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. grains: Corn plunges on robust supplies, sluggish US demand
Soybeans fell to lowest price in 26 months on larger Brazilian crops, U.S. yield
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.
US corn stocks swell as world recovers from tighter supplies
Global corn ending stocks are projected to hit a six-year high in 2023/34
Reading Time: 2 minutes U.S. corn inventories last month swelled to their largest level since 2018, the U.S. Department of Agriculture said on Friday, as global supplies recover from multi-year lows.
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.
U.S. grains: Soybean and corn futures rebound from multiyear lows
Wheat futures jump after a sharp drop on Monday
Reading Time: 2 minutes Chicago Board of Trade soybean and corn futures rebounded on Tuesday on short covering and technical buying after sliding to multiyear lows earlier in the session.
Klassen: Cattle producers anxious about 2024
No sales the first week of 2024 as markets assess inventory, plan strategy
Reading Time: 2 minutes The holiday break for the cattle market is analogous to an the intermission between periods of hockey game. Feedlot operators assess inventory and to focus on the market structure. They’re planning their purchase strategy for the next couple months.
U.S. livestock: CME live cattle retreat from one-month high, traders eye US weather
Lean hogs rose on hopes that U.S. cash prices had reached bottom
Reading Time: 2 minutes Live cattle futures on Monday rose to their highest level in more than a month before retreating as traders waited to see the impact of wintry weather on livestock in the central U.S.
A message from April Stewart, Country Guide's Associate Editor
