Chicago | Reuters — U.S. wheat futures rose on Friday, with strong buying interest by importers keeping prices near the multi-year highs hit earlier this week. Corn and soybean futures fell but the market was underpinned by strength in the cash market as grain dealers tried to entice U.S. farmers to book sales instead of […] Read more
U.S. grains: Wheat firms with exports in focus
Chicago corn, soybeans fall
U.S. grains: Wheat, corn, soy ease on profit-taking
Canada's latest export disruptions supportive
Chicago | Reuters — U.S. wheat futures closed lower on Thursday, with K.C. hard red winter wheat and MGEX spring wheat falling from multiyear peaks on a round of profit-taking. Declines were kept in check by concerns about tight supplies and strong demand, factors that pushed Paris wheat to a 14-year high. Profit taking also […] Read more
U.S. grains: Soy, wheat up on strong exports, inflation worries
CBOT corn also rises
Chicago | Reuters — U.S. soybean futures jumped 2.1 per cent on Wednesday to their highest in nearly seven weeks, supported by fresh export deals and strength in the domestic cash market. Wheat and corn futures were also strong, with wheat recovering from a pullback on Tuesday to top the nine-year high it hit Monday. […] Read more
U.S. grains: CBOT wheat down off nine-year high
Chicago corn, soybeans also weak
Chicago | Reuters — U.S. wheat futures fell on Tuesday on a profit-taking setback, with the benchmark Chicago Board of Trade soft red winter wheat contract sagging 1.9 per cent from the nine-year high it hit on Monday. Corn and soybean futures also were lower, but the declines were kept in check by signs of […] Read more
U.S. livestock: Cattle futures fall; hog futures rise as traders look at cash prices
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell for the second day in a row on Friday, with traders saying that prices were still too high compared to cash market. High prices for corn and wheat that weighed on cattle producers’ profit margins added further pressure. But traders noted the opposite in […] Read more
U.S. grains: Corn, soy futures rise on harvest setbacks; wheat mixed
Chicago | Reuters – U.S. corn futures rose for the fourth day in a row on Friday, hitting a 2-1/2-month peak as harvest slowdowns across the Midwest left end users scrambling for supplies, traders said. “We are still trying to get high enough to entice some producer movement that is a little bit bigger,” said […] Read more
U.S. livestock: Cattle futures fall after three days of gains, hogs firm
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell on Thursday, snapping three sessions of gains on some profit-taking, traders said. Fresh signs of strength in the cash cattle markets had already been priced in, a trader said, and sharply higher prices for grain raised concerns about increased feeding costs. Hog futures were […] Read more
U.S. grains: Wheat hits multi-year highs, pull corn higher; soy weak
Chicago | Reuters – U.S. wheat futures rallied on Thursday to multi-year highs, with gains fueled by concerns about tight global supplies and strong export demand. Winter wheat futures were supported by concerns about the crop conditions and rainy weather in the eastern U.S. Midwest that may have prevented farmers from seeding as much acreage […] Read more
U.S. grains: Corn futures rally; pull soybean, wheat prices higher
Chicago | Reuters – U.S. corn futures on Wednesday rallied 2.5 percent to their highest level in more than two months, supported by signs of robust ethanol production that bolstered demand for the yellow grain, traders said. The strength in corn spilled over into the soybean and wheat markets. “You had humongous ethanol numbers,” said […] Read more
U.S. livestock: Cattle futures hit near two-month high as cash markets firm
Chicago | Reuters – Chicago Mercantile Exchange cattle futures rose for the third day in a row on Wednesday, nearing a two-month high on signs of improving cash markets. Traders also said a stepped-up pace of slaughter in recent days indicated demand for beef remains high. CME lean hog futures closed lower, with the front-month […] Read more
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