Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures fell on Wednesday. The cattle market faced pressure from weakness in the cash market that stemmed from the ample supplies reflected in the U.S. Agriculture Department’s Cattle on Feed report issued on Friday. “It is the belief that maybe the cash cattle market is […] Read more
U.S. livestock: Cattle, hog futures drop as supplies assessed
'Maybe the cash cattle market is stalling out here'
U.S. grains: Soy futures rise on fresh China sale
CBOT wheat firm, corn eases
Chicago | Reuters — U.S. soybean futures rose to their highest level in more than seven months on Wednesday with stepped-up demand from China and dry weather threatening to cut U.S. Midwest yields supporting prices for a third day in a row, traders said. Corn eased on technical selling and profit-taking after rising to a […] Read more
U.S. grains: Crop concerns, Chinese buying spark rallies in soy, corn
CBOT December wheat closes higher
Chicago | Reuters — Chicago Board of Trade corn and soybean futures rallied on Tuesday on rising export demand from China and concerns that deteriorating crop conditions will curtail the size of the U.S. fall harvest, traders said. Soybeans topped out at a seven-month high while corn jumped 2.6 per cent to its highest in […] Read more
U.S. livestock: Hog futures rise as pork supplies shrink
Texas cash cattle prices down on week
Chicago | Reuters — Chicago Mercantile Exchange hog futures rose to their highest level in nearly three months on Tuesday after government data showed that the reopening of pork plants after a rash of COVID-19 shutdowns had not boosted supplies. Cattle futures were lower, pressured by signs of weakness in the cash markets, traders said. […] Read more
U.S. grains: Corn, soy futures rise on crop concerns
Wheat sags from one-month peak
Chicago | Reuters — U.S. corn and soybean futures rose on Monday on expectations that a government report will show crop ratings deteriorated in the past week, underpinning recent forecasts that pegged the harvest below the U.S. Agriculture Department’s latest outlook. A spate of dryness across the U.S. Midwest, combined with a severe wind storm […] Read more
U.S. livestock: Cattle futures fall as supplies grow more than expected
U.S. frozen pork inventory at nine-year low
Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Monday, with the market under pressure from a government report that showed supplies were bigger than expected. The U.S. Agriculture Department’s monthly Cattle on Feed report on Friday afternoon showed July placements at 111 per cent of a year ago, above the average estimate […] Read more
Storm and drought impacts on Iowa corn seen in crop tour
Chicago | Reuters — A clearer picture of damage to crops in the path of last week’s derecho storm emerged on Wednesday, as crop scouts on an annual tour scrambled across blown-over corn stalks and wind-battered soybean fields in Illinois and Iowa. Iowa officials on Tuesday warned much of the crop in the path of […] Read more
U.S. farmers to harvest record-large corn crop, second-largest soy crop, USDA says
Estimates don't include impact of recent Midwest storm
Chicago | Reuters — U.S. farmers will reap their biggest corn harvest and their second biggest soybean harvest this fall as good summer weather shepherded the crops through key phases of development, the U.S. Agriculture Department said on Wednesday. The crop outlooks, which also included average yields for both corn and soybeans as the largest […] Read more
U.S. grains: Bearish supply outlooks spark selling in corn, soy, wheat
Wheat outlooks in Canada, Russia, Australia bearish
Chicago | Reuters — U.S. soybean futures fell for the fourth day in a row to their lowest since June 30 as expectations kept building that growing supplies will outstrip demand even as top buyer China steps up its purchases, traders said. A bearish supply outlook also pressured wheat futures, which dropped to a one-month […] Read more
U.S. grains: Wheat, soy futures fall on bearish supply view
Chicago corn steadies
Chicago | Reuters — Chicago Board of Trade wheat futures sank 1.9 per cent on Thursday to their lowest in nearly a month, their third decline in four sessions, with expectations for rising global supplies pushing prices lower, traders said. Corn futures steadied after hitting fresh contract lows on Tuesday, with the outlook for massive […] Read more
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