Chicago Board of Trade (CBOT) soybean futures drifted lower on Monday, amid ongoing pressure from a hefty global supply and signs of investors hunting for profits, traders said.
U.S. grains: Soybeans fall on supply pressures; corn and wheat turn higher
U.S. grains: Wheat futures bounce after 3-1/2 year low; soy, corn climb
Hefty global grain supplies, competition for export business anchor prices
Chicago Board of Trade soybean and corn rose on Friday, extending their recovery from three-year lows set last month, following an uneventful monthly supply/demand report from the U.S. Department of Agriculture (USDA), analysts said.
U.S. grains: Wheat sags to 3-1/2-year low
Corn, soy firm ahead of USDA data
Chicago Board of Trade (CBOT) wheat futures ended mostly lower on Thursday with the benchmark contract Wv1 tumbling to a fresh 3-1/2-year low late in the session after China cancelled a purchase of U.S. wheat and Egypt scrapped an international purchase tender, traders said.
U.S. livestock: CME lean hog futures touch three-week low
CME live cattle futures also declined in range-bound trade
Chicago Mercantile Exchange lean hog futures fell on Wednesday for a third straight session in largely technical trade, analysts said, with the benchmark April contract LHJ24 dipping to a three-week low.
U.S. grains: Wheat hits 3-1/2-year low on export competition
Corn drifted upward, soybeans declined
Benchmark Chicago wheat futures tumbled to their lowest point in more than three years on Wednesday as low prices in an Algerian import tender this week highlighted stiff global export competition from Black Sea grain supplies, traders said.
CBOT weekly outlook: Little to come from March S/D report
Exports the most likely category to see changes, analyst says
There will likely not be a lot of notable changes in the March supply and demand report from the United States Department of Agriculture.
U.S. grains: Grains and soy falter on large South American supplies
Most analysts expect USDA to lower its Brazil harvest estimate
Chicago Board of Trade soybean futures slipped on Tuesday, surrendering gains from the previous session as large South American supplies weighed on the market.
U.S. livestock: Hogs end down after setting contract highs
CME cattle futures advance
Chicago Mercantile Exchange lean hog futures ended lower on profit-taking on Tuesday after the market set contract highs in deferred months, analysts said.
U.S. livestock: Lean hogs retreat in nearby contract after rally
Cattle futures declined in a retreat from rallies on Friday
Chicago Mercantile Exchange lean hog futures on Monday ended lower in the front-month contract in a setback from strong recent gains, traders said.
U.S. grains: Soybeans and corn rise on bargain-buying after sharp falls
Brazil soy harvest running ahead of schedule compared to last year
U.S. soybean and corn futures rose on Monday on bargain buying and short-covering after hitting three-year lows recently, but plentiful supply from South America limited gains, analysts said.
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