Chicago | Reuters – U.S. cattle futures fell further at the Chicago Mercantile Exchange on Thursday under pressure from fund selling and lower cash prices, traders said. Futures have dropped over the past month after U.S. President Donald Trump said he was working to lower beef prices for consumers, triggering steep selloffs in cattle that […] Read more
U.S. livestock: ‘Relentless’ fund selling knocks down CME cattle futures
U.S. grains: Soy futures slide as traders worry China may miss US buying target
U.S. soybean futures on Thursday extended a setback from a 17-month high reached this week, as confirmation of more Chinese purchases of American supplies failed to spark a new rally.
U.S. livestock: Cattle futures slide under pressure from weak cash prices
Chicago | Reuters – Chicago Mercantile Exchange live cattle and feeder cattle futures tumbled under pressure from weakness in the cash market on Wednesday, traders said. Lean hog futures rebounded after sliding on Tuesday to their lowest level in about seven months. In the cash market, cattle traded at mostly $228 per hundredweight in southern […] Read more
U.S. grains: Soybean futures ease from 17-month peak as traders gauge China buying pace
U.S. soybean futures slumped on Wednesday after climbing to their highest level since June 2024 in the previous session, as traders watched to see whether a wave of Chinese purchases would continue following a trade truce between Beijing and Washington.
U.S. livestock: Cattle futures end weaker, hogs set April low
Chicago | Reuters – Chicago Mercantile Exchange live cattle and feeder cattle futures slumped on Tuesday as traders waited for U.S. inventory data and assessed prospects for beef imports, analysts said. Lean hog futures hit their lowest level in about seven months. Traders were waiting for the U.S. Department of Agriculture to issue a monthly […] Read more
U.S. grains: Soybeans pull back after setting June 2024 high on Chinese buying
U.S. soybean futures pulled back on Tuesday after reaching their highest level since June 2024 as China made hefty purchases of American supplies.
U.S. grains: Soy futures hit June 2024 high as China ramps up buying
U.S. soybean futures climbed to the highest level since June 2024 on Monday as China’s state-owned grain trader COFCO ramped up buying following the recent Washington-Beijing trade deal, traders said.
U.S. livestock: Cattle futures rebound after tariff reduction news
Chicago cattle futures opened lower before rebounding to close up on Monday. Lean hog futures settled on either side of unchanged. “Friday’s announcement on tariff reductions towards Brazil was seemingly blown out of proportion,” wrote analyst Christopher B. Swift. “I could not understand why such a lower opening on a 10 per cent reduction of […] Read more
U.S. grains: CBOT soybeans, corn, wheat fall in USDA data aftermath
Chicago grains took a dive on Friday, following a closely watched U.S. government crop report and the release of export data that could provide clues into Chinese buying.
U.S. livestock: Cattle, hog futures rise on first WASDE since September
Chicago cattle and hog futures made modest gains on Friday after the USDA released its first World Agricultural Supply and Demand Estimates (WASDE) since the the U.S. government shut down on October 1. Most-active February live cattle futures rose by 0.575 cents to close at 219.525 cents a pound. December contracts settled at 219.150 cents […] Read more
Cyber-Savvy Farmer
