Chicago | Reuters — U.S. lean hog futures fell on Monday on softer cash values and reduced demand for hogs from packers who were cutting kills, traders said. Live cattle futures were modestly lower while feeder cattle ended mixed, with front-month January declining and back months firming. Chicago Mercantile Exchange lean hog futures fell despite […] Read more
U.S. livestock: Lean hogs decline as cash values soften
U.S. grains: Soybeans up after Trump comments on China, trade
Chicago | Reuters — U.S. soybean futures ended higher on Friday after rebounding on President Donald Trump’s comments that his administration may not have to impose further tariffs on China, the world’s biggest soybean buyer. Wheat added to early advances and corn pared losses after the comments. Trump has imposed tariffs on $250 billion of […] Read more
U.S. grains: Soybeans end firm as hopes build for China talks
Chicago | Reuters — U.S. soybean futures firmed on Thursday, supported by renewed optimism that the U.S. and China, the world’s largest soybean buyer, will resume trade talks. Chicago Board of Trade January soybeans settled up 5-1/4 cents at $8.88-3/4 per bushel after reaching $8.97-1/2, the contract’s highest since Nov. 2 (all figures US$). CBOT […] Read more
U.S. grains: Soybeans higher on slow harvest pace
Chicago | Reuters — U.S. soybean futures rose on Wednesday on a slower-than-expected harvest pace and news of fresh export sales, although plentiful global supplies kept a lid on the market, analysts said. Wheat futures fell on sluggish export demand while corn futures ended narrowly mixed. Chicago Board of Trade January soybean futures settled up […] Read more
U.S. grains: Corn, wheat follow broad commodities weakness
Chicago | Reuters — U.S. corn futures fell more than one per cent on Tuesday, following broad declines in commodities led by sagging crude oil futures, analysts said. Wheat futures fell about two per cent, retreating after Monday’s short-covering rally, and soybeans were also lower. Chicago Board of Trade December corn settled down 4-3/4 cents […] Read more
U.S. grains: Wheat climbs on short-covering, export optimism
Chicago | Reuters — U.S. wheat futures jumped more than three per cent on Monday on fund-driven short-covering coupled with expectations of a pick-up in export business, analysts said. Corn futures followed wheat higher while soybeans declined on forecasts for rising U.S. soy inventories. Chicago Board of Trade December (CBOT) soft red winter wheat futures […] Read more
U.S. grains: Wheat falls on sluggish U.S. export pace; soybeans turn up
Chicago | Reuters – U.S. wheat futures fell to a one-week low on Friday on concerns about export demand and a strengthening dollar, analysts said. Corn followed wheat lower on technical selling, but soybeans turned higher on firming U.S. cash markets as well as optimism about U.S.-China talks later this month. Chicago Board of Trade […] Read more
U.S. grains: Corn ends higher as USDA tightens domestic stocks forecast
Chicago | Reuters – U.S. corn futures closed modestly higher on Thursday after the U.S. Department of Agriculture (USDA) lowered its estimates of corn yield, production and ending stocks more than most analysts expected, traders said. Soybean futures fell after the USDA slashed its U.S. soy export forecast, but pared losses toward the close. Wheat […] Read more
U.S. grains: Soybeans, corn lower ahead of USDA monthly data
Chicago | Reuters – U.S. soybean futures fell Wednesday as traders adjusted positions the day before a monthly report from the U.S. Department of Agriculture in which the government is expected to raise its forecast of U.S. soy stocks. Corn and wheat futures also ended lower. Chicago Board of Trade January soybeans settled down 4-3/4 […] Read more
U.S. grains: Wheat firms as crop ratings decline; soy, corn sag a bit
Chicago | Reuters – U.S. wheat futures touched a one-week high on Tuesday on light short-covering and worries about declining U.S. crop condition ratings, analysts said. Corn futures ended down after a choppy session and soybeans drifted lower as traders awaited direction from the outcome of U.S. congressional elections and monthly U.S. supply/demand reports due […] Read more
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