Chicago mercantile exchange cattle futures fell to end the week. Hog futures were also mostly down. Most-active February live cattle futures closed at 233.725 cents a pound, down 1.550 cents. April futures settled down 1.550 cents at 234.675 cents a pound. Most-traded March feeder cattle futures lost 3.025 cents to close at 354.700 cents a […] Read more
U.S. livestock: Most cattle, hog futures down
U.S. grains: Wheat futures backpedal as US rains ease weather worries
Chicago | Reuters – U.S. wheat futures backpedaled from their highest levels in nearly two weeks on Thursday as rains eased concerns over dry weather in U.S. growing areas, analysts said. Corn futures set their highest level in more than a week before finishing slightly lower, and soybeans also slipped. Traders adjusted positions in the […] Read more
U.S. livestock: Cattle, hog futures rebound
Chicago cattle and hog futures regained lost ground on Thursday. Most-active February live cattle futures closed at 235.275 cents a pound, up 0.750 cents. April live cattle gained 1.050 cents to settle at 236.225 cents per pound. Most-traded March feeders closed at 357.725 cents a pound, up 2.225 cents. January feeders settled at 362.475 cents […] Read more
U.S. livestock: Chicago cattle, hogs drop
Chicago cattle and hog futures fell on Wednesday. Most-active February live cattle futures lost 2.100 cents to settle at 234.525 cents per pound. April live cattle closed at 235.175 cents a pound, down 2.200 cents. Most-traded March feeder cattle closed at 355.500 cents a pound, down 3.525 cents. April contracts lost 3.450 cents to settle […] Read more
U.S. grains: Wheat futures set one-week highs as dryness stokes crop worries
Chicago | Reuters – U.S. wheat futures jumped to their highest level in more than a week on Wednesday as dry weather fuelled concerns about crop conditions in the key Plains region, analysts said. Soybean and corn futures also topped one-week highs following recent sales of U.S. soy to top importer China. Wheat and soybean […] Read more
U.S. livestock: Cattle rise, lean hogs mixed
Chicago lean hog futures ended Tuesday mixed while cattle made gains. Most-active February lean hog contracts closed down 0.475 cents at 85.675 cents a pound. April futures gained 0.075 cents to settle at 91.575 cents per pound. The USDA reported pork carcass cutout value at $91.25 per cwt on Tuesday afternoon, down $2.59. Most-traded February […] Read more
U.S. grains: Soybeans retreat from one-week high on China purchases
Chicago | Reuters – Chicago Board of Trade soybean futures ended lower on Tuesday after jumping earlier to a one-week high as top importer China bought more U.S. supplies. Corn and wheat futures also finished weaker, with agricultural markets pulling back from gains during the previous session. Soybean futures turned down after the U.S. Department […] Read more
U.S. livestock: CME hogs touch October high on fund buying
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures reached their highest level since October on Monday amid annual adjustments by funds in commodity markets, brokers said. Fund buying at the start of the year also supported grain and soy futures at the Chicago Board of Trade. CME February lean hog futures LHG26 closed […] Read more
U.S. grains: Broad buying lifts grain futures from multi-week lows
Chicago | Reuters – U.S. grain and soybean futures recovered from multi-week lows on Monday as broad-based buying and an influx of money from commodity funds boosted prices at the start of the year. Equities, metals and energy markets also advanced after U.S. forces captured Venezuelan President Nicolas Maduro. “In general, it’s a risk-on trade, […] Read more
U.S. livestock: Cattle futures surge as second screwworm case announced
Chicago | Reuters – Chicago Mercantile Exchange cattle futures rallied on Friday as two new screwworm cases were announced in Mexico in two days, keeping the focus on tight cattle supplies. CME February live cattle LCG26 settled 4.400 cents higher at 236.000 cents per pound, having hit the highest peak since October 24, and March […] Read more
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