Chicago | Reuters – CME live and feeder cattle futures rose for the third day in a row on Wednesday, on continued support from a tight cattle supply and the ongoing closure of the southern border to Mexican cattle imports, traders said. CME April live cattle LCJ26 finished 0.175 cent higher at 241.80 cents per […] Read more
U.S. livestock: Cattle futures continue rally on bullish fundamentals
U.S. grains: Chicago corn, soy prices recover on updated biofuel guidance
Chicago | Reuters – Chicago grain and soybean futures regained ground on Tuesday as a selloff in commodity markets subsided and after the U.S. Treasury Department released updated guidance on biofuel tax credits, analysts said. The most-active soybean contract on the Chicago Board of Trade Sv1 settled 5-1/2 cents higher at $10.65-3/4 a bushel, recovering […] Read more
U.S. livestock: Cattle futures higher on tightening cattle supply
Chicago | Reuters – CME live and feeder cattle futures bounced for the second day on Tuesday on continued support from Friday’s U.S. Department of Agriculture biannual report that stated the U.S. cattle herd had fallen to its smallest size since 1951. CME April live cattle LCJ26 finished 2.1 cents higher at 241.625 cents per […] Read more
U.S. livestock: Cattle rally, hogs rise
Chicago cattle rallied on Monday. Lean hogs also rose. Most-active April live cattle futures closed at 239.525 cents a pound, up 2.725 cents. June live cattle gained 2.525 cents to settle at 234.250 cents a pound. Most-traded March feeder cattle contracts closed at 366.350 cents a pound, up 6.075 cents. April feeders gained 5.900 cents […] Read more
U.S. grains: Soybeans, wheat, corn end lower on broad commodities slump
Chicago | Reuters – Chicago Board of Trade soybeans, wheat and corn futures fell on Monday, tracking a slump in broader commodities markets, particularly falling crude oil prices. Chicago Board of Trade most-active soybeans Sv1 settled down four cents to $10.60-1/4 a bushel. Wheat Wv1 closed 10-1/4 cents lower at $5.27-3/4 a bushel, and corn […] Read more
U.S. grains: Chicago grain prices fall amid profit-taking and dollar rebound
Chicago | Reuters – Chicago corn, soybean and wheat futures fell on Friday, pressured by profit-taking and a rebound in the U.S. dollar, after the greenback reached a four-year low on Tuesday. Market participants were adjusting positions at the end of the month and after a volatile trading week that saw record-high precious metal prices […] Read more
U.S. livestock: Cattle fall back as inventory hits 75-year low
Most Chicago Mercantile Exchange cattle futures fell on Friday. Lean hog contracts also dipped. Most-traded April live cattle futures settled at 236.800 cents a pound, down 0.475 cents. February contracts gained 0.350 cents to close at 235.850 cents. Most-active March feeder cattle closed at 359.825 cents a pound, down 4.850 cents. April futures lost 4.950 […] Read more
U.S. livestock: Cattle sink ahead of semi-annual inventory report
Chicago cattle futures fell on Thursday ahead of the USDA’s semi-annual cattle inventory report. Hog futures were mixed. Most-traded April live cattle contracts settled at 237.275 cents a pound, down 1.450 cents. June live cattle closed at 233.275 cents per pound, down 1.175 cents. Most-active March feeder cattle futures closed at 365.125 cents a pound, […] Read more
U.S. grains: Chicago wheat futures firm on recent dollar slide, winter weather
Chicago | Reuters – Chicago wheat futures firmed on Thursday as a recent plunge in the dollar continued to support commodities priced in the U.S. currency and harsh winter weather threatened crops in the Black Sea region and the United States. Corn traded near flat and soybeans ticked down slightly on expectations of a large […] Read more
U.S. livestock: Cattle futures gain, hogs fall back
Chicago cattle futures made gains on Wednesday while hogs fell back. Most-active April live cattle closed at 238.725 cents a pound, up 1.325 cents. June contracts settled at 234.450 cents per pound, a gain of 1.200 cents. Most-traded March feeder cattle contracts gained 3.850 cents to settle at 365.850 cents per pound. April contracts closed […] Read more
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