Reading Time: 2 minutes U.S. corn futures sank to their lowest level in more than three years on Monday and soybean futures set a two-year low as steep declines in crude oil prices spilled over into agricultural markets.
U.S. grains: Corn, soy hit multi-year lows as oil sinks, rains aid Brazil crops
Concerns over Chinese demand for U.S. soybeans and wheat hung over the futures markets
U.S. livestock: Hogs extend gains after rally, end up 3 per cent for the week
Live cattle slipped somewhat but ended the week up 1.2 per cent
Reading Time: 2 minutes Technical buying and short covering boosted lean hog futures at the Chicago Mercantile Exchange on Friday, traders said, extending gains a session after the market climbed by its daily maximum.
U.S. grains: Soy sags for third week on Brazil rains; corn hits contract low
Corn futures set a contract low; wheat prices advanced
Reading Time: 2 minutes Chicago Board of Trade soybean futures crumbled to their lowest prices since June on Friday and declined for a third consecutive week as much-needed rains hit dry growing areas in Brazil.
U.S. grains: Improved Brazilian crop weather knocks down CBOT soybeans
Wheat futures rebounded from one-month low; corn stabilized
Reading Time: 2 minutes Chicago Board of Trade soybean futures extended recent losses on Thursday as the market remained under pressure from rains in dry areas of Brazil and expectations for more beneficial showers.
U.S. livestock: Lean hogs finish weaker, set another contract low
Packers losing money processing beef due to tight supply
Reading Time: < 1 minute Chicago Mercantile Exchange lean hog futures set contract lows for a second consecutive session on Wednesday under pressure from ample supplies.
CBOT weekly outlook: Soybeans, grains looking bearish to start 2024
Corn consistently below moving averages a bearish sign says analyst
Reading Time: < 1 minute Soybean, corn and wheat futures all came under pressure to start 2024, with the path of least resistance pointing lower still despite the potential for some end-user bargain hunting.
U.S. grains: Soy futures recover from June low as rains benefit Brazil crops
A two-week high in the U.S. dollar also hung over agricultural markets
Reading Time: 2 minutes Chicago Board of Trade soybean futures ended firmer on Wednesday, as the market recovered after favorable rains in Brazilian crop areas sent the market to its lowest levels since June.
U.S. livestock: CME cattle hit November highs as lean hogs set contract lows
Large supplies of hogs continue to pressure futures, analysts said
Reading Time: < 1 minute Cattle futures stormed higher at the Chicago Mercantile Exchange (CME) on Tuesday, boosted by firmer U.S. cash trading last week, while hog futures set contract lows.
U.S. grains: Soy futures fall to June low on improved Brazilian crop weather
Corn set a contract low in front-month futures; wheat futures declined
Reading Time: 2 minutes U.S. soybean futures slid to their lowest level since June on the first trading day of the year, after rains hit dry areas of Brazil and forecasts called for more showers.
Klassen: Feeder market quiets at year-end
Feeding margins have moved into negative territory, setting a negative tone for replacements
Reading Time: 2 minutes The last full week of 2023 was characterized by lower volumes and limited buying interest. Feedlot operators don’t want to weigh down schedules of hired hands over the holidays. Many auction barns were closed for the season while some held bred cows and bred heifer sales.
A message from April Stewart, Country Guide's Associate Editor
