Chicago | Reuters – Chicago Mercantile Exchange hog futures fell on Tuesday, with strength in the soymeal market raising the prospects of increased feeding costs. Feeder cattle contracts were also weaker due to strong corn prices while live cattle edged higher on light technical buying. CME October lean hogs LHV2 fell 1.075 cents to 92.9 cents per
U.S. livestock: Hog futures fall as soy prices rally
U.S. grains: Corn, soy rally as crop concerns rise; wheat follows higher
Chicago | Reuters – U.S. corn futures surged 4.2 percent to a 7-1/2-week high on Tuesday as a report on crop conditions and a tour of key growing areas in the Midwest raised concerns that the size of the U.S. harvest will fall below expectations. The potential for reduced yields in the fall also sparked
U.S. grains: Soybean and wheat futures rise 2.2 per cent
Chicago corn futures firm
Chicago | Reuters — Chicago Board of Trade soybean futures rose 2.2 per cent on Monday, supported by hopes for a pick-up in the pace of exports as farmers in top global consumer China struggle with hot and dry weather that is expected to reduce the size of the crop there. “It appears that exporters
U.S. soybean harvest threatened by August weather outlook
Reuters – Soybeans in key growing areas of the U.S. Midwest will likely face more hot and dry conditions during August, a critical growing month, that could threaten harvest yields, according to weather forecasts. The world needs a big U.S. crop to replenish global stockpiles that have been pegged at a six-year low. Russia’s invasion
U.S. grains: Soybeans fall; corn rises; wheat eases as Ukraine trade watched
Chicago | Reuters – U.S. soybean futures fell on Friday for the fourth session of the last five, pressured by forecasts for spotty Midwest rains that could boost the health of it crop as it passes through key development periods, traders said. “Last year taught us that crops can survive (and even thrive) on minimal,
U.S. livestock: Cattle, hog futures firm
Chicago | Reuters – Chicago Mercantile exchange live cattle futures firmed to their highest in more than three months on Friday, while hog futures edged back toward the 13-1/2-month high hit on Wednesday. CME August live cattle futures LCQ2 settled 0.175 cent higher at 137.875 cents per lb, with the front-month contract LCc1 hitting its highest since April 29 during the
U.S. grains: Wheat futures hit six-month low, soy weak, corn ends firm
Chicago | Reuters – Chicago Board of Trade wheat futures fell on Wednesday, touching a six-month low with traders saying that newly harvested supplies were able to meet the current global demand. Soybean futures also were weaker, with the latest weather outlooks calling for better weather during key development periods for the U.S. crop. “The
U.S. livestock: Live cattle futures hit highest since late April
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rose to their highest in more than three months on Wednesday, supported by concerns that supplies of higher end cuts of meat will tighten in the coming weeks, traders said. CME August live cattle futures LCQ2 settled 1.325 cents higher at 137.9 cents per lb
U.S. grains: CBOT wheat hits five-month low
Corn, soy firm on U.S. weather outlook
Chicago | Reuters — Chicago Board of Trade wheat futures tumbled to a five-month low on Friday, with hopes for a pick-up in exports from war-torn Ukraine threatening the recent gains made in demand for U.S. supplies, traders said. Corn futures firmed again, their seventh gain in the last eight sessions, on concerns about hot
U.S. farmers look for premium on remaining 2021 crop
Sellers remain stubborn in the U.S., waiting to see what happens
Reuters – American grain buyers will have to boost prices to pry farmers’ corn and soybeans from their bins as growers are already flush with cash and can afford to wait and see if the market rallies. “I assume we are going to have to bid up throughout the summer,” a grain dealer in Ohio
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