Reading Time: 2 minutes Chicago Board of Trade soybean futures ended flat on Thursday and remained near their lowest level since December 2021 amid lackluster demand for U.S. exports and an improved South American supply outlook.
Corn futures eased; wheat futures also slumped
Deferred live cattle futures and feeder cattle futures finished stronger
Corn, wheat futures were steady to up
Lean hogs rose on hopes that U.S. cash prices had reached bottom
Concerns over Chinese demand for U.S. soybeans and wheat hung over the futures markets
Live cattle slipped somewhat but ended the week up 1.2 per cent
Corn futures set a contract low; wheat prices advanced
Wheat futures rebounded from one-month low; corn stabilized
Packers losing money processing beef due to tight supply
A two-week high in the U.S. dollar also hung over agricultural markets