Reading Time: 2 minutes Chicago | Reuters – U.S. live cattle futures fell Friday for a third straight session, with the benchmark CME October contract notching a six-week low on disappointing cash cattle values, traders said. Slaughter-ready cattle traded Thursday at $109 per cwt in Texas and Kansas, down from $109 to $110.50 last week. Some traders had been […] Read more
U.S. livestock: CME live cattle futures down for 3rd day
U.S. grains: Wheat extends skid on poor U.S. export demand; corn, soy firm
Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures dropped for the fifth consecutive session on Friday, touching a one-month low on sluggish export demand for U.S. wheat despite tightening global supplies. Corn and soybean futures stabilized after sharp declines this week tied to expectations of bumper harvests in the U.S. Midwest, analysts said. Chicago Board of […] Read more
U.S. livestock: CME live cattle futures decline after weaker cash trade
Reading Time: 2 minutes Chicago | Reuters – U.S. live cattle futures declined on Thursday after cash cattle traded in Kansas and Texas at mostly lower prices than a week ago, traders said. CME Group feeder cattle futures edged higher while lean hog futures ended mixed, with the nearby October contract down more than 2 cents per cwt, or […] Read more
U.S. grains: Corn, soy futures pressured by strong U.S. yields, trade woes
Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures sagged on Thursday to their lowest levels in a month and soybeans followed the weak trend as results from an ongoing Midwest crop tour fueled expectations of big U.S. harvests, analysts said. Wheat futures declined as weekly U.S. export sales data fell below trade expectations. Chicago Board of […] Read more
U.S. grains: Corn, soy sag on harvest expectations
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell about two per cent on Wednesday and soybeans declined almost as much, pressured by strong yield prospects in the Midwest crop belt, traders said. Wheat futures also eased, with the Chicago Board of Trade December contract hitting its lowest in four weeks. CBOT December corn settled down […] Read more
U.S. livestock: CME lean hogs ease for second day
Reading Time: < 1 minute Chicago | Reuters — Front-month U.S. hog futures fell on Tuesday for a second straight session on technical selling and doubts about whether trade talks this week between China and the U.S. would ease tensions, traders said. CME Group live cattle futures settled modestly higher while feeder cattle futures declined. Most-active CME October lean hog […] Read more
U.S. grains: Wheat extends decline as Russian supply worries abate
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell on Tuesday for a second straight session as fears of a shortfall in Russian wheat exports diminished, traders said. Corn and soybean futures also declined, pressured by spillover weakness from wheat as well as improving crop conditions in the U.S. Midwest after widespread rains. Chicago Board of […] Read more
U.S. grains: Wheat eases on ideas of Russian exports, long liquidation
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell three per cent on Monday on expectations of a pickup in Russian wheat exports in the next few months as shippers try to get ahead of potential export curbs, traders said, while soybeans clung to modest advances. Corn followed wheat lower. Chicago Board of Trade December wheat […] Read more
U.S. livestock: Lean hogs close lower, halting five-session climb
Reading Time: < 1 minute Chicago | Reuters — U.S. hog futures fell more than three per cent on Monday on profit-taking after a 14 per cent rally last week left futures over-priced relative to domestic cash prices, analysts said. CME Group live cattle futures fell in response to a lower cash cattle trade late last week and spillover weakness […] Read more
Some North Dakota wheat rejected for ergot, merchants say
Reading Time: 2 minutes Chicago | Reuters –– Elevated levels of the grain fungus ergot are showing up in spring wheat being harvested in south-central North Dakota, prompting grain elevators to impose discounts and even turn some truckloads away, grain merchants said Tuesday. Ergot is a common grain fungus but some major buyers, including top global wheat importer Egypt, […] Read more
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