Chicago | Reuters – U.S. corn futures sagged on Thursday to their lowest levels in a month and soybeans followed the weak trend as results from an ongoing Midwest crop tour fueled expectations of big U.S. harvests, analysts said. Wheat futures declined as weekly U.S. export sales data fell below trade expectations. Chicago Board of […] Read more
U.S. grains: Corn, soy futures pressured by strong U.S. yields, trade woes
U.S. grains: Corn, soy sag on harvest expectations
Chicago | Reuters — U.S. corn futures fell about two per cent on Wednesday and soybeans declined almost as much, pressured by strong yield prospects in the Midwest crop belt, traders said. Wheat futures also eased, with the Chicago Board of Trade December contract hitting its lowest in four weeks. CBOT December corn settled down […] Read more
U.S. livestock: CME lean hogs ease for second day
Chicago | Reuters — Front-month U.S. hog futures fell on Tuesday for a second straight session on technical selling and doubts about whether trade talks this week between China and the U.S. would ease tensions, traders said. CME Group live cattle futures settled modestly higher while feeder cattle futures declined. Most-active CME October lean hog […] Read more
U.S. grains: Wheat extends decline as Russian supply worries abate
Chicago | Reuters — U.S. wheat futures fell on Tuesday for a second straight session as fears of a shortfall in Russian wheat exports diminished, traders said. Corn and soybean futures also declined, pressured by spillover weakness from wheat as well as improving crop conditions in the U.S. Midwest after widespread rains. Chicago Board of […] Read more
U.S. grains: Wheat eases on ideas of Russian exports, long liquidation
Chicago | Reuters — U.S. wheat futures fell three per cent on Monday on expectations of a pickup in Russian wheat exports in the next few months as shippers try to get ahead of potential export curbs, traders said, while soybeans clung to modest advances. Corn followed wheat lower. Chicago Board of Trade December wheat […] Read more
U.S. livestock: Lean hogs close lower, halting five-session climb
Chicago | Reuters — U.S. hog futures fell more than three per cent on Monday on profit-taking after a 14 per cent rally last week left futures over-priced relative to domestic cash prices, analysts said. CME Group live cattle futures fell in response to a lower cash cattle trade late last week and spillover weakness […] Read more
Some North Dakota wheat rejected for ergot, merchants say
Chicago | Reuters –– Elevated levels of the grain fungus ergot are showing up in spring wheat being harvested in south-central North Dakota, prompting grain elevators to impose discounts and even turn some truckloads away, grain merchants said Tuesday. Ergot is a common grain fungus but some major buyers, including top global wheat importer Egypt, […] Read more
U.S. livestock: CME lean hogs, live cattle end lower
Chicago | Reuters — U.S. lean hog futures fell on Tuesday for a second straight session, pressured by technical selling, ample pork supplies and worries that trade tensions with China and Mexico will curb export demand, traders said. “We still have cheaper grain, increased (hog) weight potential down the line — all of the above […] Read more
U.S. livestock: Live cattle end higher
Chicago | Reuters — U.S. livestock futures closed mixed on Monday, with live cattle rising on higher-than-expected cash cattle trades and lean hogs falling on expectations of rising supplies and worries about export demand, traders said. Live cattle futures rose after fed cattle traded late Friday in Texas and Kansas at $111/cwt, which was $2 […] Read more
U.S. grains: Bargain buying lifts CBOT wheat
Chicago | Reuters — U.S. wheat futures rose on Wednesday on bargain buying after a three-session sell-off pushed the Chicago Board of Trade September contract to a one-week low, traders said. CBOT soybeans and corn ended flat to firmer, consolidating after recent declines and as investors awaited two key U.S. government crop reports later this […] Read more
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