Reading Time: < 1 minute Lean hog futures dropped to their lowest price since January at the Chicago Mercantile Exchange on Tuesday as weakness in the Mexican peso fueled worries over demand in the biggest export market for U.S. pork, traders said.
U.S. livestock: Lean hogs hit January low on concerns over Mexican demand
Klassen: Feeder market hard to define on smaller volumes
Reading Time: 2 minutes For the week ending June 1, Western Canadian feeder cattle markets were relatively unchanged compared to the previous week. It’s that time of year when volumes are limited and the market can be quite variable from region to region.
U.S. grains: Corn and soy slip on positive crop progress outlook
Reading Time: 2 minutes Chicago Board of Trade corn and soybean futures fell on Monday on shaky demand, technical trading and expectations of strong seeding progress and crop condition for corn later in the day, traders said.
U.S. livestock: Lean hog futures fall after Mexican election
Reading Time: < 1 minute Chicago Mercantile Exchange (CME) lean hog futures ticked down on Monday as the Mexican peso fell, making it more expensive for Mexican importers to purchase U.S. pork.
U.S. livestock: Cattle futures continue slump amid demand questions
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) cattle futures turned lower for a third session on Friday, as technical trading at one point sent the most-active August live cattle LCQ24 contract dipping to a two-week low.
U.S. grains: Wheat, corn futures end week lower with Russian crop in focus
Reading Time: < 1 minute Forecasts for a smaller Russian wheat harvest due to persistent drought and frost pushed prices to a 10-month high of $7.20 a bushel this week. But by Friday, traders were less concerned about how much relief the well-timed rains might give the country's crop, analysts said.
U.S. grains: Wheat slips further from highs as Russia rain awaited
Reading Time: 2 minutes Chicago wheat futures turned lower for a second straight session on Thursday, falling from 10-month highs, as traders assessed whether rain forecast in parts of Russia would halt a rapid decline in harvest estimates for the world's top exporter.
U.S. livestock: Cattle turn lower as China allows some Russian beef imports
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) cattle futures turned lower for a second trading session on Thursday, even as the tight U.S. cattle supply and strength in the beef cutout values offered support, analysts said.
U.S. grains: Wheat loses steam after rally as traders eye Russian weather
Reading Time: 2 minutes Chicago wheat futures edged down on Wednesday as investors took profits after the recent rally and questions remained about whether forecasts for rain in Russia would stem a decline in harvest prospects in the world's biggest exporter.
U.S. livestock: Cattle lower on technical trading, JBS-China export news
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) cattle futures turned lower on Wednesday amid news that China has blocked U.S. beef exports coming from a JBS-owned plant in Colorado because traces of the feed additive ractopamine were identified in beef destined for China.
A message from April Stewart, Country Guide's Associate Editor
