Chicago | Reuters – Chicago soybean futures turned higher on Wednesday on technical buying and continued hopes of stronger Chinese demand, analysts said, with the benchmark contract heading back toward a two-month peak set last week. Wheat rose on what appeared to be fund-driven short-covering, while corn futures sagged in choppy trade. Chicago Board of […] Read more
U.S. grains: Soybeans turn higher as traders weigh China demand; wheat climbs
U.S. livestock: Cattle futures jump back up, hogs fall
Chicago cattle futures jumped back up after Tuesday’s losses while hogs continued to slide. Most-active April live cattle contracts gained 3.550 cents to close at 240.975 cents per pound. June live cattle settled at 236.575 cents a pound, up 2.775 cents. Most-traded March feeder cattle closed at 367.450 cents per pound, up 2.675 cents. April […] Read more
U.S. livestock: Chicago cattle and hogs slide back
Chicago Mercantile Exchange cattle and hog futures slipped back on Tuesday. Most-active April live cattle contracts lost 0.775 cents to close at 237.425 cents a pound. June futures settled at 233.800 cents a pound, down 0.525 cents. Most-traded March feeder cattle futures closed at 364.775 cents a pound, down 2.675 cents. April feeders settled at […] Read more
U.S. grains: Soy futures pull back as Brazil harvest advances
Chicago | Reuters – U.S. soybean futures fell on Monday on profit taking after a rally last week drove prices to a two-month high well above $11 a bushel, tied to U.S. President Donald Trump’s remarks that China may buy more beans from the United States. The expanding harvest of a record-large Brazilian soybean crop […] Read more
U.S. livestock: Cattle rise, hogs fall as traders watch other commodities
Chicago cattle futures eked out gains on Monday while hog contracts slipped back. Most-active April live cattle futures closed at 238.200 cents a pound, up 0.950 cents. June contracts gained 0.475 cents to settle at 234.325 cents. Most-traded March feeder cattle contracts closed at 367.450 cents per pound, up 0.025 cents. April feeders settled at […] Read more
U.S. grains: Soybeans continue gains on Trump’s China comments
Chicago | Reuters – Chicago Board of Trade soybeans continued a three-day rally on Friday, fuelled by President Donald Trump’s remarks on Wednesday that China would buy more U.S. soybeans. Corn and wheat chopped up and down, though ample global supply continued to curb grain prices while traders turned their attention to a U.S. Department […] Read more
U.S. livestock: Cattle futures end week higher on tight supply
Chicago | Reuters – CME live and feeder cattle futures finished higher on Friday, on the back of a tight cattle supply and the continued closure of the U.S.-Mexico border to cattle imports. CME April live cattle LCJ26 finished 51.65 cents to end at 237.25 cents per pound, while March feeder cattle FCH26 finished 3.35 […] Read more
U.S. grains: Soy rally continues after Trump says China to expand purchases
Chicago | Reuters – Chicago soybeans extended gains on Thursday, a day after U.S. President Donald Trump said China had raised a target for U.S. soybean purchases under a trade truce. Corn and wheat ticked up with spillover support from soybeans, though a firmer dollar and easing weather concerns capped the cereal markets. Soybeans rallied […] Read more
U.S. livestock: Cattle futures fall after strike authorization vote
Chicago | Reuters – CME live and feeder cattle futures stumbled on Thursday, breaking a three-day rally under pressure from a strike authorization vote at a JBS meatpacking plant in Greeley, Colorado, analysts said. However, bullish fundamentals, including a tight cattle supply and the ongoing closure of the southern border to Mexican cattle imports, will […] Read more
U.S. grains: Chicago soybeans jump to two-month high on Trump comments
Chicago | Reuters – Chicago Board of Trade soybean futures hit a two-month high on Wednesday following comments by U.S. President Donald Trump about China buying more U.S. soybeans, traders said. In a post on his Truth Social platform, Trump said China is “lifting the Soybean count to 20 Million Tons for the current season […] Read more
Cyber-Savvy Farmer
