SYDNEY, May 22 (Reuters) – U.S. new-crop corn rose on Tuesday on bargain buying after the grain slid to an 11-month low in the previous session when figures showing record planting by U.S. farmers weighed on prices. FUNDAMENTALS * Chicago Board Of Trade December corn, the most actively traded contract, rose 0.24 percent to $5.21-1/2 [...]
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LIVESTOCK-U.S. live cattle jump with new beef price record
* Live cattle climb lifts feeder futures * CME hogs up with wholesale pork values By Theopolis Waters CHICAGO, May 21 (Reuters) – Chicago Mercantile Exchange live cattle futures on Tuesday closed higher after wholesale beef prices notched another record high fueled by grilling demand and tight supplies, said traders and analysts. Supermarkets are also [...]
GRAINS-Corn falls after record planting pace; soy up again
* U.S. farmers set weekly planting record of 41.8 mln acres * Corn drop pushes wheat to seven-week low * Spot soybeans have risen 4.5 pct during four-day rally (Updates with closing prices, adds new analyst quote) By Mark Weinraub CHICAGO, May 21 (Reuters) – U.S. corn futures dropped 1.5 percent, to their lowest since [...]
GRAINS-New-crop corn falls 1 pct on record weekly planting
SYDNEY, May 21 (Reuters) – U.S. new-crop corn futures fell more than 1 percent on Tuesday after U.S. farmers surpassed market expectations by planting a record amount of the crop last week. FUNDAMENTALS * Chicago Board of Trade December corn, the most actively traded contract, fell 1.06 percent to $5.14-1/2 a bushel, having gained 0.14 [...]
LIVESTOCK-U.S. hog futures shrug off pig virus sell off
* Live cattle jump as beef prices set new record * Feeder futures follow CME live cattle higher By Theopolis Waters CHICAGO, May 20 (Reuters) – Chicago Mercantile Exchange hogs recovered on Monday from Friday’s selloff, led in part by news of a hog virus outbreak in Iowa’s pig population, said traders and analysts. Last [...]
GRAINS-Old-crop soy up 1.1 pct as supplies tighten
* Corn sags on expectations of record planting report * New-crop soybeans weak; old-crop surges * Wheat prices hit lowest since April 2 before short covering (Recasts, updates with closing prices, adds new analyst quote) By Mark Weinraub CHICAGO, May 20 (Reuters) – U.S. old-crop soybean futures gained 1.1 percent on Monday as investors bought [...]
LIVESTOCK-US live cattle futures sag ahead of USDA report
* Cattle data seen neutral to futures on Monday * Feeders drop in tandem with live cattle futures * Fund selling, pig disease guide CME hogs lower By Theopolis Waters CHICAGO, May 17 (Reuters) – Chicago Mercantile Exchange live cattle futures closed lower on Friday as traders adjusted positions ahead of the U.S. Department of [...]
GRAINS-Corn up nearly 2 percent with farmers busy planting
* Farmers plant corn rather than sell it * Front-month soybeans also rise on tight U.S. supplies * Showers in U.S., Black Sea and Australia weigh on wheat (Updates with closing prices) By Sam Nelson and Julie Ingwersen CHICAGO, May 17 (Reuters) – U.S. corn futures rose 1.8 percent on Friday, reversing three days of [...]
GRAINS-Corn firms as rains expected to slow planting, soy hits 7-week top
* Corn rises for first time in four sessions * Soybeans hit 7-week high on tight stocks * Wheat little changed after sharp losses in previous session By Colin Packham SYDNEY, May 17 (Reuters) – U.S. corn rose on Friday for the first time in four sessions as wet weather was forecast across the Midwest, [...]
GRAINS-Corn firms, soybeans hit 7-wk high on tight stocks
SYDNEY, May 17 (Reuters) – U.S. corn rose for the first time in four sessions on Friday as investors looked for bargains after expectations that sowing would rapidly accelerate on forecasts of dry weather weighed earlier in the week. Despite falling for much of the week, corn is set to finish the week up 1 [...]
