Chicago | Reuters — U.S. live cattle futures climbed to a seven-month high on Monday, supported by monthly U.S. feedlot data that was not as bearish as some had feared, traders said. Traders also cited spillover strength from record highs on Wall Street equity markets and forecasts for a winter storm this week that could […] Read more
U.S. livestock: CME live cattle touch seven-month high
U.S. grains: Soy falls below US$9 on South America weather, trade doubts
Chicago | Reuters — U.S. nearby soybean futures closed below $9 a bushel on Friday for the first time since September, pressured by improving crop weather in South America and fears that an initial U.S.-China trade deal could be pushed back to next year, analysts said. Wheat futures ended higher, while corn settled narrowly mixed. […] Read more
U.S. livestock: CME live cattle sink ahead of USDA feedlot data
Chicago | Reuters — U.S. live cattle futures fell to a one-week low and feeder cattle futures hit a six-week low on Friday ahead of a U.S. Department of Agriculture report that traders expected would show a hefty year-on-year increase in the number of cattle placed in feedlots last month. February live cattle futures on […] Read more
U.S. grains: Soybeans slide, nearing support at US$9
Chicago | Reuters — U.S. soybean futures fell to their lowest in almost two months on Thursday as uncertainty about progress in U.S.-China trade talks overshadowed support from stronger-than-expected weekly U.S. export sales, analysts said. Wheat futures also declined, backing down from a two-week high, but corn futures rose on signs of improving export and […] Read more
U.S. livestock: Hog futures halt skid on export data
Chicago | Reuters — U.S. lean hog futures closed higher on Thursday as bullish weekly export sales data and hopes for progress on a U.S.-China trade deal helped to snap a six-session sell-off, traders said. February lean hog futures on the Chicago Mercantile Exchange (CME) settled up 0.675 cent at 67.45 cents/lb., rallying after a […] Read more
U.S. grains: Soy, corn fall as hopes fade for China trade deal this year
Chicago | Reuters — U.S. corn futures fell to a two-month low and soybean futures hit a seven-week low on Wednesday on fading expectations for a U.S.-China trade deal before the end of the year, analysts said. Chicago Board of Trade wheat futures closed modestly higher on technical buying and concerns about this week’s decline […] Read more
U.S. livestock: Hogs plunge on fresh doubts of China trade prospects
Chicago | Reuters — U.S. lean hog futures fell more than four per cent on Wednesday, with the benchmark February contract at times dropping its daily three-cent limit on doubts about the prospects for a U.S. trade deal with China, the world’s top pork consumer. February lean hog futures on the Chicago Mercantile Exchange (CME) […] Read more
U.S. grains: Wheat futures climb on short-covering
Chicago | Reuters — U.S. wheat futures hit their highest in nearly a week on Tuesday as declining U.S. wheat condition ratings and worries about Southern Hemisphere crop prospects fueled a round of short-covering, analysts said. Corn firmed on signs of improving export prospects and soybean futures closed modestly higher. Chicago Board of Trade December […] Read more
U.S. livestock: Hog futures slip on ample supplies, trade uncertainty
Chicago | Reuters — U.S. lean hog futures fell on Tuesday, extending their latest slide to five straight sessions on uncertainty about U.S. pork exports to China, traders said. Market bulls have been hoping for a U.S. trade deal with Beijing that could bolster U.S. pork sales to China, the world’s biggest pork consumer. China […] Read more
U.S. grains: Corn, soy slide on South American weather, trade worries
Chicago | Reuters — U.S. corn futures hit a two-month low on Monday and soybean futures touched their lowest in seven weeks on forecasts for improving crop weather in South America and uncertainty about prospects for a U.S.-China trade deal, analysts said. Wheat futures rose as worries about tightening global supplies sparked a round of […] Read more
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