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Author Archives Mark Weinraub

CBOT May 2021 soybeans (candlesticks) with 20-, 40- and 50-day moving averages (gold, green and black lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybean futures rise

Wheat eases, corn mixed, traders focused on weather

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Reading Time: 2 minutes Chicago | Reuters -- U.S. soybean futures rose on Friday, gaining ground on corn contracts as the market tried to entice farmers to boost acreage of the oilseed despite the yellow grain's rally to its highest in nearly eight years earlier this week. "The last two weeks all the talk has been about the corn […] Read more
CME August 2021 feeder cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs down on demand concerns

'We got a little bit ahead of ourselves'

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Reading Time: < 1 minute Chicago | Reuters -- CME Group hog futures fell sharply for the second day in a row on Friday, with the most-active June contract sinking 2.9 per cent to its lowest since March 23. Cattle futures also were weaker, with the June live cattle contract notching its seventh straight losing session. The market was correcting […] Read more
CBOT May 2021 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn futures retreat from peak above $6

Wheat, soybean futures rise

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Reading Time: 2 minutes Chicago | Reuters -- U.S. corn futures closed mixed on Thursday, with the most-active contract easing on pressure from commercial hedging after spiking above US$6 a bushel for the first time since June 2013 during overnight trading. But concerns about seeding delays due to cold weather in the U.S. Midwest lifted new-crop corn contracts. Weather […] Read more
Kansas City May 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange, green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Futures rally on weather concerns

Wheat futures book biggest increases

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Reading Time: 2 minutes Chicago | Reuters -- U.S. wheat, corn and soybean futures rallied on Wednesday, supported by concerns that a cold snap in the U.S. Midwest and Plains could hamper crop development, traders said. Chicago Board of Trade corn gained 2.4 per cent to hit its highest since June 2013. Wheat futures posted the biggest increases, with […] Read more
CBOT May 2021 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy, corn rise as funds step in after two losing sessions

Wheat up on 'water deficit' concerns

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Reading Time: 2 minutes Chicago | Reuters -- U.S. corn and soybean futures rose on Tuesday, bouncing back from two days of declines on bargain buying by investment funds and concerns about tight supplies of both commodities, traders said. Wheat futures also firmed, with concerns about dry soils limiting U.S. and European production underpinning prices. Corn and soybean futures […] Read more
CME June 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures edge higher after limit down move

CME cattle futures weak

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Reading Time: < 1 minute Chicago | Reuters -- Chicago Mercantile Exchange hog futures firmed slightly on Tuesday after falling their daily trading limit in the previous session. Traders said the market had run out of steam after rallying to their highest since June 2014 last week. "There no doubt remains questions about the belly’s staying power at these levels […] Read more
CBOT May 2021 soybeans (candlesticks) with Bollinger bands (20,2) and CBOT July 2021 soyoil (dark green line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybean futures drop as soyoil crumbles

Corn, wheat futures also weak

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Reading Time: 2 minutes Chicago | Reuters -- U.S. soybean futures fell 1.5 per cent on Monday, led lower by the soyoil market's decline to its lowest in nearly six weeks on bearish data about palm oil supplies, traders said. "The bean oil led the beans up and it looks like they are going to lead them down," said […] Read more
CME June 2021 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs limit-down off highest in nearly seven years

Follow-through selling drags on live cattle

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Reading Time: < 1 minute Chicago | Reuters -- Chicago Mercantile exchange lean hog futures dropped sharply on Monday, with numerous contracts closing down the daily three-cent limit on a round of profit-taking after the front-month contract hit its highest since June 2014 last week. "We have had a strong run and we are coming up a little bit short […] Read more
CBOT May 2021 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn futures rally on export strength

Chicago wheat, soybeans rise

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Reading Time: 2 minutes Chicago | Reuters -- U.S. corn futures rose 1.9 per cent to a one-week high on Monday, recovering from overnight weakness after a U.S. government report showed that export demand for the grain remained high. Soybean and wheat futures also were firm after trading in negative territory during the overnight session. A weekly U.S. Agriculture […] Read more

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