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P.J. Huffstutter

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P.J. Huffstutter is a reporter for Reuters.


Stories by P.J. Huffstutter

U.S. livestock: CME cattle futures turn lower on profit-taking
Markets

U.S. livestock: CME cattle futures turn lower on profit-taking

Lean hogs also turn lower after recent rally faced fundamental resistance

By GFM Network News, P.J. Huffstutter, Reuters February 5, 2024
Chicago Mercantile Exchange cattle futures ended the day lower on Monday, as market participants sought to take profits after live cattle futures hit a nearly three-month high in the previous session, traders said.

CBOT Soybeans ZSH24 on Jan. 16 with Bollinger bands. (Barchart)
Markets

U.S. grains: Soybean futures firm as traders wrestle with Brazilian output forecasts

Conflicting South American soy crop forecasts roil trade; market processing USDA crop production report

By GFM Network News, P.J. Huffstutter, Reuters January 16, 2024
Chicago Board of Trade soybean futures ended higher on Tuesday on a technical bounce, amid a day of volatile trading and a flurry of news with conflicting pricing guidance, traders said.


Corn ZCH24 on Jan. 12 with 20-day moving average. (Barchart)
Markets

U.S. grains: Corn plunges on robust supplies, sluggish US demand

Soybeans fell to lowest price in 26 months on larger Brazilian crops, U.S. yield

By GFM Network News, P.J. Huffstutter, Reuters January 12, 2024
Chicago corn futures plunged to a three-year low on Friday after the U.S. Department of Agriculture reported that U.S. corn stocks swelled to their highest levels since 2018

Live cattle LEG24 on Jan. 12, with 20-day moving average. (Barchart)
Markets

U.S. livestock: live cattle, lean hogs fall amid weather, demand woes

Feeder cattle firmed amid dropping corn futures

By GFM Network News, P.J. Huffstutter, Reuters January 12, 2024
Chicago Mercantile Exchange lean hog and live cattle futures were mostly down on Friday as concerns about winter weather and sluggish export demand had some investors shedding their positions.


The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets

U.S. grains: Soybeans fall on demand concerns, Brazilian crop outlook

Corn, wheat futures were steady to up

By GFM Network News, P.J. Huffstutter, Reuters January 10, 2024
Chicago soybean futures fell on Wednesday, shedding gains from the previous session, amid growing market concerns about export demand and improving weather for Brazil's oilseed crop.

Lean hogs LEG24 as of Dec. 29. (Barchart)
Markets

U.S. livestock: CME cattle, lean hog futures mixed to lower

China's beef purchases supports live cattle

By GFM Network News, P.J. Huffstutter, Reuters December 29, 2023
Chicago Mercantile Exchange (CME) livestock futures were mostly mixed to lower on Friday, on limited technical trading and less-than-robust beef export news ahead of the New Year's holiday.


CME live cattle futures LEG24 on Dec. 28 with moving averages for 20, 50 and 100 days. (Barchart)
Markets

U.S. livestock: CME cattle, lean hog futures weighed by demand questions

Plains blizzards and cold winter weather stressed animals and impacted weight gain

By GFM Network News, P.J. Huffstutter, Reuters December 28, 2023
Chicago Mercantile Exchange (CME) livestock futures mostly ended lower on Thursday, as a sluggish cash market weighed on nearly all cattle markets and hog traders continued to wrestle with concerns about demand for hefty pork supplies, analysts said.

Photo: File
Markets

U.S. livestock: CME lean hog, cattle future contracts mixed

Live cattle futures eased on profit-taking and weaker-than-expected cash trades

By GFM Network News, P.J. Huffstutter, Reuters December 28, 2023
Chicago Mercantile Exchange (CME) feeder cattle futures firmed on Wednesday, seeing a boost from weakness in the grain market and as the trade tried to spur ranchers to rebuild their herds, analysts said.


Soybean futures ZSH24 on Dec. 22 with the 20-day moving average. (Barchart)
Markets

U.S. grains: Chicago soybean, grain futures firm ahead of holidays

Railways between U.S. and Mexico reopened five days after key trade routes closed

By GFM Network News, P.J. Huffstutter, Reuters December 22, 2023
Chicago Board of Trade soybean and grain futures firmed on Friday, as traders adjusted their positions before the year-end holidays after a flurry of economic data showed underlying inflation pressures continuing to ease.

Lean hogs HEG24 on Dec. 22 with the 20-day moving average. (Barchart)
Markets

U.S. livestock: CME lean hogs firm, but face bigger-than-expected US herd

Live cattle ended the day down, feeder cattle were up

By GFM Network News, P.J. Huffstutter, Reuters December 22, 2023
Chicago Mercantile Exchange lean hogs turned higher on a technical bump on Friday, and cattle futures were mixed on moderate cash trades, traders said.


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