Chicago | Reuters –– U.S. soybean futures fell to their lowest in nearly two months on Friday and corn set a near one-month low on macroeconomic concerns along with beneficial rains in the western Midwest and Plains, analysts said. Soyoil futures fell more than five per cent on reports that the U.S. Environmental Protection Agency […] Read more
U.S. grains: Soy, corn slide on macroeconomic fears, biofuel worries
CBOT, MGEX December wheats also down
U.S. livestock: CME cattle, hogs drop in broader commodities sell-off
Investors take 'risk-off' approach, U.S. dollar surges
Chicago | Reuters — Cattle and hog futures on the Chicago Mercantile Exchange fell on Thursday, tracking broader market pressure amid worries about global growth and despite rising prices for beef and pork, traders said. Crude oil fell to its lowest levels since May and the U.S. dollar surged to a nine-month high, as rising […] Read more
U.S. grains: Corn, soy sag on broad commodities weakness
Forecasts call for rain in northwestern U.S. Midwest
Chicago | Reuters — U.S. corn and soybean futures fell about 2.5 per cent on Thursday, following broad declines in commodities including crude oil and metals tied to fears about slowing global growth, analysts said. Pressure also stemmed from forecasts for rains in northwestern portions of the Midwest that could improve production prospects, particularly for […] Read more
U.S. grains: Wheat climbs as drought persists
Soybeans ease on pressure from broader commodity markets
Chicago | Reuters — Chicago wheat futures gained on Monday, climbing to a 2-1/2- month high, supported by dry weather in parts of U.S., Canadian and Russian growing areas that raises global supply worries. Soybeans eased after last week’s gains, pressured by broader losses in outside markets, though weather uncertainty underpins the oilseed. Chicago Board […] Read more
U.S. livestock: Live cattle up on bargain-buying
CME lean hogs mostly lower; feeder cattle down on corn's bounce
Chicago | Reuters — U.S. live cattle futures firmed on bargain-buying on Friday after a steep plunge a day earlier, with expectations of steady to higher cash cattle prices next week adding support, traders said. “The market is chopping around but it looks like it needs to go back to the upside to price in […] Read more
U.S. grains: Corn, soy, wheat up after sell-off
Some traders feel Thursday's sell-off overdone
Chicago | Reuters — U.S. corn, soybean and wheat futures rose sharply on Friday, rebounding from steep declines a day earlier on bargain-buying ahead of the weekend and uncertainty about weather in the Midwest crop belt, analysts said. Fresh export interest lent support as this week’s break in futures appeared to stimulate demand. Chinese state-owned […] Read more
U.S. grains: Corn, soy plunge on weather, broad commodities sell-off
CBOT wheat follows trend lower
Chicago | Reuters — U.S. corn and soybean futures fell sharply on Thursday, pressured by outlooks for rain and cooler temperatures in the Midwest crop belt, as well as spillover from broad-based selling in the commodities sector, analysts said. Wheat followed the weaker trend, with seasonal pressure noted from the U.S. winter wheat harvest. Chicago […] Read more
CBOT weekly outlook: Commodities see ‘much needed’ correction
'You’re not going to go up every day'
MarketsFarm — A bullish market and sharp increases in commodities at the Chicago Board of Trade (CBOT), turned downward Wednesday in what Sean Lusk of Walsh Commercial Hedging Services called a “much needed correction.” Prices pulled back that day by varying degrees for soybean, corn and wheat futures, coinciding with declines in other commodity futures […] Read more
U.S. grains: Wheat, soybeans plunge on fund selling
Chicago July corn flat
Chicago | Reuters — U.S. soybean and wheat futures fell more than two per cent on Wednesday, with traders noting selling by investment funds as commodity contracts tumbled through key technical support points. The most-active corn futures ended unchanged, steadying after trading in negative territory for much of the session. Deferred contracts were slightly lower. […] Read more
U.S. grains: Wheat hits three-month low on supply prospects
CBOT soybeans, corn also decline
Chicago | Reuters — U.S. wheat futures fell to their lowest level of 2021 on Thursday, pressured by improving global production prospects and a firmer dollar, which tends to make U.S. grains less competitive globally, analysts said. Corn and soybean futures also eased, following broad declines in commodities along with position-squaring ahead of key U.S. […] Read more
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