Reading Time: 2 minutes Chicago | Reuters – U.S. grain and soybean futures all ended the week lower, with corn futures falling for a third straight session on Friday, as traders reacted to sluggish U.S. export data and forecasts called for milder growing weather over the weekend. But traders said they were starting to doubt that much of the […] Read more
U.S. grains: Corn futures ease as weak exports offset crop concerns
U.S. livestock: Futures mixed as hog futures rally chills
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) livestock futures had a mixed day of trading on Thursday as a dearth of cash trade fueled more selling of nearby live cattle contracts and buying of the deferred months, traders said. The recent rally on hog futures continued to cool, as the market corrected after a […] Read more
U.S. livestock: Futures mixed as rally on hog futures slows
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) livestock futures ended the day mixed, with a lack of buying interest and light cash trade prompting dealers on Wednesday to sell their nearby live cattle contracts and buy the deferred months, traders said. Meanwhile, hog traders also took a cue from the cash market, as signs of an […] Read more
U.S. grains: Corn climbs as more hot, dry weather seen in U.S. Midwest
Reading Time: 2 minutes Chicago | Reuters – Chicago corn futures rose off a three-week low on Wednesday, as the prospect of further hot weather in the U.S. Midwest affecting yields this fall, while soybeans were boosted by hopes that trade talks between the United States and China could be revived. The most-active corn contract on the Chicago Board […] Read more
U.S. livestock: Futures rally on choppy grains, hopes for Chinese buying spree
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) live hog futures rallied on Tuesday, as competition among packers for spot delivery grew and animal weights slipped after the recent U.S. heat wave, traders said. Live cattle futures also inched up, supported in part by choppy trading in U.S. grain futures and growing questions of whether […] Read more
U.S. livestock: Cattle futures rally on corn futures slump
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) feeder cattle futures inched upward on Monday, as corn futures fell sharply and traders hoped that feed costs will continue to remain under pressure. Meanwhile, lean hog futures faced choppy trading on Monday as the market wrestles with continued expectations for – but no clear signs yet […] Read more
U.S. grains: Wheat gains for fourth week on Russia dryness
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures notched a fourth weekly gain on Friday — even after closing the day down 1.27 per cent — as lack of rain in Russia raised concerns over reduced yields in the world’s top exporter of the grain. Support also came from fears of production losses […] Read more
U.S. livestock: Futures end week on sour note
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures fell on Friday, pressured by fears that Mexico, a key importer of both U.S. beef and pork, will retaliate against President Donald Trump’s plans to roll out tariffs on imports from Mexico next week. The trade worries come as U.S. supplies of both hogs […] Read more
U.S. grains: Wheat rebounds on weather abroad
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures rose on Thursday, rebounding after two days of deep losses, with support from dry weather that is expected to reduce yields in Russia and Australia. Traders said they are monitoring wet conditions in the southern U.S. Plains and Midwest that threaten winter wheat quality, as well as the […] Read more
U.S. livestock: Corn rally drags on feeder cattle futures
Reading Time: 2 minutes Chicago | Reuters — A rally in corn prices sent feeder cattle futures sliding on the Chicago Mercantile Exchange (CME) on Thursday, while deferred live cattle futures inched upward earlier in the day on signs of short-covering, traders said. Corn futures were choppy early, as weather forecasts across the U.S. Midwest continued to show a […] Read more
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