U.S. soybean futures climbed on Monday as soyoil futures jumped 2.7 per cent on short-covering and strength in crude oil, traders said.
U.S. grains: Soybeans rise, led by soyoil and crude oil; wheat up, corn choppy
Crude oil futures rose almost 2 per cent on supply disruptions, supporting soy
USDA November soy crush estimated at 199.7 million bushels
The U.S. crush topped 200 million bushels in October for the first time ever
The U.S. soybean crush likely eased slightly to 5.991 million short tons in November, or 199.7 million bushels, while soyoil stocks rose, according to analysts surveyed by Reuters ahead of a monthly U.S. Department of Agriculture (USDA) report.
CME cattle futures rout continues; hogs end lower
Despite small U.S. herd, placement into feedlots have been above last year's levels
Live cattle futures on the Chicago Mercantile Exchange dropped on Thursday to fresh multi-month lows on technical selling and weak beef prices at a time when feedlot supplies of market-ready cattle are rising, analysts said.
U.S. livestock: CME hog, cattle futures down on profit-taking
Cash hog values seen softer
Chicago | Reuters — Chicago Mercantile Exchange (CME) hog futures closed lower on Friday, retreating on a round of profit-taking after the benchmark December contract rose to its highest level in a month. Soft cash hog values, weaker wholesale pork prices and a large weekly hog slaughter added to bearish sentiment. “We’ve had a pretty […] Read more
U.S. grains: Soybeans set 6-1/2-week high
Weaker U.S. dollar lifts grains complex
Chicago | Reuters — U.S. soybean futures touched a 6-1/2-week high on Friday, lifted by uneven crop weather in top soy producer Brazil and fresh export demand for U.S. supplies, coupled with a plunge in the dollar that bolstered corn and wheat futures as well. Chicago Board of Trade (CBOT) January soybean futures settled up […] Read more
U.S. livestock: CME cattle, hogs soar as U.S. Fed piques investors’ risk appetite
Beef, pork export sales above four-week average
Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle and hog futures rose on Thursday following broad strength in Wall Street equities, crude oil and other commodities, as investors’ risk appetite increased a day after the U.S. Federal Reserve kept benchmark interest rates on hold. “The emphasis is really from the ‘risk-on’ macro play, driven […] Read more
U.S. livestock: CME cattle firm on cash market optimism
Lean hog futures end lower
Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures closed modestly higher on Wednesday, with the benchmark December contract extending its rebound from a four-month low set last week, buoyed by technical buying and expectations of rising cash cattle prices. Sellers in the Kansas and Texas cash markets were offering slaughter-ready cattle as […] Read more
U.S. grains: Corn drops to seven-week low
Wheat, soybeans move higher
Chicago | Reuters — Benchmark U.S. corn futures fell to their lowest point in seven weeks on Wednesday as the harvest continued and showed better than expected yields, while weather forecasts improved in crop areas of South America. Wheat and soybean prices were modestly higher in rangebound trading. Chicago Board of Trade (CBOT) corn closed […] Read more
U.S. grains: South America rains push soy futures down
Wheat, corn futures also drop
Chicago | Reuters — U.S. soybean futures declined about one per cent on Monday on profit-taking and pressure from beneficial rains over the last few days in South American crop areas, offsetting a weather premium that had been building for the oilseed crop. Corn and wheat futures also fell. Benchmark January soybeans on the Chicago […] Read more
U.S. livestock: CME hog futures hit contract lows
Cattle futures also sag
Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange fell to life-of-contract lows on Friday and cattle futures also retreated, pressured by technical selling and worries that a slowing global economy could hurt demand for meat, traders said. Hog futures fell the most, with the benchmark December contract settling down two cents, […] Read more
Cyber-Savvy Farmer
