GFM Network News

CBOT September 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn climbs on crop concerns

Chicago | Reuters — Chicago corn, soybean and wheat futures all settled higher on Wednesday on technical buying and as traders adjusted positions ahead of the U.S. Independence Day holiday. The September corn contract on the Chicago Board of Trade settled up 17-3/4 cents at $4.36-3/4 a bushel (all figures US$). The August contract for […] Read more

(Dave Bedard photo)

U.S. livestock: Cattle, hogs gain on pre-holiday technical buying

Chicago | Reuters — Chicago Mercantile Exchange livestock futures were mostly higher on Tuesday, with some hog and cattle contracts hitting multi-month peaks on technical buying ahead of Wednesday’s U.S. Independence Day holiday, traders and analysts said. CME July lean hog futures climbed to their highest since Feb. 26, settling up 0.525 cent to 83.725 […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle, hogs mostly higher on short-covering

Chicago | Reuters — U.S. livestock futures were mostly higher on Friday, with cattle prices stabilizing after Thursday’s multiweek lows and hogs consolidating in the middle of their recent trading ranges. Most-active Chicago Mercantile Exchange August live cattle settled 0.675 cents higher at 118.175 cents/lb. (all figures US$). June live cattle futures finished 0.8 cent […] Read more