CME January 2019 feeder cattle with 20-day moving average. (Barchart)

U.S. livestock: February hogs down, cattle up ahead of USDA data

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle futures edged higher while hog futures eased slightly on Thursday as traders awaited the release of two key U.S. government reports. The U.S. Agriculture Department reports, released after the market closed, showed that the U.S. hog herd was slightly lower than analysts were expecting, at 102 per […] Read more

(Ablokhin/iStock Editorial/Getty Images)

CBOT weekly outlook: Higher prices don’t jibe with corn, soy production

Reading Time: 2 minutes CNS Canada — Trade is starting to slow down for the holiday season at the Chicago Board of Trade, which has corn and soybean traders looking at the larger picture. Scott Capinegro, a broker with Barrington Commodities at Barrington, Ill., believes prices for corn and soybeans are currently too high. “(The world) continues to plant, […] Read more


CBOT March 2019 corn futures with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soybeans rise as China buys more U.S. shipments

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose for a second straight session on Tuesday as Chinese importers booked U.S. shipments in the second wave of purchases since striking a trade war truce with Washington earlier this month. Corn also firmed as traders anticipated import purchases by China as part of the detente, which included […] Read more

(Photo courtesy United Soybean Board)

U.S. confirms China soybean purchase, but no clarity over more sales

Reading Time: 3 minutes Chicago/Washington | Reuters — U.S. government officials on Thursday hailed China’s first meager purchase of U.S. soybeans since its trade war with the United States began in July and said they hoped for, but could not guarantee, more to come. The U.S. Department of Agriculture (USDA) announced private sales of 1.13 million tonnes of U.S. […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle climb on technical buying, demand optimism

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained about one per cent on Tuesday, lifted by technical buying and optimism for the continued robust demand for cattle and beef, traders and analysts said. Cattle futures shrugged off three straight sessions of declines to rise to the highest levels in about a week. […] Read more

(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy climbs on hopes for China buying

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures closed higher on Tuesday as traders anticipated potential Chinese purchases of U.S. agricultural products, and shrugged off a bearish monthly global soy inventories report from the U.S. Department of Agriculture. Corn firmed, led by soybeans, but wheat futures fell after USDA raised its forecasts of U.S. and global […] Read more


(USDA.gov via Flickr)

USDA keeps domestic soy stocks view steady

Reading Time: 2 minutes Chicago | Reuters — The U.S. Agriculture Department on Tuesday left its estimate for domestic soybean supplies unchanged but boosted its outlook for world stocks amid rising expectations for the South American crop. U.S. soybean ending stocks for the 2018-19 marketing year were pegged at 955 million bushels, the government said in its monthly supply […] Read more

CBOT March 2019 wheat with 20-day moving average. (Barchart)

U.S. grains: Soy, wheat decline on persistent demand worries

Reading Time: 2 minutes Chicago | Reuters — U.S. soy and wheat futures fell on Monday on positioning ahead of a monthly U.S. Department of Agriculture crop supply/demand report and uncertainty about the ongoing U.S.-China trade dispute, traders said. A higher dollar added pressure, making U.S. grains less competitive on global markets. Corn followed the weak trend but found […] Read more


CBOT January 2019 soybeans, with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soybeans firm on China trade hopes

Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures firmed for the fifth time in six sessions on Friday on solid weekly export sales data and short-covering ahead of the weekend as the market waited for signs that China may soon resume purchases from the United States. Corn also advanced and wheat climbed to a 5-1/2 week […] Read more