Chicago | Reuters — U.S. lean hogs gained the most in a week on Tuesday while cattle futures rose for the eighth straight session, with each commodity rising in tandem with wholesale meat prices on signs of growing demand, traders said. Trading volumes in the livestock contracts were relatively subdued at the Chicago Mercantile Exchange
U.S. livestock: Hogs jump, cattle firm on gains in meat prices
U.S. livestock: Cattle hit 3-1/2 week high on cash gains
Chicago | Reuters — U.S. live cattle futures jumped as much as two per cent to the highest levels in nearly a month on Monday, lifted by gains in the cash cattle market and signs demand for beef was improving, traders said. Feeder cattle futures also were sharply higher while lean hogs opened narrowly mixed
U.S. grains: Wheat, soy tumble on profit-taking
Chicago | Reuters — U.S. wheat, soybeans and corn plunged on Friday, with wheat posting its largest daily declines in three years as investors locked in profits after huge gains earlier this week, and extended weather outlooks were seen as beneficial for crops. Chicago Board of Trade wheat shed six per cent, but still managed
U.S. grains: Soybeans hit eight-month high
Chicago | Reuters — U.S. soybeans surged to the highest levels in eight months on Thursday on technical buying and bull-spreading as investors eyed outlooks for lower output due to rains in Argentina. Corn and wheat futures tumbled more than two per cent in a profit-taking setback at the Chicago Board of Trade, with volumes
U.S. grains: Soybeans extend gains on fund buying
Chicago | Reuters — U.S. soybeans shrugged off early losses to surge two per cent on Wednesday, hitting new eight-month highs and extending the gains of a dramatic April rally linked to investment fund buying and rain-related delays in Argentina’s harvest. Chicago Board of Trade soybeans reached the psychological threshold of $10 per bushel for
U.S. grains: Wheat, soy jump to multi-month highs on fund buying
Chicago | Reuters — U.S. soybean and wheat futures extended gains to multi-month peaks on Tuesday, lifted largely by technical and investment fund buying, traders and analysts said. Corn also rose at the Chicago Board of Trade, with all three agriculture future contracts gaining as part of a broad commodities rally. The dollar declined against
Costco plans chicken plant in Nebraska
Reuters — Costco Wholesale Corp. is considering building a poultry-processing plant in Nebraska, according to a local development council, a move that would give the retailer tighter control over its chicken supplies. The facility, if built in Nebraska’s Dodge County, would create 1,100 jobs, work with local chicken farmers and invest $180 million in the
U.S. grains: Wheat surges over three per cent
Chicago | Reuters — Wheat futures on the Chicago Board of Trade surged more than three per cent on Monday, notching their biggest daily gains since October as investors liquidated a portion of the record-large short stake, traders said. Corn and soybean futures each rose to fresh multi-month highs, before trimming gains in largely technically
U.S. livestock: Cattle tumble on technical selloff, beef woes
Chicago | Reuters –– U.S. live cattle futures fell to 1-1/2-month lows and feeder cattle declined by nearly three per cent on Tuesday in a technical selloff triggered by ample supplies and lower beef prices, traders and analysts said. Live cattle eased their third straight session, briefly falling by the daily limit of three cents/lb.
U.S. livestock: Live cattle, feeders mixed on beef declines
Chicago | Reuters — U.S. live cattle and feeder cattle futures were flat to narrowly mixed on Monday as lower wholesale beef prices suggested demand for the meat was slowing, traders said. Lean hogs were slightly lower in light trading at the Chicago Mercantile Exchange. Losses in outside markets kept a lid on gains in
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