Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to a 1-1/2-week low on Monday on technical selling and on concerns about demand from China as the world’s top soy importer remains locked in a tariff war with the United States. Wheat also fell after Russia, the world’s top supplier, left its export forecast unchanged despite […] Read more
U.S. grains: Soybeans sink on weak China trade data
U.S. livestock: Hogs rise on China hopes
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures were mostly higher on Tuesday, supported by prospects for improving export demand, traders said. The market was waiting for a pickup in deals from China due to the spread of African swine fever there. “That hope is still out there, but it’s elusive, and it’s up […] Read more
U.S. livestock: Hogs slump on technical selling, cattle rebound
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for a fourth consecutive session on Tuesday led by the actively traded February contract, which hit a 4-1/2-week low on pressure from its premium over cash hog prices. Ample hog and pork supplies weighed on nearby futures contracts, while losses in deferred months were […] Read more
U.S. livestock: Lean hogs drop on technical selling
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for a third straight session on Monday as technical selling and profit-taking dragged prices to a 4-1/2-week low. Another steep sell-off in equities markets also stoked concerns that meat demand may not meet earlier expectations over the coming months. “Today we sucked more futures […] Read more
U.S. livestock: Lean hogs rebound on demand hopes, pork margins
Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures rebounded on Wednesday after two sessions of declines as improving meat packer margins and hopes for more pork sales to China buoyed the market. Traders are anticipating more pork sales to China following surprise sales to the world’s largest hog and pork market last week. Washington and […] Read more
U.S. livestock: CME lean hogs slip on trade truce worries
Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures fell for a second consecutive session on Tuesday on concern over a trade truce agreement reached over the weekend between the U.S. and China, the world’s top hog and pork market. Global stock markets tumbled on Tuesday as optimism waned that the U.S. and China could quickly […] Read more
U.S. livestock: Lean hogs sag on technical selling, soft cash
Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures closed mostly lower on Wednesday, with the benchmark February contract declining for a third straight session on technical selling and weak cash values, traders said. Chicago Mercantile Exchange February lean hog futures settled down 0.55 cent at 64.5 cents/lb. after the contract dipped below its 50-day moving […] Read more
U.S. livestock: Lean hogs drift lower on weak cash values
Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures closed mostly lower on Tuesday, with the benchmark February contract falling for the fourth session out of the last five after hitting a contract high last week. “The cash market continues to struggle. It’s a battle between reality and the ASF (African swine fever) headlines,” said Craig […] Read more
U.S. livestock: Cattle, hogs gain in thin trading on demand optimism
Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures were higher on Friday, with lean hogs rising sharply and cattle notching relatively smaller gains as each market was buoyed by hopes of better meat demand, traders said. Hog futures on the Chicago Mercantile Exchange continued to rise on expectations that the spreading African swine fever virus in […] Read more
CBOT weekly outlook: Markets quiet heading into holidays
Reading Time: 2 minutes CNS Canada — Traders aren’t expecting much to move corn and soybean markets in upcoming weeks as the U.S. moves into holiday mode. “These markets are going to just be very choppy and of course we’re going into December and nobody likes to work (during the holiday season). There’s more parties, Washington goes on Christmas […] Read more
A message from April Stewart, Country Guide's Associate Editor
