Reading Time: 2 minutes Chicago Mercantile Exchange cattle futures touched their highest prices since November on Wednesday after severe winter weather has slowed weight gains for livestock and disrupted slaughtering, analysts said.
Tag Archives exports
U.S. livestock: Cattle futures hit November highs as traders focus on harsh US winter
Lean hogs ended slightly up after early plunge
U.S. grains: Soybean futures firm as traders wrestle with Brazilian output forecasts
Conflicting South American soy crop forecasts roil trade; market processing USDA crop production report
Reading Time: < 1 minute Chicago Board of Trade soybean futures ended higher on Tuesday on a technical bounce, amid a day of volatile trading and a flurry of news with conflicting pricing guidance, traders said.
U.S. grains: Corn plunges on robust supplies, sluggish US demand
Soybeans fell to lowest price in 26 months on larger Brazilian crops, U.S. yield
Reading Time: 2 minutes Chicago corn futures plunged to a three-year low on Friday after the U.S. Department of Agriculture reported that U.S. corn stocks swelled to their highest levels since 2018
U.S. livestock: live cattle, lean hogs fall amid weather, demand woes
Feeder cattle firmed amid dropping corn futures
Reading Time: < 1 minute Chicago Mercantile Exchange lean hog and live cattle futures were mostly down on Friday as concerns about winter weather and sluggish export demand had some investors shedding their positions.
Feds pledge up to $26.3 million for expansion at Port Windsor
Project expected to significantly increase ADM's capacity at the Great Lakes port
Reading Time: < 1 minute A project to expand the Archer Daniels Midland (ADM) Company's Port Windsor terminal got a federal cash boost yesterday.
U.S. livestock: Cattle futures rise as icy weather threatens US herds
Lean hog futures also finished higher
Reading Time: < 1 minute Cattle futures jumped at the Chicago Mercantile Exchange on Thursday on concerns over frigid temperatures that threaten U.S. herds, analysts said.
U.S. grains: Soy futures near two-year lows as traders await US crop reports
Corn futures eased; wheat futures also slumped
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.
U.S. livestock: Live cattle dip in nearby contract; US beef plants reopen
Deferred live cattle futures and feeder cattle futures finished stronger
Reading Time: 2 minutes Live cattle futures eased slightly in the front-month contract on Wednesday as U.S. slaughtering began to recover from disruptions due to extreme winter weather earlier this week.
U.S. grains: Soybeans fall on demand concerns, Brazilian crop outlook
Corn, wheat futures were steady to up
Reading Time: 2 minutes Chicago soybean futures fell on Wednesday, shedding gains from the previous session, amid growing market concerns about export demand and improving weather for Brazil's oilseed crop.
CBOT weekly outlook: Big surprises unlikely in S/D report
Watch out for which side of two billion bushels U.S. corn carryout lands, analyst says
Reading Time: 3 minutes Ahead of the monthly report from the United States Department of Agriculture on Jan. 12, Allendale Inc. president Steve Georgy said he’s not expecting any major surprises for U.S. corn, soybeans or wheat at this point in the 2023/24 marketing year.