Chicago / Reuters – U.S. soybean futures gained for the second straight session on Wednesday on short-covering and worries about dry weather conditions in the key crop development month of August, traders and analysts said. Corn futures also rose at the Chicago Board of Trade, primarily on bargain buying, while wheat was narrowly lower. CBOT soybeans
U.S. grains: Soy extends gains on short-covering, weather worries
U.S. grains: U.S. wheat tumbles on ample supplies, Euronext declines
Chicago / Reuters – Chicago Board of Trade wheat futures plunged as much as 3 per cent on Tuesday, their largest daily losses in three weeks, on pressure from ample global grain supplies and following declines in Euronext wheat, traders said. Wheat on the Paris exchange fell sharply for the second straight session, correcting after
U.S. grains: Soybeans extend losses on fund selling, favorable weather
Chicago / Reuters – U.S. soybean futures fell sharply on Monday, extending the steep declines seen last week on pressure from investment fund selling and favourable extended weather outlooks for the developing crop, traders and analysts said. Wheat and corn futures each were narrowly lower at the Chicago Board of Trade, with wheat reversing from earlier
First U.S. trader convicted of spoofing sentenced to jail
Chicago | Reuters — A U.S. judge sentenced futures trader Michael Coscia to three years in prison on Wednesday, a lighter punishment than prosecutors had sought for the first person criminally convicted of the manipulative trading practice of spoofing. Coscia also was sentenced to two years of supervised release from jail, in a case that
U.S. livestock: Cattle ease on profit-taking but gain for week
Chicago | Reuters — U.S. live cattle futures fell more than one per cent on Friday, snapping their longest streak of gains in a month as investors locked in profits ahead of the three-day July 4 holiday weekend, traders said. Feeder cattle futures also slumped in a profit-taking setback while lean hogs were narrowly mixed
U.S. livestock: Cattle up on short-covering, hogs mostly higher
Chicago | Reuters — U.S. live cattle futures gained for the second straight session on Tuesday, rising on short-covering and bull-spreading amid expectations for gains in cash cattle prices this week, traders and analysts said. A rebound in stock markets following declines tied to Britain’s decision in a referendum last week to exit the European
Big U.S. cattle placements in May point to more meat in Q3
Chicago | Reuters — Cattle placed in U.S. feedlots for fattening surged by 10 per cent in May, the U.S. Department of Agriculture said on Friday in data that suggested beef supplies will be ample and prices potentially lower in the third quarter of 2016. However, analysts polled by Reuters predicted the spike in placements.
U.S. livestock: Cattle tumble, hogs decline on liquidation after Brexit
Chicago | Reuters –– U.S. live cattle tumbled more than two per cent on Friday, extending the week’s losses to the largest in about two months, as investors liquidated holdings following Britain’s referendum vote to exit the European Union, traders and analysts said. Feeder cattle futures also fell sharply while lean hogs notched smaller declines
U.S. livestock: Cattle jump in technical rebound as corn extends losses
Chicago | Reuters — U.S. live cattle rose sharply on Thursday, extending gains to the third session in a row on technical buying and as falling corn prices reduced feed costs for fattening animals, traders and analysts said. Feeder cattle climbed to a 1-1/2 week high as corn slid to a six-week low while big
U.S. livestock: Hogs tumble most since March
Chicago | Reuters — U.S. lean hog futures plummeted by two per cent or more on Wednesday, notching their largest daily declines since March on technical selling and investment fund liquidation, traders and analysts said. Traders also were taking profits in hogs following their 1-1/2-year highs touched last week and ahead of a quarterly U.S.
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