Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Friday, as cash cattle prices eased and packers continued to hemorrhage profits and remained reluctant to pay more for animals, analysts and traders said. Meanwhile, lean hog futures firmed as profit margins improved for pork processors. Limited cattle supplies kept a floor under the […] Read more
U.S. livestock: Cattle futures fall as packers’ profit margins in red
Lean hog futures show gains
U.S. livestock: Live cattle futures mixed; feeders boosted as corn slumps
Reading Time: 2 minutes Chicago | Reuters – Feeder cattle futures on the Chicago Mercantile Exchange Group (CME) ticked up again on Thursday, bolstered by continued weakness in corn futures Cv1, while live cattle futures were mixed on somewhat sluggish cash sales, analysts said. The U.S. Agriculture Department said on Thursday morning that export sales of beef rose to 21,400 […] Read more
U.S. grains: Grain, soybean futures slide as investors shed risk
Reading Time: 2 minutes Chicago | Reuters – Chicago soybean and grain futures turned lower on Thursday, as investors began shedding risk amid signs that the hot weather in the U.S. Midwest this week could be short-lived. Soybean and corn futures both experienced choppy trading, as the U.S. dollar turned higher, analysts said. Soybeans turned sharply lower, as traders […] Read more
U.S. grains: Corn, wheat slide sharply on promise of rain, yield potential
Soybeans steady to higher, boosted by weak U.S. dollar, export news
Reading Time: 2 minutes Chicago | Reuters – Chicago corn and wheat futures slid on Wednesday on technical trading and news of a better-than-expected spring wheat forecast in parts of North Dakota, even as a heat wave stretched across the U.S. Midwest and part of the Mississippi Valley, traders said. Meanwhile, soybean futures were steady to higher on the […] Read more
U.S. livestock: feeder cattle futures gain boost from corn market weakness
Meat packers continued to see profit margins stay in the red
Reading Time: < 1 minute Meat packers continued to see profit margins stay in the red
U.S. grains: Wheat, corn rise as Ukraine shipping deal set to end
Soybeans mixed on profit-taking, supply questions
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose on Friday as drought conditions in Canada and the northern Plains continue to weigh on the market, as does uncertainty over the future of Ukraine’s wartime grain export shipping deal that is set to expire on Monday. Corn followed wheat up on yield concerns and technical trading. […] Read more
U.S. livestock: CME cattle turn higher
Chicago lean hog futures mixed
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures turned higher on Friday amid a flurry of technical trading, even as beef prices continued to see a seasonal downturn, traders said. Cash cattle market trades this week continued to be down $2-$3 per hundredweight (cwt), traders said (all figures US$). The U.S. Department of […] Read more
U.S. grains: Soybeans rally on supply worries
Plantings weigh on corn; CBOT wheat also falls
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade (CBOT) soybean futures on Monday rallied for a second consecutive session, following a shockingly low plantings estimate from the U.S. Department of Agriculture (USDA) on Friday. Corn futures eased at the start of this holiday-shortened week, remaining at a 2-1/2 year low, on choppy technical trading, traders […] Read more
U.S. livestock: CME feeder cattle firm on choppy corn trade
Live cattle, lean hogs mixed
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased and feeder cattle futures ticked up on Monday, as corn prices faced a choppy trading day at the start of this holiday-shortened week, traders said. Meanwhile, the hog market ended the day mixed, with nearby contracts continuing to be bullish on growing buyer interest, […] Read more
U.S. grains: Chicago futures roil as U.S. debt ceiling talks halt
Wheat turns down, after technical bounce early in session
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade (CBOT) soybean futures slid sharply on technical trading on Friday, as investors rushed to liquidate their positions ahead of the weekend, traders said. The most-active soybean contract fell to the lowest prices seen since July — and several new-crop soybean contracts also plunged to new contract lows […] Read more
A message from April Stewart, Country Guide's Associate Editor
