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CBOT December 2022 soft red winter wheat (candlesticks) with 20-day moving average (green line), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat drops as USDA raises global supply view

USDA lifts U.S. corn, soy yield views; stocks still tight

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell on Wednesday after the U.S. Department of Agriculture (USDA) unexpectedly raised its global supply outlook in a monthly report, citing larger crops in Australia, the U.K. and Kazakhstan that offset lower Argentine and EU production. A firmer U.S. dollar also weighed on wheat, along with optimism about […] Read more
CBOT December 2022 soft red winter wheat with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat, corn, soy ease as traders await crop data

Wheat traders eye Black Sea supplies

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Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures on Tuesday eased on long liquidation ahead of the release of widely followed government crop forecasts on Wednesday, analysts said. The wheat market also grappled with Black Sea supply prospects as Ukraine sought to expand a grain deal allowing exports from Black Sea ports. The most-active […] Read more
CME December 2022 lean hogs with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs end lower, consolidate after rally

December live cattle futures flat

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures pulled back on Tuesday as the market consolidated after climbing nearly five per cent during the previous session, brokers said. CME December hogs closed 1.475 cents, or 1.7 per cent, lower at 85.575 cents/lb. (all figures US$). Wholesale pork prices were also lower. The U.S. […] Read more
CME December 2022 lean hogs with 20-, 50- and 200-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs rally on bargain buying

Chicago live cattle firm

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures jumped nearly five per cent on Monday on bargain buying after the benchmark December contract on Friday dipped to its lowest in nearly three weeks, traders said. CME December hogs settled up 4.075 cents at 87.05 cents/lb., surging in early moves after the contract was […] Read more
CBOT January 2023 soybeans (candlesticks) with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans, corn sag on worries about China demand

Upcoming USDA data in focus

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures dropped on Monday, retreating from a six-week high, pressured by fears about export demand after top buyer China denied it was considering easing its stringent zero-COVID policy. Traders were also adjusting positions ahead of monthly supply-and-demand reports due at mid-week from the U.S. Department of Agriculture (USDA). Wheat […] Read more
Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hog, live cattle futures sag in technical moves

Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange lean hog futures declined on Friday, with the benchmark December contract hitting a near three-week low in what appeared to be featureless technical selling, traders said. CME December hogs LHZ2 settled down 0.400 cent at 82.975 cents per lb after touching 82.825, the lowest since Oct. 17, and falling below […] Read more
Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: Soy, grains climb as energy prices rise, dollar cools

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Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures climbed to a six-week high on Friday as soyoil futures reached their highest level since June, buoyed by strong energy prices along with optimism about demand from China, the world’s top soy buyer, traders said. Wheat and corn followed broad strength in the commodities sector as the dollar […] Read more
Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle bounce from two-week low in most-active contract

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures finished higher on Thursday in the most-active contract, after shaking off a two-week low hit earlier in the session, traders said. Other contracts ended mixed, as the market took a breather following a recent rally in cash cattle prices, brokers said. Cash cattle on Thursday […] Read more
Photo: iStock/Getty Images
Crops, Markets, Reuters

U.S. grains: Soybeans end lower, halting win streak; corn, wheat also slide

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Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures closed lower on Thursday, pausing after a seven-session climb as lackluster U.S. export sales and macroeconomic worries weighed on prices, traders said. Corn and wheat also declined, with a sharply higher dollar hanging over the grain complex. Chicago Board of Trade January soybeans SF3 settled down 17 cents at $14.37 […] Read more
Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: Wheat slumps as Russia says it will resume Black Sea grain deal

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Reading Time: 2 minutes Paris/Chicago | Reuters – Wheat futures plummeted from Chicago to Europe on Wednesday after Russia said it would resume its participation in a deal to export grain from war-torn Ukraine, a reversal of its weekend decision to pull out of the deal in a move that had sent wheat futures surging higher. Corn followed wheat lower on the Black Sea […] Read more

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