Reading Time: 2 minutes Chicago | Reuters – Chicago soybean futures edge up on Wednesday, as concern adverse weather will curb production in top exporter Brazil kept prices close to their highest since August. Corn futures rose on technical trading, as the market closely watches if weather woes in Argentina will impact the country’s corn crop. And wheat futures […] Read more
U.S. grains: Soy, corn futures rise on South American weather questions
U.S. grains: Soybean, corn slides on profit-taking amid South American weather woes
Reading Time: 2 minutes Chicago | Reuters – Chicago soybean futures fell on profit-taking on Tuesday, as uncertainty over weather forecasts in South America continued to spark questions over global supplies, traders said. Wheat prices fell sharply, extending losses from the previous session, as investors began to jockey their positions ahead of the year-end. And corn futures slipped, as […] Read more
U.S. livestock: Cattle futures rise on expectations of beef demand; hogs ease
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange cattle futures finished higher on Tuesday, as slaughter rates increased and carcass cutout values continued to firm, traders said. There is an expectation of beef prices continuing to firm and demand be strong going into the first quarter of 2022, said Doug Houghton, analyst with Brock Capital Management. […] Read more
U.S. livestock: CME hog futures touch four-week high
Chicago cattle futures ease
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures rose for the fourth straight trading session on Monday, as the market continued to see support from a government report last week that showed smaller-than-expected national inventory numbers, traders said. Most-active February hog futures settled the day up 0.425 cent at 83.65 cents/lb. (all figures US$). Earlier in […] Read more
U.S. grains: Soybeans, corn extend rally
Dry South American weather stokes worries on crops; wheat prices move on technical trading
Reading Time: < 1 minute Chicago | Reuters — Chicago soybeans and corn extended gains on Monday to hit multi-month highs as dry and hot weather in South America stoked supply worries. Wheat rose early in the session, bolstered by hopes for greater export demand, but ended the day down on technical trading. Dealers said many market participants were still […] Read more
U.S. grains: Wheat slide continues in volatile week
Soybeans rise, corn up on support from crude oil prices
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures slid once again on Friday, after a volatile week in which prices plunged on investor fears about the economic impact of the Omicron variant of COVID-19, traders said. Wheat prices had steadied early in the day’s session but then started falling again on news that U.S. employment growth […] Read more
U.S. livestock: CME live cattle, hogs up with export demand
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle and lean hog futures rose again on Thursday, as fresh export numbers underscored strong demand for meat. Meanwhile prices on feeder cattle futures were mixed, as trades in the cash market prices jumped, traders said. Cash cattle had traded earlier in the week at $137-$138/cwt in […] Read more
U.S. grains: Grain futures regain ground as COVID jitters ease
Corn, soy firm after also hitting near three-week lows with wheat
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures turned higher Wednesday, recouping some of their steep losses from the previous session, as investor concerns that the Omicron coronavirus variant would derail the global economy began to ease. Corn and soybeans also regained ground on end-user buying, traders said, following hopes of export buyers looking for deals […] Read more
U.S. grains: Wheat extends slide as Omicron worries mount
Corn, soybeans also slip on virus fears
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat prices fell to a nearly three-week low on Tuesday, as concerns that the spread of the Omicron coronavirus variant could slow the global economy drove investors to reduce risk exposure. The entire grains complex felt pressure early in the session, after Moderna’s CEO cautioned that COVID-19 shots were unlikely […] Read more
U.S. grains: Wheat futures ease amid supply questions after hitting highest since 2012
Reading Time: 2 minutes Chicago | Reuters – Chicago wheat futures eased on Tuesday after rising to their highest level in almost nine years, as the declining condition of the U.S. winter crop raised worries over global supply at a time of tight stocks and strong international demand. U.S. wheat prices fell later in the session on profit taking […] Read more
A message from April Stewart, Country Guide's Associate Editor
