Chicago | Reuters — U.S. lean hog futures fell more than one per cent on Tuesday, weighed down by technical selling and expectations that supply will increase, traders said. Cattle futures were only slightly lower on the Chicago Mercantile Exchange, staying within the narrow range that has defined the trade for weeks. CME December hogs, […] Read more
U.S. livestock: Hog futures slump on ample supplies
U.S. grains: Wheat sinks on technical selling, stronger U.S. dollar
Chicago | Reuters — U.S. wheat futures fell more than one per cent on Monday on technical selling and as a stronger dollar created a headwind for U.S. exports of the grain, which are already struggling to compete in the global marketplace. Corn futures eased on Monday after two straight sessions of gains while soybeans […] Read more
U.S. grains: Corn firms as rainy Midwest outlook threatens harvest
Chicago | Reuters — U.S. corn futures firmed on Thursday on concerns that several days of rainy weather expected across the U.S. Midwest could disrupt harvesting of what is forecast to be a bumper U.S. crop. Soybeans also drew support from the wet forecast, but shed gains late in the session in a technical selling […] Read more
U.S. livestock: Hog, cattle contracts end mixed
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures were mostly lower on Thursday, with deferred contracts setting back on a round of profit-taking. The front-month October hogs contract ended slightly higher, but closed below session peaks, in thin trading. Live cattle contracts followed a similar pattern to the hogs, with the front-month contract […] Read more
CBOT weekly outlook: Yield expectations limit upside for corn, soy
CNS Canada — Soybean and corn futures at the Chicago Board of Trade may be finding some short-term support from harvest delays across the U.S. Midwest, but expectations for large crops overall should limit the upside for prices going forward, according to an analyst. “The highs could be in right now,” said Rich Feltes of […] Read more
U.S. grains: Soy, corn firm as rain stalls Midwest harvest
Chicago | Reuters — U.S. corn and soybean futures firmed for a second day on Tuesday on expectations for improved demand following a recent price slump and as a rainy weather outlook for the Midwest threatened to stall harvesting. Futures jumped sharply on Monday on news of a newly negotiated U.S.-Mexico-Canada Agreement (USMCA), a replacement […] Read more
U.S. livestock: CME lean hogs, cattle rise on month-end buying
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Friday, with the most-active December contract jumping more than four per cent on short-covering at the end of the month and quarter, traders said. CME October hogs settled up 0.875 cent at 62.175 cents/lb. and December rose 2.45 cents at 57.925 (all figures […] Read more
U.S. grains: Corn tops one-month high on strong U.S. export sales
Chicago | Reuters — U.S. corn futures touched their highest prices in more than a month on Thursday on strong export demand and as traders adjusted positions ahead of a crop report expected to show supplies tightened over the past year. Soybean futures also rose, extending a rebound from recent losses into a third consecutive […] Read more
U.S. grains: Soybeans rise on bargain buying, sale to Mexico
Chicago | Reuters — Bargain buying and a major sale of U.S. soy to Mexico on Wednesday helped lift U.S. soybean futures for a second day, traders said, while corn and wheat futures slipped. Soybeans are recovering after the most actively traded contract last week fell to its lowest price in nearly 10 years. The […] Read more
CBOT weekly outlook: USDA reports not expected to shake up markets
CNS Canada — Corn, soybean and wheat futures in the U.S. are awaiting the latest U.S. Department of Agriculture (USDA) reports, but traders aren’t expecting the reports to much of an effect on prices. USDA releases its quarterly grain stocks and small grains summary reports on Friday. “It basically wraps up the 2017-18 crop year […] Read more