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(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Live cattle climb seventh straight session

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle rose on Monday for the seventh consecutive session, boosted by improved wholesale beef demand and futures’ discounts to recent cash prices, traders said. They said speculative buying and buy stops drove deferred contracts to fresh highs. April live cattle closed 1.05 cents/lb. higher at 126.425 cents […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy rebounds from one-year low

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose nearly one per cent on Wednesday on bargain buying and short-covering, one day after a U.S. government forecast for record global soy inventories pushed the front contract to its lowest level in a year. Corn futures advanced as traders focused on uncertain planting weather in the U.S. […] Read more
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soybeans, corn watching weather

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Reading Time: 2 minutes CNS Canada — Soybean futures at the Chicago Board of Trade fell to their lowest levels of the past year on Tuesday, but bounced off of those lows as new-crop uncertainty and chart-based buying provided support. The U.S. Department of Agriculture forecast larger-than-expected world and U.S. soybean ending stocks in its monthly supply/demand report, which […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle hit 2-1/2-week highs

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures jumped to a 2-1/2 week peak on Tuesday while lean hogs were mostly higher on support from investment fund buying linked to big gains in wholesale beef prices, traders and analysts said. Most-active Chicago Mercantile Exchange June live cattle futures gained for the fifth straight session, settling […] Read more
(Photo courtesy United Soybean Board)
Crops, Markets, Reuters

U.S. grains: Soy falls to one-year low

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to the lowest levels in a year on Tuesday after the U.S. Department of Agriculture raised its estimates of South American crops and domestic soy ending stocks. Corn futures closed modestly lower while wheat ended higher as traders covered short positions. Chicago Board of Trade May soybean […] Read more
(Dave Clark photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Corn firms on short-covering

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures climbed about two per cent on Monday on short-covering ahead of the Midwest planting season and chart-based buying, analysts said. Wheat futures were also higher on short-covering while soybeans closed almost flat, retreating from early advances. Chicago Board of Trade May corn settled up 7-1/2 cents at $3.67 […] Read more
(Allan Dawson photo)
Crops, Markets, Reuters

U.S. grains: Corn sags, soy posts longest weekly skid in 30 months

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures drifted to a one-week low on Friday as traders adjusted positions ahead of a monthly U.S. government report that analysts expect to show rising grain inventories and big South American crops. Soybeans closed narrowly mixed but the most-active contract posted a fifth weekly decline, its longest losing streak […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Bargain buying rallies CME hogs

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed higher on Thursday after bargain buying lifted futures from four-month lows, said traders. They said buy stops and deferred-month technical buying furthered market advances. April hogs ended up 0.3 cent/lb. to 63.925 cents, and May 1.2 cents higher at 69.55 cents (all figures US$). “We […] Read more

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