Reading Time: 2 minutes U.S. corn and soybean futures hovered near three-year lows on Friday as South American crop weather improved and forecasts called for plentiful supplies, but losses were limited by short covering ahead of the weekend.
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U.S. grains: Soybeans, corn stuck near 3-year lows on abundant supplies
Wheat futures higher on bargain buying, short covering
U.S. livestock: Live cattle, nearby feeder cattle futures firm
Lean hog futures bounce back from early lows
Reading Time: 2 minutes Chicago Mercantile Exchange live cattle and nearby feeder cattle futures turned higher on Thursday, supported by weakness in the corn market Cv1 and anticipation that the cash market will continue to firm, traders said.
U.S. grains: Soybeans turn higher, grains lower, on raft of government data
Falling Russian prices weigh over wheat futures; U.S. poised to regain title of top corn exporter
Reading Time: 2 minutes Chicago Board of Trade soybean futures ended the day higher on Thursday on a flurry of late-session buying, as the market struggled to gain clarity on the size of the Brazilian crop, traders said.
U.S. grains: Corn, soybeans touch new multi-year lows on grain glut worries
Easing heat wave in Argentina tempers crop worries
Reading Time: 2 minutes Chicago corn prices dipped to a new three-year low on Wednesday, as weather charts showed a hot, dry spell in Argentina will give way to widespread rain in the coming days, traders said.
U.S. livestock: Cattle futures lower, hogs mixed on technical trading
Traders expect this week's prices in cash market to be higher than last week
Reading Time: < 1 minute Chicago Mercantile Exchange cattle futures turned lower on profit-taking on Wednesday, even as rising wholesale beef prices and a firming cash market continued to offer support to the market, traders said.
U.S. grains: Soybeans firm on bargain-buying ahead of USDA report
Wheat futures rose while corn ended lower on forecasts for rain in Argentina
Reading Time: < 1 minute U.S. soybean futures firmed on Tuesday for a second straight session as short-covering and technical-buying fueled a bounce from multi-year lows a day earlier, though concerns about weak demand limited gains.
U.S. grains: Soybeans move higher on technical trading ahead of government reports
Strong dollar weighed heavy on wheat; corn pressured by sluggish exports
Reading Time: < 1 minute Chicago Board of Trade soybeans futures on Monday rose on technical trading ahead of a slew of key government crop reports, after the most-active contract Sv1 touched the lowest price since December of 2020, traders said.
U.S. livestock: CME cattle futures turn lower on profit-taking
Lean hogs also turn lower after recent rally faced fundamental resistance
Reading Time: < 1 minute Chicago Mercantile Exchange cattle futures ended the day lower on Monday, as market participants sought to take profits after live cattle futures hit a nearly three-month high in the previous session, traders said.
U.S. grains: Soy, corn futures under pressure as jobs data lifts US dollar
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade soybean futures fell about one per cent on Friday and corn also declined as the dollar .DXY soared after a much stronger-than-expected monthly U.S. jobs report reduced expectations of near-term Federal Reserve interest rate cuts. “When that jobs report came out, the U.S. dollar shot up, and that seemed […] Read more
U.S. livestock: CME cattle soar as cash markets firm
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures jumped on Thursday, buoyed by rising cash cattle prices and a government inventory report confirming that the total number of U.S. cattle fell to a 73-year low. CME April live cattle futures LCJ24 settled up 2.475 cents at 183.175 cents per pound, nearing Monday’s 2-1/2-month high of […] Read more