their hefty supplies of old crop corn, traders said.
U.S. grains: Chicago corn falls below $4 on beneficial weather
U.S. livestock: CME lean hogs turn down on seasonal dip
Reading Time: < 1 minute Chicago Mercantile Exchange (CME) live and feeder cattle futures turned higher on Tuesday as the cash cattle market remained strong, while lean hogs turned lower as traders anticipated slowing ham sales.
Crop tour forecasts record wheat yields in parts of North Dakota
Reading Time: 2 minutes Devils Lake, North Dakota | Reuters – U.S. spring wheat crops in northwest and north-central North Dakota are expected to produce the highest yields since at least 1994, the Wheat Quality Council said on an annual tour on Wednesday. Crop scouts estimated the average hard red spring wheat yield at 53.7 bushels per acre, up […] Read more
U.S. livestock: Cattle and hog futures up on strong wholesale prices
Reading Time: < 1 minute Chicago Mercantile Exchange (CME) live and feeder cattle futures bounced on Friday as strong cash prices buoyed futures markets, traders said.
U.S. grains: Wheat, corn and soybeans rebound ahead of data
Reading Time: < 1 minute Chicago wheat, corn and soybean futures regained ground on Thursday after Wednesday's dramatic losses as investors covered short positions ahead of the U.S. Department of Agriculture's supply and demand report set to be released on Friday.
U.S. livestock: Lean hogs, feeder cattle turn higher on bargain buying
Reading Time: 1 minute Chicago Mercantile Exchange (CME) lean hog futures turned higher on Thursday on a spate of bargain-buying, after the most-active August contract LHQ24 set a new low during the session, traders said.
U.S. livestock: Hog futures close down the daily limit on oversupply
Reading Time: < 1 minute CME lean hog futures LHQ24 closed limit down on Wednesday as a hefty oversupply and weak demand from consumers dragged futures lower, traders said.
U.S. grains: Soy futures fall to 2020 low on strong US crop prospects
Reading Time: 2 minutes Chicago Board of Trade soybean futures fell to a 2020 low on Wednesday, while corn hovered near a four-year low as favorable U.S. crop conditions kept a lid on prices.
U.S. livestock: Cattle futures lower on dip in consumer demand
Reading Time: < 1 minute CME live and feeder cattle futures turned lower on Tuesday as cutout values fell and consumer demand waned following the end of major steak-eating holidays, traders said.
U.S. grains: Wheat, corn recover after slide; soy hits 2020 low
Reading Time: 2 minutes Chicago wheat and corn futures ticked higher on Tuesday after sharp declines on Monday, while most-active soybean futures closed at their lowest point in nearly four years, as expectations of ample supplies from northern hemisphere harvests hung over the market.
A message from April Stewart, Country Guide's Associate Editor
