Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday as cash hog prices remained soft and wholesale pork prices lingered near two-year lows, traders said. “We continue to search for a bottom on the hogs, and the cash market stays under pressure,” said Don Roose, president of Iowa-based U.S. Commodities. “It’s […] Read more
U.S. livestock: CME hog futures sag as pork prices hover near two-year lows
Live cattle mixed, March feeder cattle up
U.S. grains: Soybeans, corn retreat off multi-month highs
Putin's comments on exports underpin wheat
Chicago | Reuters — U.S. corn and soybean futures settled lower on Wednesday as traders booked profits after both markets set multi-month highs and as weather forecasts promised much-needed rains in Argentina’s crop belt, traders said. Wheat followed the weaker trend. Chicago Board of Trade March soybeans settled down 15-1/4 cents at $15.24-1/2 per bushel, […] Read more
U.S. livestock: CME cattle futures sag on long liquidation, rising grains
Hogs end mixed as traders' net long position shrinks
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday, on spillover weakness from feeder cattle futures and long liquidation as market players responded to a hefty net long position held by commodity funds, analysts said. CME February live cattle settled down 0.725 cent at 157 cents/lb. and April futures fell 0.8 […] Read more
U.S. grains: Corn, soy up off early declines on export data
Chicago wheat follows suit
Chicago | Reuters — Chicago Board of Trade (CBOT) corn and soybean futures rallied to multi-month highs on Tuesday as signs of export demand and follow-through support from last week’s bullish U.S. government supply/demand reports overshadowed early pressure from wetter South American weather forecasts, traders said. Wheat followed the higher trend. CBOT March corn settled […] Read more
U.S. livestock: CME lean hog futures tumble on China demand worries
Cattle futures lower despite bullish fundamentals
Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange fell more than four per cent on Monday, pressured by worries about Chinese demand for U.S. pork and expectations of a seasonal slide in wholesale ham prices, traders said. The CME February lean hogs contract settled down 3.75 cents at 84.75 cents/lb. after […] Read more
U.S. livestock: CME live cattle up on firm cash, speculative buying
February lean hogs end lower
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) hit the highest in nearly three weeks on Friday, supported by firm cash cattle markets and what appeared to be speculative buying, analysts said. Most-active CME February live cattle futures settled up 0.45 cent at 155.85 cents/lb. after reaching 156.125 cents, the […] Read more
U.S. grains: Soy firms on bargain buying but posts weekly decline
December wheat ends down, corn up
Chicago | Reuters — U.S. soybean futures rose on Friday on bargain buying after a two-session slide, but still ended the week down about one per cent on uncertainty about demand from China, traders said. Wheat futures turned lower, retreating from early advances, with the benchmark December contract on the Chicago Board of Trade declining […] Read more
U.S. livestock: CME live cattle up ahead of monthly USDA report
Lean hogs mostly up in technical trading
Chicago | Reuters — Benchmark live cattle futures on the Chicago Mercantile Exchange (CME) rose on Thursday for a third straight session on steady to firmer cash cattle markets and position-squaring a day ahead of a monthly U.S. government feedlot report, analysts said. Most-active CME February live cattle futures settled up 1.15 cents at 155.4 […] Read more
U.S. grains: Wheat sags on Black Sea export deal extension
Chicago corn turns higher
Chicago | Reuters — U.S. wheat futures dropped to a 2-1/2-month low on Thursday after the United Nations announced an agreement to extend a grain corridor for exports from war-torn Ukraine. Soybean futures fell on worries about demand as top global buyer China struggles with COVID-19 lockdowns. But corn turned higher as strong weekly U.S. […] Read more
U.S. livestock: CME live cattle, lean hog futures end higher
Grain values' slip spurs buying
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) ended higher on Wednesday as expectations of tightening cattle supplies and a setback in grain prices sparked a round of buying, traders said. The most-active CME live cattle futures, for February delivery, settled up 1.2 cents at 154.25 cents/lb., a day after […] Read more
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