Chicago Mercantile Exchange cattle futures stormed to their highest levels in about eight weeks on Thursday amid follow-through buying, traders said.
U.S. livestock: Follow-through buying carries CME cattle to eight-week highs
Cattle lighter after severe winter weather traders say
U.S. grains: Soy, corn futures end higher after setting multi-year lows
Beneficial rains have eased concerns about crop damage in Brazil from drought
Chicago Board of Trade soybean futures dropped to their lowest level in more than two years on Thursday and corn futures set a three-year low before the markets turned higher on short covering and technical buying, analysts said.
U.S. grains: Soy futures drop near two-year low, corn sets three-year low
Wheat ended nearly unchanged after touching seven-week low on Tuesday
Chicago Board of Trade soybean futures tumbled near a two-year low on Wednesday as Brazilian crops benefited from improved weather and challenged U.S. exports on the global market, analysts said.
U.S. livestock: Cattle futures hit November highs as traders focus on harsh US winter
Lean hogs ended slightly up after early plunge
Chicago Mercantile Exchange cattle futures touched their highest prices since November on Wednesday after severe winter weather has slowed weight gains for livestock and disrupted slaughtering, analysts said.
Crop-killing weeds advance across US farmland as chemicals lose effectiveness
Losing battle with weeds adds pressures to farmers already stressed by inflation, extreme weather
Crop-killing weeds such as kochia are advancing across the U.S. northern plains and Midwest, in the latest sign that weeds are developing resistance to chemicals faster than companies including Bayer BAYGn.DE and Corteva CTVA.N can develop new ones to fight them.
US corn stocks swell as world recovers from tighter supplies
Global corn ending stocks are projected to hit a six-year high in 2023/34
U.S. corn inventories last month swelled to their largest level since 2018, the U.S. Department of Agriculture said on Friday, as global supplies recover from multi-year lows.
U.S. livestock: Cattle futures rise as icy weather threatens US herds
Lean hog futures also finished higher
Cattle futures jumped at the Chicago Mercantile Exchange on Thursday on concerns over frigid temperatures that threaten U.S. herds, analysts said.
U.S. grains: Soy futures near two-year lows as traders await US crop reports
Corn futures eased; wheat futures also slumped
Chicago Board of Trade soybean futures ended flat on Thursday and remained near their lowest level since December 2021 amid lackluster demand for U.S. exports and an improved South American supply outlook.
U.S. livestock: Live cattle dip in nearby contract; US beef plants reopen
Deferred live cattle futures and feeder cattle futures finished stronger
Live cattle futures eased slightly in the front-month contract on Wednesday as U.S. slaughtering began to recover from disruptions due to extreme winter weather earlier this week.
U.S. grains: Soybean and corn futures rebound from multiyear lows
Wheat futures jump after a sharp drop on Monday
Chicago Board of Trade soybean and corn futures rebounded on Tuesday on short covering and technical buying after sliding to multiyear lows earlier in the session.
Cyber-Savvy Farmer
