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

U.S. grains: Corn sags for fifth straight session on lacklustre demand

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures fell on Monday for a fifth straight session, retreating from early advances as concerns about weak demand pressured the market, traders said. Soybean futures sagged on larger-than-expected deliveries against futures while wheat futures were mostly higher. At the CBOT, the most active May corn contract […] Read more
(Keith Weller photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Hefty supply pushes soy to 10-week low

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Friday, with the nearby contract touching its lowest level in more than 10 weeks, under pressure from hefty global supplies, while soybean meal futures approached a six-year low. Expanding inventories and concerns about sluggish demand also pushed front-month corn futures to their lowest price in more […] Read more
(Canada Beef Inc. photo)
Livestock, Markets, Reuters

U.S. livestock: Brisk beef demand pushes CME live cattle higher

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Reading Time: 2 minutes Chicago | Reuters –– Most Chicago Mercantile Exchange live cattle contracts rose on Wednesday, driven by upward-trending wholesale beef values that may underpin prices for market-ready, or cash, cattle by Friday, traders said. Thinly-traded spot February, which will expire on Feb. 29, closed down 0.025 cent/lb. to 136.975 cents (all figures US$). April ended 0.65 […] Read more
(Michael Thompson photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Wheat lowest since June 2010 on bumper supplies

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures sank to 5-1/2-year lows on Wednesday under pressure from large global supplies and sluggish demand, in the markets’ fifth consecutive session of declines. Corn and soybean futures each fell for a second day, pressured by the prospect of bumper crops in South America coming to market. Follow-through selling […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Surging beef prices float CME live cattle higher

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts closed higher on Tuesday following a steep rise in wholesale beef values that could help underpin cash prices later this week, traders said. February closed 0.525 cent/lb. higher at 136.95 cents, and April ended at 135.5 cents, up 0.875 cent (all figures US$). The morning’s […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat drops to lowest since 2010

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures sank 1.4 per cent on Tuesday to their lowest in nearly six years, weighed down by huge global supplies and spillover weakness from falling crude oil, traders said. The amply stocked supply chain also weighed on corn and soybean futures as the start of the […] Read more
(Bob Nichols photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Strong exports support corn, soybeans

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose to their highest in nearly three weeks on Monday, supported by technical buying and signs of stronger-than-expected export demand, traders said. Overseas interest for U.S. supplies also supported corn futures, which rose to their highest since Feb. 5, while wheat weakened due to a firm dollar and […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle close mostly weak before USDA report

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Reading Time: 2 minutes Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts settled lower on Friday, after investors tweaked positions ahead of the afternoon’s U.S. Department of Agriculture’s monthly Cattle on Feed report at 2 p.m. CT, traders said. February closed up 0.225 cent/lb. to 135.375 cents, April ended 0.425 cent lower at 133.95 cents and […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Prices steady on short-covering, gain for week

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Reading Time: 2 minutes Chicago | Reuters –– U.S. grain and soybeans were roughly flat on Friday, stabilizing amid a lack of fresh fundamental news following steep gains earlier this week tied mostly to investor short-covering, traders and analysts said. Corn and soybean futures each were unchanged to slightly lower at the Chicago Board of Trade after prices failed […] Read more

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