Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures were mixed on Friday, with lean hogs sharply higher and live cattle narrowly lower in largely technically driven and spread trading, dealers said. Friday was the final day of the five-day roll for funds tracking Standard + Poor’s Goldman Sachs Commodity Index, and investors moving out of front […] Read more
U.S. livestock: Hogs up, live cattle decline on spreading
U.S. grains: Soybeans climb on persistent export demand
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Monday, with the benchmark November contract reaching its highest in a month on strong export demand for U.S. supplies, traders said. Wheat futures fell nearly three per cent, led by the spot September contract, while corn drifted lower in rangebound trade. At the Chicago Board of […] Read more
CME to include electronic trades in livestock settlement prices
Reading Time: 2 minutes Chicago | Reuters –– CME Group will begin including electronic trades in the calculation of daily settlement prices for its live cattle, feeder cattle and lean hog contracts, the exchange said in a letter to its livestock customers Monday. The change, which is considered a blended settlement, will take effect from Dec. 15, pending a […] Read more
U.S. livestock: Fund buying lifts CME live cattle to new high
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures hit a new high on Monday, sparked by active fund buying that triggered buy stops and short-covering, traders said. October closed up 2.85 cents per pound at 167.9 cents after earlier posting a new contract high of 167.925 cents in electronic trading (all figures US$). […] Read more
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