Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures notched their biggest losses in about three weeks on Monday in a sell-off triggered by government data showing larger numbers of cattle placed on feed in December, traders said. Both live and feeder cattle futures fell to their lowest since Jan. 9 as investors liquidated long bets […] Read more
U.S. livestock: Cattle fall most in three weeks on U.S. placements
U.S. livestock: Live cattle rally on fund buying, cash optimism
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained about one per cent on Friday, rallying from losses in the previous session on the back of investment fund buying and optimism for higher prices in U.S. Plains cash cattle markets, traders said. Feeder cattle prices rose while lean hogs were mostly higher, underpinned […] Read more
U.S. livestock: Cattle ease on technical selling
Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures fell more than one per cent on Thursday, extending losses to the second straight session on a technical sell-off as wholesale beef prices also continued to lose ground, traders and analysts said. Lean hogs were mixed at the Chicago Mercantile Exchange, with some front-month hog futures contracts rising […] Read more
U.S. livestock: Cattle limit up on technical buying
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures climbed to a nine-month high on Tuesday, extending gains from the previous session on chart-based and investment fund buying, traders and analysts said. Feeder cattle and lean hog futures also rose at the Chicago Mercantile Exchange, with feeders reaching the highest levels since August. Trading limits in […] Read more
U.S. livestock: Cattle gain on bargain-buying
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live and feeder cattle futures gained about one per cent on Monday, rebounding from earlier losses on support from a round of bargain buying, traders and analysts said. Feeders fell to a 3-1/2-week low before reversing higher, while live cattle tested Friday’s multiweek low and then turned higher […] Read more
U.S. livestock: Cattle, hog futures mixed on end-of-year positioning
Reading Time: 2 minutes Chicago/Reuters – Chicago Mercantile Exchange live cattle futures were narrowly mixed on Friday, paring earlier steep gains on end-of-year positioning, traders said. Stronger bids for cattle in U.S. Plains cash markets underpinned prices. But some investors took profits after most-active February futures hit an eight-month high before turning slightly lower. Despite the recent rally, cattle […] Read more
U.S. grains: Soy, corn weaker on Argentina rains, profit-taking
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean, corn and wheat futures eased on Monday, weighed down by profit-taking and expectations for more crop-friendly rainfall in Argentina. Wheat futures retraced early gains despite bitter cold temperatures in the U.S. which left dormant plants vulnerable to damage. Chicago Board of Trade soybeans notched the largest declines of the […] Read more
U.S. grains: Soy, corn jump on Argentine dryness
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures rose one per cent on Friday, buoyed by technical buying and concerns over dry growing conditions in Argentina in the wake of U.S. Department of Agriculture crop data at midday that was deemed neutral, traders said. Wheat futures also rallied at the Chicago Board of Trade, […] Read more
U.S. grains: Soybeans down on profit-taking before USDA data
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures dropped two per cent on Thursday, the steepest decline in 2-1/2 months, on profit-taking tied to lower veg oil prices and extended weather outlooks for rainfall in Argentina, traders and analysts said. U.S. President-elect Donald Trump’s nomination of Oklahoma Attorney General Scott Pruitt to run the nation’s Environmental […] Read more
U.S. livestock: Cattle, hogs rise on cash markets
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures rose about one per cent on Wednesday, rallying after two straight sessions of losses on the back of gains in U.S. cash cattle and hog markets, traders and analysts said. Most-active CME February live cattle settled 1.65 cents higher at 111.95 cents/lb. (all figures […] Read more
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