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U.S. grains: Wheat recovers on short covering, soy continues to fall

Reading Time: 2 minutes Chicago | Reuters – Chicago wheat futures found their footing on Thursday on short covering but remained near eight-week lows after China cancelled purchases from the United States and as large harvests in Argentina and Australia poured new grain into a well-supplied market, analysts said. Soybean futures continued the previous day’s fall on long liquidation […] Read more

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U.S. livestock: Cattle futures lower on falling beef prices, selling

Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures tipped lower on Thursday as falling wholesale boxed beef prices and long liquidation pressured the market, analysts said. A decline in boxed beef prices has made meatpackers, whose margins continue to remain in the red, less willing to pay up for cattle. “The […] Read more






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U.S. livestock: Hogs, cattle fall

Reading Time: < 1 minute Chicago Mercantile Exchange livestock futures fell across the board on Wednesday. Most-active February live cattle futures closed at 229.550 cents a pound, down 1.150 cents. April contracts also fell by 1.150 cents to settle at 229.125 cents. Most-active January feeder cattle contracts closed at 341.525 cents per pound, a loss of 1.800 cents. March futures […] Read more


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U.S. grains: Wheat sets fresh eight-week low as ample global supply continues to weigh

Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade wheat futures fell for a fourth consecutive session on Wednesday, setting a new eight-week low, as ample supply and progress in peace talks between Russia and Ukraine triggered selling by speculative investors. Corn futures firmed on export demand, though pressure from the wheat market continued to weigh […] Read more