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Tag Archives exports


Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: Chicago corn futures hit new lows

Exports being lost because of US-Mexico rail crossing closures, industry says

By P.J. Huffstutter, Reuters, GFM Network News December 20, 2023
Chicago front-months' corn contracts hit new lows on Wednesday after the U.S. government closed two key rail crossings into Mexico, the top importer of U.S. corn, in response to rising migrant crossings.

Photo: File
Livestock, Markets, Reuters

U.S. livestock: Cattle futures firm on hopes of higher cash prices

The trade is expecting a smaller hog herd, Reuters survey shows

By P.J. Huffstutter, Reuters, GFM Network News December 20, 2023
Chicago Mercantile Exchange cattle futures firmed on Wednesday amid technical trading, weakness in U.S. corn futures and hopes of higher cash prices next week as packers close out the year, analysts said.


Photo: Thinkstock
Crops, Markets

CBOT weekly outlook: U.S. wheat remains rangebound 

U.S. wheat prices essentially bottomed out during late November; recovered somewhat in December

By Glen Hallick Marketsfarm, GFM Network News December 20, 2023
United States wheat prices have been in something of a quandary lately, with any hope of higher prices curtailed by the need to remain competitive with cheaper Russian wheat, according to Tom Lilja of Progressive Ag in Fargo, North Dakota.  

(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Chicago soybeans turn lower on rain forecast in Brazil

Wheat futures rose on a technical bounce

By P.J. Huffstutter, Reuters, GFM Network News December 19, 2023
Chicago soybean futures turned lower on Tuesday, as weather forecasts called for Brazil's dry crop belts getting some much-needed rainfall in the coming days.


Live cattle futures LEG24 on Dec. 19 with 20, 50 and 100 day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures fall on technical trading ahead of reports

Lean hog futures also ended the day lower

By Reuters, Tom Polansek, GFM Network News December 19, 2023
Chicago Mercantile Exchange cattle futures closed lower on Tuesday on technical trading and investors adjusting their positions ahead of a series of key government reports, analysts said.

Harvested Saskatchewan lentils. (Bobloblaw/iStock/Getty Images)
Crops, Markets

Tight Canadian lentil carryout expected

Tightest lentil stocks since July 2010 forecasted

By Phil Franz-Warkentin, GFM Network News December 19, 2023
Canadian lentil stocks are forecast to be extremely tight by the close of the 2023/24 marketing year, which should keep prices well supported despite expectations for a smaller export program.


Soybeans ZSF24 for Dec. 18 with Bollinger bands over 20 days. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans rally as Argentina seeks to raise meal, oil export taxes

Good export demand also underpinned soybeans

By Karl Plume, Reuters, GFM Network News December 18, 2023
U.S. soybean futures clawed back early losses and ended higher on Monday on good U.S. export demand and after Argentina's new government said it would raise export taxes on soymeal and soyoil in the world's supplier of the soy products.

Live cattle LEG24 for Dec. 18 with moving averages for 20, 50 and 100 days. (Barchart)
Markets, Reuters

U.S. livestock: Cattle extend advances on technical buying, firm equities

Lean hogs end slightly down after early jump

By Reuters, Tom Polansek, GFM Network News December 18, 2023
Chicago Mercantile Exchange live cattle and feeder cattle futures closed higher on Monday on technical buying and support from firmer equities, analysts said.


CME lean hogs HEG24 on Dec. 15, with moving averages at 20, 50 and 100 days. (Barchart)
Markets, Reuters

U.S. livestock: CME hogs, cattle close at highest levels since November

Gains in the stock market supported livestock futures, analyst says

By Reuters, Tom Polansek, GFM Network News December 15, 2023
Chicago | Reuters -- Chicago Mercantile Exchange hog and cattle futures closed at their highest levels since November on Friday as short covering lifted the livestock markets, traders said.

CBOT soybeans ZSF24 as of Dec. 15 (Barchart).
Markets, Reuters

U.S. grains: Soy posts first weekly gain in 1-1/2 months

Traders waited to see whether beneficial rains will arrive in dry areas of Brazil

By Reuters, Tom Polansek, GFM Network News December 15, 2023
Chicago | Reuters -- U.S. soybean futures finished higher in the nearby contract and lower in deferred months on Friday as traders waited to see whether beneficial rains will arrive in dry areas of Brazil as expected.


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