Chicago | Reuters — CME Group cattle and hog futures weakened on Thursday, with traders expressing concerns about both domestic and export demand due to prospects for a softening global economy. The U.S. Agriculture Department (USDA) on Thursday morning said that weekly export sales of beef totaled 13,800 tonnes, down from 18,000 a week ago.
U.S. livestock: Hog, cattle futures fall on poor demand outlook
Winter storms threaten some herds
U.S. grains: Soy futures fall despite strong exports
Chicago corn, wheat rise
Chicago | Reuters — Chicago Board of Trade soybean futures fell on Thursday on concerns that a firm dollar and a weakening global economy could slow the robust pace of exports that has supported prices since harvest, traders said. Wheat futures were strong on a round of bargain buying following declines in eight of the
U.S. livestock: December live cattle down off 7-1/2-year high
Hogs down on export market concerns
Chicago | Reuters — CME Group live cattle futures dropped on a round of profit taking after the front-month contract rose to its highest since June 2015 early in the session. Concerns about a winter storm damaging herds in the U.S. Plains provided support to cattle futures overnight. While supply concerns dominated cattle futures trading,
U.S. grains: Corn, wheat futures ease
Chicago soybean futures firm
Chicago | Reuters — U.S. corn and wheat futures fell on Wednesday after hitting 11-day highs a day earlier as traders waited for more bullish news before pushing grain prices above those recent peaks. Soybeans were firm, shedding overnight weakness, with investors hoping that export demand for U.S. supplies of the oilseed will remain strong
U.S. grains: Soybean futures rise
Chicago wheat, corn values fall
Chicago | Reuters — U.S. soybean futures rose on Tuesday, supported by a round of bargain buying after two days of losses as well as signs that export demand remains strong, traders said. Corn and wheat futures weakened on a round of profit taking after hitting 10-day highs early in the session, with light demand
U.S. livestock: Hog futures rise on short-covering
CME cattle futures also up
Chicago | Reuters — CME Group hog futures rose on Tuesday, snapping a streak of five straight losing sessions on some mild short-covering, traders said. Gains were kept in check by concerns that demand for pork during China’s Lunar New Year celebrations will be lighter than usual due to rising COVID-19 cases in the country.
U.S. grains: Wheat, corn up on Black Sea export concerns
Chicago January soy falls
Chicago | Reuters — U.S. wheat and corn futures rallied on Monday after a weekend attack that temporarily shut down key port for Ukrainian exports raised concerns about disruptions to grain shipments, traders said. Soybean futures dropped following rains in Argentina that alleviated concerns about crop shortfalls from that key export country. News that the
U.S. livestock: CME February hogs hit two-month low
China COVID-19 concerns a factor; live cattle close higher
Chicago | Reuters — CME live hog futures fell to a two-month low on Monday, notching their fifth straight day of declines on concerns that Chinese pork consumption will fall during the country’s upcoming Lunar New Year celebrations, traders said. Cattle futures were firm, with strength in the cash market underpinning prices. Weakness in Chinese
U.S. nitrogen exports jump as Europe scrambles for fertilizer
Limited ability to backfill means there may be future “crisis of availability”
Reuters – American exports of nitrogen fertilizers jumped to a multi-year high this summer after surging natural gas prices in Europe drove up costs of producing the crop nutrient there, making U.S. shipments more competitive. The brisk U.S. sales highlight the far-reaching effect of the war in Ukraine on global food and energy supplies. Russia,
U.S. corn farmers wary of vomitoxin, latest stress on global grain supplies
Chicago | Reuters – A fungus that causes “vomitoxin” has been found in some U.S. corn harvested this fall, causing headaches for growers and livestock producers and forcing ethanol plants and grain elevators to scrutinize grain deliveries. The situation is another hit to global grain supplies that have sunk to the lowest in a decade since Russia
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