Chicago Mercantile Exchange cattle futures turned lower on Wednesday, amid a flurry of technical selling and uncertainty whether consumer demand for beef would chill after an E. coli outbreak was linked to McDonald's Quarter Pounder burgers, traders said.
U.S. livestock: Cattle futures fall on technical trade, E. coli outbreak concerns
U.S. grains: Wheat slumps on beneficial rains, Russian export policies
Chicago wheat futures fell sharply on Friday as rains were expected to benefit global wheat-growing regions, analysts said. A shift in Russian export policies also fuelled concerns that U.S. commercial grain companies will be left holding large supplies of wheat.
U.S. livestock: Feeder cattle ease on strong corn prices
Chicago Mercantile Exchange feeder cattle futures dropped on Wednesday, while live cattle rose in a turnaround from losses during the previous session, according to analysts.
U.S. livestock: Cattle futures fall on technical trading, retail price caution
Chicago Mercantile Exchange live cattle futures dropped on Tuesday in a technical correction from a five-week rally and on concerns that high prices may cool beef demand, according to analysts.
U.S. livestock: Cattle futures rise on technical buying, economic news
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rose and feeder cattle touched a two-month high on Friday on technical trading, with stronger-than-expected September jobs data indicating good consumer demand, analysts said. Hog futures touched their highest level in four months before retreating. Benchmark CME December live cattle futures LCZ24 settled up 0.600 cent at […] Read more
U.S. Grains: CBOT wheat, soy and corn fall as dollar rallies
Chicago wheat dropped for a second day on Friday, moving further from a 3-1/2 month high reached this week as a stronger dollar made U.S. exports look less attractive.
U.S. livestock: CME cattle futures fall as U.S. port strike continues
Chicago | Reuters – Chicago Mercantile Exchange livestock futures fell on technical trading as the session ended on Thursday, according to analysts, after trading both sides earlier in the day. Benchmark CME December live cattle futures LCZ24 settled down 1.300 cents at 186.400 cents per pound. CME November feeder cattle futures FCX24 ended down 0.425 cent at 248.125 cents […] Read more
U.S. grains: Grains, soybeans ease after rallies on weather and Middle East instability
Chicago | Reuters — Chicago wheat and corn futures dipped on Thursday on technical trading after surging to June highs this week. Wheat had climbed to a 3-1/2-month peak as traders monitored drought in the important Black Sea region and signs of possible Russian export caps. Corn exceeded a three-month peak on Wednesday, underpinned by […] Read more
U.S. grains: Chicago corn dips, soybeans steady on big expected yields
Chicago corn futures ticked down and soybean futures hovered near unchanged on Friday with seasonal harvest pressure on the rise.
U.S. grains: Wheat and corn ease on uninspiring export sales
Chicago corn and wheat futures ticked down on Thursday following lackluster export sales data released by the U.S. Department of Agriculture. Soybeans were dragged along for the ride despite more encouraging numbers, said analysts.
Cyber-Savvy Farmer
