Reading Time: 2 minutes Chicago | Reuters – Chicago corn and soybean futures sagged on Wednesday, retreating from multi-week highs on profit-taking and an uptick in the dollar, while a drop in soyoil futures added pressure, analysts said. Wheat futures followed the lower trend, with forecasts for rains in the southern U.S. Plains adding to bearish sentiment. Chicago Board […] Read more
U.S. grains: Grains off highs with fed in focus, soyoil down more than two per cent
U.S. livestock: Cattle, hog futures fall
Reading Time: 2 minutes Chicago cattle and hog futures fell for the second day running ahead of Friday’s cattle on feed report. Most-active December live cattle closed at 232.675 cents a pound, down 2.475 cents. October contracts settled at 231.100 cents a pound, down 2.350 cents. Most-traded October feeder cattle futures closed at 349.125 cents per pound, a loss […] Read more
U.S. livestock: Cattle and hog futures slide
Reading Time: 2 minutes Chicago cattle and hog futures slid on Tuesday as economic data showed signs of slowing U.S. household spending. Most-active December live cattle closed at 235.150 cents a pound, down 1.125 cents. October contracts settled at 233.450 cents per pound, down 1.150 cents. Most-traded October feeder cattle futures settled at 354.300 cents a pound, down 0.200 […] Read more
U.S. grains: Corn, soy, wheat futures rise as dollar sags; crop yields eyed
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade corn futures hit their highest in more than two months on Tuesday, buoyed by a weaker dollar and uncertainty about the size of the U.S. crop, analysts said. Soybeans drew support from optimism about U.S. trade talks with China, the world’s largest soy buyer, given news that […] Read more
U.S. grains: Corn sags as bumper US crop harvest advances, soybeans retreat
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade corn futures fell on Monday, retreating from a two-month high set on Friday, as market players focused on projections for a record-large U.S. harvest, analysts said. Soybean futures turned lower as worries resurfaced about export demand from top global buyer China. U.S. and Chinese officials met in […] Read more
U.S. livestock: Cattle futures rally, hogs rise
Reading Time: < 1 minute Chicago cattle futures rallied on Monday following losses in the previous trading session. Hogs also rose. Most-active December live cattle contracts closed at 236.275 cents a pound, up 4.350 cents. October live cattle settled at 234.600 cents a pound, up 4.625 cents. Most-traded October feeder cattle futures settled at 354.500 cents a pound, up 8.700 […] Read more
U.S. livestock: Cattle futures fall on expectations of US agriculture secretary announcement
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange cattle futures fell on investor expectations that U.S. Agriculture Secretary Brooke Rollins might announce a re-opening of the border with Mexico for cattle imports in a speech in Oklahoma on Friday. The U.S. is currently closed to cattle imports from Mexico because of an infestation south of the […] Read more
U.S. grains: Soybeans, corn jump after USDA’s monthly crop report
Reading Time: 2 minutes Chicago | Reuters – Chicago soybean and corn futures rose on Friday after the U.S. Department of Agriculture delivered a bearish, but unsurprising, monthly crop report. U.S. farmers will harvest the most acres of corn since 1933 and produce more of the grain than previously expected, even though crop yields will miss earlier forecasts, the […] Read more
U.S. grains: Corn, soybeans tick higher ahead of USDA report
Reading Time: < 1 minute Chicago | Reuters – Chicago corn and soybeans futures rose on Thursday as traders squared positions before a government crop report on Friday that will include closely watched U.S. corn and soybean harvest forecasts, analysts said. Wheat ticked higher on short covering, though swelling global supply hung over the market. The most active soybean contract […] Read more
U.S. livestock: Cattle futures bounce on short covering
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange cattle futures ticked higher on Thursday on a short-covering bounce, though a weaker cash market and concerns around consumer demand for beef continued to weigh on the market. Cattle futures also benefited from rising grains futures, which steadied ahead of the U.S. Department of Agriculture’s monthly supply and […] Read more
A message from April Stewart, Country Guide's Associate Editor
