Reading Time: 2 minutes Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange closed higher on Tuesday, lifted by surging beef prices and rising packer margins that fueled expectations of firmer cash cattle prices this week, traders said. CME October live cattle settled up 0.650 cent at 128.125 cents per pound, while September feeder cattle futures […] Read more
U.S. livestock: CME cattle futures rise as beef prices climb; hogs end lower
U.S. grains: Wheat higher on global supply fears; soybeans climb, corn eases
Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures rose more than 2 percent on Tuesday as European wheat markets climbed on concern about tightening global supplies, traders said. Soybean futures firmed on renewed export demand for U.S. supplies while corn ended modestly lower, pressured by better-than-expected weekly U.S. crop condition ratings. Chicago Board of Trade September […] Read more
U.S. livestock: CME lean hog futures tumble on uncertain pork demand
Reading Time: 2 minutes Chicago | Reuters – Lean hog futures on the Chicago Mercantile Exchange fell sharply on Monday, with the benchmark October contract down its daily limit on worries about a seasonal increase in hog supplies and uncertain demand for U.S. pork, analysts said. CME October hog futures settled down 3 cents at 84.600 cents per pound, […] Read more
U.S. grains: Corn, soy retreat on U.S. rains, broad declines in commodities
Reading Time: 2 minutes Chicago | Reuters – U.S. corn and soybean futures declined on Monday, pressured by beneficial weekend rains in the Corn Belt and spillover weakness from outside commodity markets including crude oil and gold, analysts said. Wheat followed the weaker trend, with a firmer dollar adding to bearish sentiment. Chicago Board of Trade December corn settled […] Read more
U.S. grains: Corn, soy futures sag on end-of-month selling
Reading Time: 2 minutes Chicago | Reuters – U.S. corn and soybean futures fell about 2 percent on Friday on technical selling and long liquidation at the end of the week and month, and on beneficial rains in portions of the Corn Belt, traders said. Wheat futures ended modestly lower but posted a gain for the month of July. […] Read more
U.S. livestock: Lean hogs end mixed as traders eye Dominican hog disease
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange lean hog futures closed mixed on Thursday as pressure from news of a deadly hog disease in the Dominican Republic offset support from strong export sales and firm cash hog prices, traders said. CME August lean hog futures settled up 0.600 cent at 106.300 cents per pound, while […] Read more
U.S. grains: Wheat climbs as dry weather hits U.S. spring crop; corn, soy follow
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade (CBOT) wheat futures rose on Thursday, with the front contract rising above $7 a bushel for the first time in a week after findings from an annual U.S. crop tour showed the impact of drought in the northern Plains spring wheat belt. Corn and soybean futures closed […] Read more
African swine fever confirmed in Dominican Republic pigs: USDA
Reading Time: 2 minutes Chicago | Reuters – The U.S. Department of Agriculture confirmed the deadly hog virus African swine fever in samples from pigs in the Dominican Republic, the agency said on Wednesday, fuelling concerns about the disease creeping closer to the United States. The positive tests represent the first detection of the disease in the Americas in about 40 […] Read more
U.S. grains: Wheat climbs on signs of drought damage in northern U.S. Plains
Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures rose more than 2 percent on Wednesday on increasing concerns over U.S. supplies of top-quality spring wheat after early results from an annual crop tour showed the effects of drought in the northern Plains, traders said. Corn and soybean futures also firmed, but trade was choppy as brokers weighed […] Read more
U.S. livestock: Firm cash markets lift hog futures
Cattle futures extend slide
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Friday as firm U.S. cash markets and rising pork prices underscored tight hog supplies, analysts said. News of the first confirmed cases of African swine fever in farmed pigs in Germany added support, raising uncertainty about pork export flows. However, exports of […] Read more
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