Most Chicago cattle futures rose on Wednesday after Tuesday’s hard fall. Hogs settled on either side of unchanged. Most-active October live cattle futures closed at 231.150 cents per pound, up 0.975 cents. December contracts settled at 232.675 cents a pound, up 1.500 cents. Nearby feeder cattle futures rose, while deferred contracts lost steam. Most-traded October […] Read more
U.S. livestock: Cattle make gains, hogs mixed
U.S. grains: Soy and corn ease as traders await US crop report
Chicago | Reuters – Chicago soybeans and corn dipped on Wednesday as traders squared positions ahead of the U.S. Department of Agriculture’s global supply and demand report due on Friday, analysts said. Meanwhile, wheat dropped on falling global demand. The USDA is expected to trim U.S. soybean and corn yield forecasts on Friday, though production […] Read more
U.S. livestock: Cattle drop sharply, hogs mixed
Chicago cattle futures fell on Tuesday on a hefty technical correction. “I think that’s what we’re seeing now. A correction,” wrote analyst Jefferson Fosse with Walsh Trading. Most-active October live cattle contracts closed at 230.175 cents a pound, down 5.625 cents. December contracts closed down 6.400 cents to 231.175 cents per pound. The market has […] Read more
U.S. grains: Soybeans, corn, wheat ease, traders eye USDA crop report
Chicago | Reuters – Chicago corn, soybean, and wheat futures eased on Tuesday as traders squared positions before a U.S. government supply and demand report this week. Wheat ticked down with falling Russian export prices, analysts said. Market participants are awaiting the U.S. Department of Agriculture’s global supply and demand estimates on Friday. In a […] Read more
U.S. livestock: Cattle futures end lower on profit-taking, technicals and flat cash prices
Chicago Mercantile Exchange cattle futures fell for a third consecutive day on Thursday in profit-taking and technical selling setback following recent highs and amid some weaker-than-expected cash market sales this week.
U.S. grains: Soybeans end firm as late-session technical buying offsets demand pressure
U.S. soybean futures rebounded on late-session technical buying to end firm on Thursday after concerns about a lack of sales to top importer China had dragged the market to 3-1/2 week lows.
U.S. livestock: Cattle futures end lower in profit-taking, technical correction
Chicago Mercantile Exchange cattle futures declined for a second straight session on Wednesday in a profit-taking and technical-selling correction from recent highs.
U.S. grains: Corn slips from six-week high, soybeans down on China demand worries
U.S. corn futures fell from a six-week peak on Wednesday on profit-taking and technical selling after three sessions of gains as an expected record-large U.S. harvest weighed on the market.
U.S. livestock: Cattle futures slip on demand concerns as beef prices turn lower
Chicago Mercantile Exchange cattle futures dipped on Tuesday as gains fueled by tight cattle supplies and strong demand faded amid concerns that high beef prices and cooling weather could soon affect retail meat sales, analysts said.
U.S. grains: Soy drops on demand worries, corn firm as traders question lofty yield projections
U.S. soybean futures fell to a 1-1/2 week low on Tuesday as China continued to shun purchases from the United States and as forecasts for improved rains in the coming days reinforced expectations for a sizeable Midwest harvest.
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