Forecasts for a smaller Russian wheat harvest due to persistent drought and frost pushed prices to a 10-month high of $7.20 a bushel this week. But by Friday, traders were less concerned about how much relief the well-timed rains might give the country's crop, analysts said.
U.S. grains: Wheat, corn futures end week lower with Russian crop in focus
U.S. grains: Wheat slips further from highs as Russia rain awaited
Chicago wheat futures turned lower for a second straight session on Thursday, falling from 10-month highs, as traders assessed whether rain forecast in parts of Russia would halt a rapid decline in harvest estimates for the world's top exporter.
U.S. livestock: Cattle turn lower as China allows some Russian beef imports
Chicago Mercantile Exchange (CME) cattle futures turned lower for a second trading session on Thursday, even as the tight U.S. cattle supply and strength in the beef cutout values offered support, analysts said.
U.S. grains: Wheat loses steam after rally as traders eye Russian weather
Chicago wheat futures edged down on Wednesday as investors took profits after the recent rally and questions remained about whether forecasts for rain in Russia would stem a decline in harvest prospects in the world's biggest exporter.
U.S. livestock: Cattle lower on technical trading, JBS-China export news
Chicago Mercantile Exchange (CME) cattle futures turned lower on Wednesday amid news that China has blocked U.S. beef exports coming from a JBS-owned plant in Colorado because traces of the feed additive ractopamine were identified in beef destined for China.
U.S. grains: Wheat hits 10-month high on reduced Russian crop outlook
Chicago benchmark wheat futures rose on Tuesday, supported by reduced harvest projections in Russia, Wv1 hitting a 10-month high before paring gains.
U.S. livestock: Cattle futures turn higher on packer buying expectations
Chicago Mercantile Exchange (CME) cattle futures turned higher on Tuesday on technical trading and market anticipation that packers increase buying on a shortened holiday week, analysts said.
U.S. livestock: Live cattle mixed, feeder cattle lower ahead of holiday weekend
Chicago Mercantile Exchange live cattle futures ended mixed on Friday, amid growing uncertainty over packer interest after the U.S. Memorial Day holiday weekend, traders said.
U.S. grains: Wheat rises 7 per cent this week on Russia crop worries
Chicago Board of Trade wheat futures closed nearly flat on Friday but rose seven per cent for the week as concerns grew over crop losses in Russia and other exporting countries.
U.S. grains: Wheat ends up on Black Sea crop worries, but rally seen losing steam
Chicago Board of Trade wheat futures extended gains on Thursday after reaching a 10-month peak a day earlier, as lingering dryness and worries over the Black Sea crop continued to underpin the market.
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