Chicago | Reuters – Chicago Board of Trade soybeans continued a three-day rally on Friday, fuelled by President Donald Trump’s remarks on Wednesday that China would buy more U.S. soybeans. Corn and wheat chopped up and down, though ample global supply continued to curb grain prices while traders turned their attention to a U.S. Department […] Read more
U.S. grains: Soybeans continue gains on Trump’s China comments
U.S. livestock: Cattle futures end week higher on tight supply
Chicago | Reuters – CME live and feeder cattle futures finished higher on Friday, on the back of a tight cattle supply and the continued closure of the U.S.-Mexico border to cattle imports. CME April live cattle LCJ26 finished 51.65 cents to end at 237.25 cents per pound, while March feeder cattle FCH26 finished 3.35 […] Read more
U.S. grains: Soy rally continues after Trump says China to expand purchases
Chicago | Reuters – Chicago soybeans extended gains on Thursday, a day after U.S. President Donald Trump said China had raised a target for U.S. soybean purchases under a trade truce. Corn and wheat ticked up with spillover support from soybeans, though a firmer dollar and easing weather concerns capped the cereal markets. Soybeans rallied […] Read more
U.S. livestock: Cattle futures fall after strike authorization vote
Chicago | Reuters – CME live and feeder cattle futures stumbled on Thursday, breaking a three-day rally under pressure from a strike authorization vote at a JBS meatpacking plant in Greeley, Colorado, analysts said. However, bullish fundamentals, including a tight cattle supply and the ongoing closure of the southern border to Mexican cattle imports, will […] Read more
U.S. grains: Chicago soybeans jump to two-month high on Trump comments
Chicago | Reuters – Chicago Board of Trade soybean futures hit a two-month high on Wednesday following comments by U.S. President Donald Trump about China buying more U.S. soybeans, traders said. In a post on his Truth Social platform, Trump said China is “lifting the Soybean count to 20 Million Tons for the current season […] Read more
U.S. livestock: Cattle futures continue rally on bullish fundamentals
Chicago | Reuters – CME live and feeder cattle futures rose for the third day in a row on Wednesday, on continued support from a tight cattle supply and the ongoing closure of the southern border to Mexican cattle imports, traders said. CME April live cattle LCJ26 finished 0.175 cent higher at 241.80 cents per […] Read more
U.S. grains: Chicago corn, soy prices recover on updated biofuel guidance
Chicago | Reuters – Chicago grain and soybean futures regained ground on Tuesday as a selloff in commodity markets subsided and after the U.S. Treasury Department released updated guidance on biofuel tax credits, analysts said. The most-active soybean contract on the Chicago Board of Trade Sv1 settled 5-1/2 cents higher at $10.65-3/4 a bushel, recovering […] Read more
U.S. livestock: Cattle futures higher on tightening cattle supply
Chicago | Reuters – CME live and feeder cattle futures bounced for the second day on Tuesday on continued support from Friday’s U.S. Department of Agriculture biannual report that stated the U.S. cattle herd had fallen to its smallest size since 1951. CME April live cattle LCJ26 finished 2.1 cents higher at 241.625 cents per […] Read more
U.S. grains: Soybeans, wheat, corn end lower on broad commodities slump
Chicago | Reuters – Chicago Board of Trade soybeans, wheat and corn futures fell on Monday, tracking a slump in broader commodities markets, particularly falling crude oil prices. Chicago Board of Trade most-active soybeans Sv1 settled down four cents to $10.60-1/4 a bushel. Wheat Wv1 closed 10-1/4 cents lower at $5.27-3/4 a bushel, and corn […] Read more
U.S. grains: Corn, soybeans recover from 3-month low on technical bounce
Chicago | Reuters – Chicago corn and soybean futures steadied on a technical bounce on Wednesday after sliding to their lowest since October this week, with traders weighing larger-than-anticipated U.S. supply forecasts, Chinese demand and crop prospects in South America. Wheat futures were little changed as the market also paused following losses triggered by U.S. […] Read more
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