Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday, on spillover weakness from feeder cattle futures and long liquidation as market players responded to a hefty net long position held by commodity funds, analysts said. CME February live cattle settled down 0.725 cent at 157 cents/lb. and April futures fell 0.8
U.S. livestock: CME cattle futures sag on long liquidation, rising grains
Hogs end mixed as traders' net long position shrinks
U.S. grains: Corn, soy up off early declines on export data
Chicago wheat follows suit
Chicago | Reuters — Chicago Board of Trade (CBOT) corn and soybean futures rallied to multi-month highs on Tuesday as signs of export demand and follow-through support from last week’s bullish U.S. government supply/demand reports overshadowed early pressure from wetter South American weather forecasts, traders said. Wheat followed the higher trend. CBOT March corn settled
The dawn of hybrid wheat
U.S. farmers gain access to new technology as war, climate threaten global food supplies
Global seed maker Syngenta plans to release a new type of wheat developed with complex cross-breeding techniques in the United States next year, beating out rival companies that are also trying to develop higher yielding wheat at a time of diminishing global grain supplies. The hybrid wheat, which combines positive traits from two parent plants,
U.S. livestock: CME lean hog futures tumble on China demand worries
Cattle futures lower despite bullish fundamentals
Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange fell more than four per cent on Monday, pressured by worries about Chinese demand for U.S. pork and expectations of a seasonal slide in wholesale ham prices, traders said. The CME February lean hogs contract settled down 3.75 cents at 84.75 cents/lb. after
USDA to consult exporters in early 2023 on new sales reporting system
Reuters – The U.S. Department of Agriculture has no time frame for relaunching upgrades to its weekly export sales reports after a failed roll-out in August, and will spend the first quarter working with exporters to address any problems, a USDA official has said. Exporters are required by law to report sales of U.S. agricultural
U.S. livestock: CME live cattle up on firm cash, speculative buying
February lean hogs end lower
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) hit the highest in nearly three weeks on Friday, supported by firm cash cattle markets and what appeared to be speculative buying, analysts said. Most-active CME February live cattle futures settled up 0.45 cent at 155.85 cents/lb. after reaching 156.125 cents, the
U.S. grains: Soy firms on bargain buying but posts weekly decline
December wheat ends down, corn up
Chicago | Reuters — U.S. soybean futures rose on Friday on bargain buying after a two-session slide, but still ended the week down about one per cent on uncertainty about demand from China, traders said. Wheat futures turned lower, retreating from early advances, with the benchmark December contract on the Chicago Board of Trade declining
U.S. livestock: CME live cattle up ahead of monthly USDA report
Lean hogs mostly up in technical trading
Chicago | Reuters — Benchmark live cattle futures on the Chicago Mercantile Exchange (CME) rose on Thursday for a third straight session on steady to firmer cash cattle markets and position-squaring a day ahead of a monthly U.S. government feedlot report, analysts said. Most-active CME February live cattle futures settled up 1.15 cents at 155.4
U.S. grains: Wheat sags on Black Sea export deal extension
Chicago corn turns higher
Chicago | Reuters — U.S. wheat futures dropped to a 2-1/2-month low on Thursday after the United Nations announced an agreement to extend a grain corridor for exports from war-torn Ukraine. Soybean futures fell on worries about demand as top global buyer China struggles with COVID-19 lockdowns. But corn turned higher as strong weekly U.S.
U.S. livestock: CME live cattle, lean hog futures end higher
Grain values' slip spurs buying
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) ended higher on Wednesday as expectations of tightening cattle supplies and a setback in grain prices sparked a round of buying, traders said. The most-active CME live cattle futures, for February delivery, settled up 1.2 cents at 154.25 cents/lb., a day after
Cyber-Savvy Farmer
