Chicago | Reuters — Chicago Board of Trade corn, soybeans and wheat rallied on Monday, with traders focused on forecasts for heat in the western U.S. Midwest that will quickly dry out soils in major production areas. “The forward forecasts have the heat that is presently over the Pacific Northwest to move over the western
U.S. grains: CBOT corn, soy, wheat rally as hot forecasts trump rains
MGEX September wheat also climbs
U.S. livestock: Hog futures firm on technical buying
Cattle futures up ahead of USDA placements report
Chicago | Reuters — Chicago Mercantile Exchange hog futures firmed on Friday, supported by technical buying after sagging to their lowest in nearly three months on Thursday, traders said. CME August hog futures, the most actively traded contract, ended up 1.075 cents at 99.775 cents (all figures US$). The wholesale U.S. pork carcass cutout price
U.S. grains: Court ruling, rains pressure corn, soy
CBOT wheat down, MGEX spring wheat up
Chicago | Reuters — Corn and soybean futures tumbled on Friday after a U.S. Supreme Court ruling bolstered a bid by small oil refineries seeking exemptions from laws requiring them to blend ethanol or other biofuels into their products, traders said. “Each time the markets start to stabilize, having priced in the latest round of
U.S. grains: Soybean futures fall after rain
Chicago corn, wheat futures both mixed
Chicago | Reuters — Chicago Board of Trade corn soybean futures fell on Thursday, pressured by rain in key growing areas of the U.S. Midwest this week, traders said. “I think it is probably confirmation of fairly widespread rain in areas that were in really dire straits,” said Chuck Shelby, president of Risk Management Commodities.
U.S. livestock: July hogs limit-down to lowest since late March
August live cattle down, feeders up
Chicago | Reuters — Chicago Mercantile Exchange hog futures tumbled to their lowest in nearly three months on Thursday with rising supplies pressuring the market, traders said. CME July hogs settled down the 4.5-cent daily trading limit at 100.025 cents/lb. (all figures US$). That was the lowest for the front-month contract since March 29. Actively
U.S. grains: Wheat rallies on Plains weather concerns
Chicago soybeans, corn weaker
Chicago | Reuters — U.S. wheat futures rose on Wednesday, led by gains in MGEX spring wheat contracts that firmed on concerns that dry conditions in key growing areas of the northern U.S. Plains and Canada could limit the size of the harvests. Soybean futures were lower as improving crop prospects in the U.S. Midwest
U.S. livestock: Hog futures fall as cash pork prices slide
Cattle futures, beef cutout values lower
Chicago | Reuters — U.S. lean hog futures fell sharply on Wednesday, with the front-month Chicago Mercantile Exchange contract sinking 2.8 per cent to its lowest in more than two months. Weakness in the cash market pressured hog futures, traders said. CME July hogs settled down three cents at 104.525 cents/lb., its lowest since April
U.S. grains: Corn, soy fall as Midwest rains seen boosting crop health
CBOT September wheat down, MGEX September wheat up
Chicago | Reuters — Forecasts for rain in the U.S. Midwest pushed corn and soybean futures lower on Tuesday, traders said. New-crop December corn, which tracks the crop that farmers will harvest in the fall, notched the biggest decline. The contract sagged 3.2 per cent as the storms are expected to provide a much-needed boost
U.S. livestock: Hogs firm after five days of declines
CME August live cattle, feeder cattle up
Chicago | Reuters — U.S. lean hog futures firmed on Tuesday, with the front-month contract snapping a five-session losing streak on some mild bargain-buying and short-covering, traders said. But concerns about waning export demand for U.S. supplies from China and Mexico kept the gains in check and hog futures remained near two-month lows. Mexico blocked
U.S. grains: Soybean futures fall, corn firm ahead of USDA report
CBOT, MGEX July wheats down; K.C. wheat up
Chicago | Reuters — U.S. soybean futures dropped 1.2 per cent on Wednesday, pressured by a round of profit-taking and weakness in the cash market, traders said. Wheat futures also were mostly lower after rain in the northern U.S. Plains eased some concerns about parched soils limiting the size of the crop. Corn futures were
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