Reading Time: 2 minutes Chicago Board of Trade wheat futures reached a 12-week high on Friday as escalating tensions in Russia's war with Ukraine increased uncertainty about Black Sea exports.
U.S. grains: CBOT wheat hits 12-week peak on Black Sea tensions
U.S. livestock: Profit-taking pushes down CME cattle futures after gains
Reading Time: 2 minutes Traders booked profits ahead of the weekend, after the markets previously found support from gains in equities and improved processor margins that should boost demand for slaughter-ready cattle. Beef processors were earning $54.30 for each head of cattle they slaughtered, after losing money on each animal just a month ago, HedgersEdge.com data shows.
U.S. grains: Corn ends higher despite USDA raising US yield outlook
Reading Time: 2 minutes Chicago Board of Trade corn futures ended higher on Thursday, rebounding from a drop to near two-week lows after the U.S. Department of Agriculture (USDA) raised its estimate of the U.S. corn crop, traders said.
U.S. grains: Wheat climbs to one-week high; soy, corn firm ahead of USDA data
Reading Time: 2 minutes U.S. wheat futures hit a one-week high on Wednesday, supported by signs that supply pressure from the Black Sea export region may be easing, analysts said.
U.S. livestock: Live cattle futures end lower in consolidation
Reading Time: < 1 minute Chicago Mercantile Exchange live cattle futures closed lower on Tuesday, consolidating after Monday's bounce, while feeder cattle futures firmed as corn prices declined, signaling cheaper feed costs.
U.S. grains: Soybeans to 1-week low on better-than-expected crop ratings
Reading Time: 2 minutes Chicago soybean futures fell to a one-week low on Tuesday, with the benchmark contract Sv1 retreating back under $10 a bushel as better-than-expected U.S. crop ratings bolstered production prospects and eased worries about recent dry weather.
U.S. grains: Soybeans climb on export demand, dry weather in US and Brazil
Reading Time: 2 minutes U.S. soybean futures rose about one per cent on Monday, supported by fresh export demand, dry weather in the Midwest crop belt and uncertainty about the start of planting in Brazil, traders said.
U.S. livestock: Cattle futures rally in turnaround from slide last week
Reading Time: 2 minutes Chicago Mercantile Exchange live cattle and feeder cattle futures rallied on short covering on Monday, analysts said, as the markets recovered from a slide last week.
USDA forecasts smaller drop in 2024 farm income
Reading Time: 2 minutes Chicago | Reuters – U.S. farm income will fall for a second consecutive year in 2024, but not as much as previously expected as prices of livestock and egg products boom and production expenses ease, the U.S. Department of Agriculture said on Thursday. Declining farm income could ripple across the rural economy in a presidential […] Read more
U.S. grains: Wheat rises on European supply issues, corn and soy on greater demand
Reading Time: 2 minutes Chicago wheat rose on Friday, and registered its biggest weekly gain in more than three months on concerns over lower production in Europe.
A message from April Stewart, Country Guide's Associate Editor
