Chicago | Reuters –– U.S. corn and wheat rose on Friday, extending steep gains from the previous session on technical buying while soybeans jumped to a one-month high on large export sales of soybeans to China. Thursday’s rally in grains at the Chicago Board of Trade was tied to a steep drop in the dollar,
U.S. grains: Corn, wheat extend gains on technical buying
U.S. grains: Wheat surges on short-covering on tumbling dollar
Chicago | Reuters — U.S. wheat surged more than two per cent on Thursday, snapping a six-session losing streak as investors covered short positions and the dollar tumbled after the European Central Bank acted to fight low inflation. Corn futures also jumped, while soybeans shook off earlier losses to turn narrowly higher at the Chicago
U.S. grains: Wheat falls to 5-1/2 year low on rising dollar
Chicago | Reuters — U.S. grains fell on Wednesday, with wheat prices hitting the lowest levels since June 2010 as a rising dollar made the cereals less attractive in global markets, traders said. Wheat now has declined six sessions in a row, shedding more than eight per cent in the worst such skid since July
U.S. livestock: Cattle fall most in two weeks on dry Plains forecast
Chicago | Reuters –– U.S. cattle futures fell as much as 2.5 per cent on Monday, with both live and feeder cattle contracts posting their largest daily declines in two weeks on ample supplies and expectations for improved weather in the southern Plains. Snow, ice and rains slowed movement of cattle to market last week
U.S. livestock: Cattle up for week, first time since October
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures edged higher on Friday, capping their first weekly gain in five weeks as wintry weather across the central U.S. slowed the movement of cattle to market. Storms from New Mexico to Illinois that brought ice, snow and pounding rain caused flooding, killing at least three
U.S. livestock: Lean hogs hit three-week high as cash prices stabilize
Chicago | Reuters — U.S. lean hog futures jumped as much as two per cent on Wednesday, lifted by stabilizing cash prices and ideas the market may have bottomed out after hitting six-year lows earlier this month. Live cattle futures and feeder cattle also were higher in light-volume trading at the Chicago Mercantile Exchange ahead
U.S. ethanol output rising as industry awaits new mandates
Reuters — U.S. ethanol production topped one million barrels per day for the first time last week, data showed Wednesday, ahead of a government deadline to issue a plan for the country’s hotly debated biofuels program. The largest boost in production rates since May showed U.S. ethanol makers capitalizing on a recent uptick in profit
U.S. livestock: Cattle ease on profit-taking after one-week highs
Chicago | Reuters — U.S. live cattle and feeder cattle futures fell as much as 1.8 per cent on Tuesday as investors took profits after prices hit a one-week high in the previous session, traders and analysts said. A government report on Monday showing bigger beef supplies than a year ago also weighed on futures
U.S. livestock: Live cattle, feeders fall to contract lows on fund selling
Chicago | Reuters — U.S. live cattle and feeder cattle futures plunged to contract lows on Tuesday while lean hogs also extended recent losses, pulled down by ample supplies of animals for slaughter, and meat in storage. Expectations for lower cattle prices in cash markets also weighed. Live cattle and feeder cattle had declined by
U.S. grains: Wheat mostly lower on technical selling
Chicago | Reuters — U.S. wheat and soybean futures were mostly lower on Friday, in a technical selloff and as the U.S. dollar rose to its highest in two months against a basket of currencies. Prices trimmed losses while corn futures turned higher late in the session, lifted in part by the expiration of November