Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose for a second straight day on Wednesday on expectations that U.S. harvest yields will be lower than the latest government forecast and on limited sales by farmers awaiting news from U.S.-China trade talks and details of government aid. Corn followed soybeans higher as an expected yield forecast […] Read more
U.S. grains: Soybeans gain on lackluster harvest sales, lower yield outlook
U.S. livestock: Cattle futures gain on higher beef values, tight supplies
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures climbed for a third straight session on Tuesday, propelled by rising beef prices and strong gains in the feeder cattle market, analysts said. Feeder cattle futures reached their highest point in six weeks on tight supplies of animals and an ongoing ban on Mexican imports […] Read more
U.S. grains: Soybeans tick up as market weighs crops, U.S.-China ties
Reading Time: 2 minutes U.S. soybean futures firmed on Tuesday on technical and seasonal buying after two sessions of losses, as traders monitored U.S. harvesting, Brazilian planting progress and updates on trade negotiations with China and a U.S. farmer bailout package.
U.S. grains: Soybean ease on harvest pressure, competition from Brazil
Reading Time: 2 minutes U.S. soybean futures eased on Monday on active harvesting across the Midwest farm belt and brisk early planting as well as exports in rival supplier Brazil, and as top importer China continues to shun U.S. supplies.
U.S. grains: Soybeans fall as rapid harvest overshadows China trade hopes
Reading Time: 2 minutes U.S. soybean futures closed lower on Friday as pressure from a fast-advancing U.S. harvest offset early-session support from hopes that upcoming U.S.-China talks could revive stalled soybean trade.
U.S. livestock: Live cattle drop as beef prices, packer margins erode
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange cattle futures fell on Wednesday on long liquidation by funds and as sinking beef prices and eroding packer margins weighed on the market. Feeder cattle futures also retreated in a technical correction after four consecutive sessions of gains that were fueled by concerns over tightening U.S. supplies. “We […] Read more
U.S. grains: Soybeans near six-week low as China shuns U.S. supplies
Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures eased on Wednesday on export concerns as large sales of Argentine soy to China kept attention on the top importer’s lack of purchases from the U.S. Corn followed soybeans lower, although losses were limited by early harvest reports of smaller-than-expected yields in the heart of the Midwest Corn […] Read more
U.S. grains: Corn backs away from gains at close
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures climbed to a 6-1/2 week high on Friday on short covering ahead of the weekend and a U.S. government crop production update next week, and as U.S. export demand remained strong. However, the grain failed to hold onto the advances and settled with small losses in the most […] Read more
U.S. livestock: Cattle futures end lower on profit-taking, technicals and flat cash prices
Reading Time: < 1 minute Chicago Mercantile Exchange cattle futures fell for a third consecutive day on Thursday in profit-taking and technical selling setback following recent highs and amid some weaker-than-expected cash market sales this week.
U.S. grains: Soybeans end firm as late-session technical buying offsets demand pressure
Reading Time: 2 minutes U.S. soybean futures rebounded on late-session technical buying to end firm on Thursday after concerns about a lack of sales to top importer China had dragged the market to 3-1/2 week lows.
A message from April Stewart, Country Guide's Associate Editor
