Reading Time: 2 minutes Chicago grains took a dive on Friday, following a closely watched U.S. government crop report and the release of export data that could provide clues into Chinese buying.
U.S. grains: CBOT soybeans, corn, wheat fall in USDA data aftermath
U.S. livestock: Cattle, hog futures rise on first WASDE since September
Reading Time: < 1 minute Chicago cattle and hog futures made modest gains on Friday after the USDA released its first World Agricultural Supply and Demand Estimates (WASDE) since the the U.S. government shut down on October 1. Most-active February live cattle futures rose by 0.575 cents to close at 219.525 cents a pound. December contracts settled at 219.150 cents […] Read more
U.S. grains: Soy hits 17-month high, corn to four-month top as trade braces for U.S. data
Reading Time: 2 minutes Chicago Board of Trade soybean futures rose on Thursday to their highest in nearly 17 months as traders awaited a U.S. government crop report that was expected to lower yield estimates, while also bracing for the resumption of export data to give clues on Chinese buying.
U.S. livestock: Cattle futures continue downward
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were weaker on Thursday, as a lack of fresh news continued to weigh on values. The December live cattle contract dropped 6.275 cents per pound at 219.000 cents. Feeder cattle fell 9.025 cents in the January contract at 318.450 cents per pound. The U.S. Department of Agriculture reported […] Read more
U.S. grains: Soybeans rise on China demand hopes; corn and wheat rebound
Reading Time: 2 minutes Chicago Board of Trade soybean, corn and wheat futures rose on Monday on signs of progress towards the end of a record-long U.S. government shutdown, along with expectations of a revival of U.S. soybean exports to China, analysts said.
U.S. livestock: Hogs rebound, cattle hit upward limits
Reading Time: < 1 minute Chicago hog futures rallied on Monday after a long slide. Cattle futures also jumped with all feeder contracts hitting upward limits. Most-active December lean hog contracts closed at 82.775 cents a pound, up 3.375 cents. February futures settled at 82.825 cents per pound, up 3.475 cents. Pork carcass cutout value ended the afternoon at $100.22 […] Read more
U.S. livestock: Cattle, hogs end week on high note
Reading Time: < 1 minute Cattle contracts and nearby hog futures ended the week on a high note after a week rife with losses. Most-traded December lean hog futures closed at 79.400 cents a pound, up 0.425 cents. February contracts lost 0.475 cents to settle at 79.350 cents per pound. The USDA reported pork carcass cutout value at $98.98 per […] Read more
U.S. grains: Soybeans bounce as Chinese demand assessed, wheat drops
Reading Time: 2 minutes Chicago soybean prices firmed on Friday in a bargain-buying bounce after a sharp fall on Thursday, as traders assessed prospects for more U.S. sales to China after the trade war truce between the countries.
U.S. livestock: Cattle futures slow descent
Reading Time: < 1 minute Chicago cattle futures fell on Thursday but to a lesser degree compared to Wednesday’s limit-down drop. Most-active December live cattle closed down 1.750 cents to 218.775 cents per pound. February contracts settled at 216.750 cents a pound, down 1.375 cents. Most-active January feeder contracts closed down 4.375 cents at 315.600 cents a pound. March contracts […] Read more
U.S. grains: Soybeans, wheat plummet from highs on limited Chinese demand
Reading Time: 2 minutes Chicago soybean and wheat futures took a nosedive on Thursday, retreating from multi-month highs, as signs of only limited Chinese purchases from the United States tempered optimism about fresh demand following a bilateral trade truce.
A message from April Stewart, Country Guide's Associate Editor
