Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange cattle futures rose for the third day in a row on Wednesday, nearing a two-month high on signs of improving cash markets. Traders also said a stepped-up pace of slaughter in recent days indicated demand for beef remains high. CME lean hog futures closed lower, with the front-month […] Read more
U.S. livestock: Cattle futures hit near two-month high as cash markets firm
U.S. grains: Corn, soy firm as harvest slows; wheat falls on profit taking
Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures rose to their highest in more than three weeks on Tuesday after heavy rains across broad swaths of the U.S. Midwest stalled harvest, traders said. The harvest slowdowns also supported the soybean market. “Even if we get a break in the rains for one to two days, that […] Read more
U.S. grains: Soybeans, corn weak, awaiting export news
December MGEX wheat up, CBOT wheat down
Reading Time: < 1 minute Chicago | Reuters — Chicago Board of Trade soybean futures weakened on Friday, giving up gains made overnight on a lack of export news despite top buyer China returning to the market after a week-long holiday, traders said. Corn futures followed a similar trajectory and closed near session lows as investors waited for the U.S. […] Read more
U.S. grains: Soybean, corn futures rise
Chicago winter wheat futures weak
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures rose on Thursday, supported by signs of strong exports as more recently harvested supplies became available, traders said. Corn futures were firm, with investors staking out positions ahead of a key government report that will update the forecast for U.S. production. Winter wheat futures were […] Read more
U.S. grains: Corn, soybean futures fall
Chicago wheat futures firm
Reading Time: < 1 minute Chicago | Reuters — Chicago Board of Trade corn and soybean futures fell on Wednesday on seasonal harvest pressure and forecasts that should allow U.S. farmers to continue to make good progress with the cutting of their crops, traders said. “Harvest should continue to expand with weather allowing for quick progress with yields holding up […] Read more
U.S. grains: Soybean futures rise on energy market strength
Corn, wheat futures fall
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose 1.3 per cent on Tuesday as a rally in the energy market boosted demand for soy-based biofuels, traders said. Wheat futures were down on profit-taking after three straight days of gains pushed the market to its highest since mid-August. The wheat weakness dragged corn lower. Soybeans were […] Read more
U.S. grains: Soybean futures extend losing streak
CBOT wheat firm, corn weak
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell for the third session in a row on Monday, sinking to their lowest in 9-1/2 months on continued pressure from a government report that showed domestic supplies were bigger than expected. Wheat firmed to its highest since mid-August on technical buying. Corn futures ended slightly lower after […] Read more
U.S. livestock: CME hogs hit lowest in more than six months
Cash market bearish on cattle futures
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures fell for the fifth day in a row on Thursday, with the front-month contract hitting its lowest since March 2 on a continuous basis. The hog market was under pressure from long liquidation by investment funds, traders said. Cattle futures were mixed, with live cattle edging […] Read more
U.S. grains: Corn, soybean, wheat fall ahead of USDA report
StatsCan stocks report dragged on wheat
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell to their lowest in 7-1/2 months on Thursday, under pressure from expectations that the U.S. government will raise its domestic production forecast, traders said. Wheat futures sank 2.4 per cent to their lowest in more than a month on follow-through technical selling after a Canadian report on […] Read more
U.S. livestock: CME cattle, hog futures fall
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures weakened Wednesday, with live cattle sagging to their lowest in three months on sluggish cash market activity, traders said. The hog market was pressured by concerns about demand in China, where high prices have slowed the consumption of pork. CME December live cattle settled […] Read more
A message from April Stewart, Country Guide's Associate Editor
