Reading Time: 2 minutes Chicago Mercantile Exchange (CME) live cattle futures closed lower on Thursday on technical selling as well as declines in Wall Street equity markets that raised concerns about consumer demand for beef, analysts said.
U.S. livestock: Cattle futures sag as Wall Street indexes dip; hogs mixed
U.S. grains: Wheat ends higher on bargain buying; corn firm, soy mixed
Reading Time: 2 minutes U.S. wheat futures rose 1.6 per cent on Wednesday on bargain buying one day after a drop in prices to four-month lows appeared to spur fresh export business, traders said.
U.S. grains: Soybeans near 4-year low; corn, wheat sag on supply prospects
Reading Time: 2 minutes U.S. soybean futures fell to their lowest level in nearly four years on Monday and corn and wheat futures followed the weaker trend as rains bolstered Midwest production prospects and traders worried about demand for big crops, analysts said.
U.S. livestock: Cattle futures end higher in light pre-holiday trade
Reading Time: 2 minutes Chicago Mercantile Exchange live cattle futures closed higher for a second session on Wednesday, supported by strong wholesale beef prices and light technical trading ahead of the U.S. July Fourth holiday, traders said.
U.S. grains: Wheat sags on uncertain demand outlook; corn firm, soy lower
Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures fell about 1.5 per cent on Wednesday as worries about global export demand and a year-on-year rise in U.S. inventories overshadowed support from a shrinking Russian wheat crop, analysts said. Corn futures firmed while soybeans declined after the U.S. Department of Agriculture’s monthly supply/demand reports offered few market-moving surprises. Chicago Board […] Read more
U.S. livestock: Live cattle, lean hog futures end lower
Reading Time: < 1 minute Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange closed lower on Tuesday in dull technical trade as market players await cash cattle trade to develop, brokers said. CME August live cattle LCQ24 settled down 1.050 cents at 178.925 cents per pound, although the contract stayed above its 100- and 200-day moving averages. CME August […] Read more
U.S. grains: Wheat climbs three per cent in rally from one-month lows; soy, corn sag
Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures rallied on Tuesday after a nine-session slide, with the benchmark Chicago Board of Trade (CBOT) July WN24 wheat contract lifted by bargain buying and renewed worries about crops in top global exporter Russia, brokers said. CBOT soybean and corn futures declined as market players awaited fresh direction from monthly […] Read more
U.S. grains: Wheat to 1-month low on harvest pressure; corn, soybeans firm
Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures hit their lowest in more than a month on Monday on seasonal pressure from the expanding Northern Hemisphere harvest and declining Russian wheat prices, analysts said. Corn and soybean futures firmed, consolidating after last week’s multi-week lows as traders awaited updated weekly U.S. crop ratings. On the Chicago […] Read more
U.S. livestock: Live cattle end higher ahead of monthly USDA data
Reading Time: 2 minutes Chicago Mercantile Exchange live cattle futures ended modestly higher on Thursday as traders squared positions ahead of a monthly feedlot report due on Friday from the U.S. Department of Agriculture (USDA), traders said.
USDA to halt July cattle report and some crop data, citing budget levels
Cancelation a 'major blow' to livestock sector, ag economist says
Reading Time: < 1 minute The U.S. Department of Agriculture is canceling its July cattle inventory report as well as county-level estimates for crops and livestock, the government said in a statement on Tuesday, citing budget constraints.
A message from April Stewart, Country Guide's Associate Editor
