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CBOT May 2023 soft red winter wheat with 20-day moving average, MGEX May 2023 hard red spring wheat (yellow line) and K.C. May 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat up on Cargill’s Russia decision

Corn firm ahead of U.S. planting report; soy up on Argentina concerns

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Reading Time: 2 minutes Reuters — Chicago wheat futures rallied and closed higher on Wednesday, after global grain trader Cargill said it would take a further step back from the Russian market by no longer handling the top wheat supplier’s grain at its export terminal from July. Cargill’s shipping unit will continue to carry grain from the country’s ports, […] Read more
CME April 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle hit three-week peak on tightening U.S. supply

Weak cash prices drag on hog futures

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures marched to a three-week high on Wednesday on expectations for tighter U.S. supplies, analysts said. Feeder cattle futures also advanced, while lean hogs softened. Technical buying helped support live cattle, analysts said, after a drop near eight-week lows last week was seen as overdone. The […] Read more
CBOT May 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans, wheat gain on planting doubts

CBOT corn steadies

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Reading Time: 2 minutes Reuters — U.S. wheat and soybean futures closed higher on Tuesday and corn closed nearly flat as traders had doubts about planting delays and adverse weather with an eye toward a key U.S. crop seedings report at the end of the week. Traders squared positions as they looked ahead to Friday’s annual U.S. Agriculture Department […] Read more
CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle futures top two-week highs

Chicago lean hog futures ease

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures topped another two-week high on Tuesday before finishing slightly firmer, while lean hog futures ended lower. Technical buying helped support gains in cattle, as the market has rebounded after nearing a two-month low last week, brokers said. A smaller U.S. cattle herd is also supportive […] Read more
CME June 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle exceed two-week highs in rebound

Lean hogs up off last week's lows

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed stronger and touched their highest prices in more than two weeks on Monday as livestock markets recovered from recent losses, analysts said. The Dow and S+P 500 also ended higher, after turmoil in the banking sector recently weighed on equity and commodity markets. Cattle […] Read more
CBOT May 2023 soft red winter wheat with 20-day moving average, MGEX May 2023 hard red spring wheat (yellow line) and K.C. May 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Chicago grains up on U.S. planting uncertainty

Hard wheats 'leading the way'

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Reading Time: 2 minutes Mexico City | Reuters — Chicago corn futures reversed losses to close higher on Monday on concerns about U.S. planting delays, and wheat and soy also made gains. Corn made its comeback later in the session as traders speculated on weather conditions and planting schedules for springtime crops as cold temperatures linger in the northern […] Read more
Photo: Thinkstock
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hog futures recover after ‘complete downhill slide’

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange lean hog futures ended higher on Friday as the market recovered after sliding to life-of-contract lows this week. The market was due for a bounce as losses were overdone, brokers said. “We’ve been on just about a complete downhill slide,” said Karl Setzer, brokerage research lead at Mid-Co […] Read more
Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: Chicago grains higher after week of Black Sea doubts, China demand

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Reading Time: < 1 minute Reuters – Chicago wheat rallied on Friday amid market talk of Russia possibly halting wheat exports, while corn futures continued to climb and closed higher for the second week in a row on hearty Chinese demand. Russian business newspaper Vedomosti reported that Moscow could recommend a temporary halt in wheat and sunflower exports. Later, though, sources told Reuters that […] Read more
CBOT May 2023 corn with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Chicago corn, wheat reverse gains to close lower

Export sales of wheat, soybeans fall below forecasts

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Reading Time: 2 minutes Mexico City | Reuters — Chicago corn futures reversed session gains to close lower Thursday, with the most-active contract hitting its highest price since February on a boost from Chinese demand. Wheat futures also closed lower in rangebound trade after earlier gains, pressured by disappointing export data and inter-market spreading against K.C. wheat futures, traders […] Read more
CME April 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs slide to new contract lows, finish mixed

April live cattle down, feeders up

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures crumbled to new life-of-contract lows on Thursday, before finishing mixed, on concerns about poor demand for U.S. pork, analysts said. The market has tanked since last week, with additional pressure stemming from weak cash prices and larger-than-expected supplies of hogs. The front-month contract is down […] Read more

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