Chicago | Reuters — Chicago Mercantile Exchange live cattle futures turned lower on Wednesday on a round of profit-taking after most months climbed to life-of-contract highs, with a seasonal downturn in beef prices adding to bearish sentiment, traders said. Most-active August live cattle futures settled down 1.95 cents at 176.875 cents/lb., retreating after rising to
U.S. livestock: CME cattle down off contract highs on profit-taking
Hogs also down off early strength
U.S. grains: Corn hits 2-1/2-year low, soybeans tumble over USDA data
WASDE also pressures CBOT wheat
Chicago | Reuters — U.S. corn futures fell to their lowest price since early 2021 on Wednesday after the U.S. Department of Agriculture projected a larger-than-expected domestic crop and rising supplies, analysts said. Soybean futures tumbled after USDA’s forecast of 2023-24 soy ending stocks fell above a range of trade estimates, and wheat futures were
U.S. livestock: CME hogs rally as pork prices rise
August live cattle touch new contract high
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Tuesday, bouncing after a three-session slide as wholesale pork prices rose and cash hog prices firmed, traders said, while tight cattle supplies sent futures to life-of-contract highs. CME August lean hogs settled up 3.4 cents at 97.575 cents/lb., and the October contract
U.S. grains: Soy climbs on supply worries ahead of USDA reports
Chicago wheat, corn also rise
Chicago | Reuters — U.S. soybean futures rose for a second straight session on Tuesday as traders braced for a monthly U.S. government crop report due on Wednesday that is expected to project a smaller crop and tighter supplies, analysts said. Wheat futures rose as a drone strike on Ukraine’s Odesa port returned attention to
U.S. grains: Soy futures climb ahead of key USDA reports
CBOT December corn up, September wheat down
Chicago | Reuters — U.S. soybean futures rose about two per cent on Monday, bouncing off of a one-week low set Friday as traders positioned ahead of monthly crop reports due at midweek from the U.S. Department of Agriculture that are expected to project tighter U.S. supplies of the oilseed, traders said. Strength in global
U.S. grains: Soy soars after USDA slashes plantings estimate
CBOT corn dives, wheat follows; soyoil runs limit-up
Chicago | Reuters — U.S. soybean futures surged about six per cent on Friday after the U.S. Department of Agriculture (USDA) reported much lower-than-expected 2023 soy plantings and June 1 inventories, while corn futures tumbled on larger-than-expected acreage. Wheat futures fell in sympathy with corn, despite a smaller-than-expected quarterly wheat stocks figure. On the Chicago
U.S. livestock: CME cattle up as corn prices slide
Chicago lean hog futures end mixed
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set a three-week high on Friday, lifted by a surge in feeder cattle futures as corn prices tumbled, traders said. Tightening U.S. cattle supplies and a resilient beef market lent support, along with a strong close for the month and quarter on Wall Street that
U.S. livestock: CME nearby hog futures up ahead of herd data
Cattle up on bullish fundamentals
Chicago | Reuters — Chicago Mercantile Exchange nearby lean hog futures ended higher on Thursday, as wholesale pork prices rose, cash hog prices firmed and traders awaited quarterly hog data from the U.S. Department of Agriculture (USDA). Benchmark August hogs settled up 1.225 cents at 92.325 cents/lb. after reaching 93 cents, right at the contract’s
U.S. grains: Corn futures near three-week low
Soy mostly firm ahead of USDA reports; wheat follows corn lower
Chicago | Reuters — U.S. corn futures fell to their lowest in nearly three weeks on Thursday as rains bolstered production prospects in the Midwest and traders braced for key acreage and stocks data due Friday from the U.S. Department of Agriculture. Wheat followed corn lower, pressured by a stronger U.S. dollar, which tends to
U.S. grains: Corn, soy tumble on forecasts for much-needed rains
CBOT September wheat also lower
Chicago | Reuters — U.S. corn futures fell more than four per cent and soybeans more than two per cent on Wednesday, pressured by forecasts for beneficial rains in the Midwest where crops have struggled with dry conditions, analysts said. Wheat also declined, pressured by the expanding U.S. winter wheat harvest and a larger-than-expected Canadian
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