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Tom Polansek

Reuters

Tom Polansek reports on agriculture and ag commodities for Reuters from Chicago.


Stories by Tom Polansek

Soybeans ZSH24 on Jan. 3 with 20 and 50-day moving averages. (Barchart)
Markets

U.S. grains: Soy futures recover from June low as rains benefit Brazil crops

A two-week high in the U.S. dollar also hung over agricultural markets

By GFM Network News, Reuters, Tom Polansek January 3, 2024
Chicago Board of Trade soybean futures ended firmer on Wednesday, as the market recovered after favorable rains in Brazilian crop areas sent the market to its lowest levels since June.

Live cattle LEG24 on Jan. 2 with 20 and 50-day moving averages. (Barchart)
Markets

U.S. livestock: CME cattle hit November highs as lean hogs set contract lows

Large supplies of hogs continue to pressure futures, analysts said

By GFM Network News, Reuters, Tom Polansek January 2, 2024
Cattle futures stormed higher at the Chicago Mercantile Exchange (CME) on Tuesday, boosted by firmer U.S. cash trading last week, while hog futures set contract lows.


Soybean futures ZSH24 as of Jan. 2, with 20 and 50-day moving averages. (Barchart)
Markets

U.S. grains: Soy futures fall to June low on improved Brazilian crop weather

Corn set a contract low in front-month futures; wheat futures declined

By GFM Network News, Reuters, Tom Polansek January 2, 2024
U.S. soybean futures slid to their lowest level since June on the first trading day of the year, after rains hit dry areas of Brazil and forecasts called for more showers.

Live cattle futures LEG24 on Dec. 19 with 20, 50 and 100 day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME cattle futures fall on technical trading ahead of reports

Lean hog futures also ended the day lower

By GFM Network News, Reuters, Tom Polansek December 19, 2023
Chicago Mercantile Exchange cattle futures closed lower on Tuesday on technical trading and investors adjusting their positions ahead of a series of key government reports, analysts said.


Live cattle LEG24 for Dec. 18 with moving averages for 20, 50 and 100 days. (Barchart)
Markets

U.S. livestock: Cattle extend advances on technical buying, firm equities

Lean hogs end slightly down after early jump

By GFM Network News, Reuters, Tom Polansek December 18, 2023
Chicago Mercantile Exchange live cattle and feeder cattle futures closed higher on Monday on technical buying and support from firmer equities, analysts said.

CME lean hogs HEG24 on Dec. 15, with moving averages at 20, 50 and 100 days. (Barchart)
Markets

U.S. livestock: CME hogs, cattle close at highest levels since November

Gains in the stock market supported livestock futures, analyst says

By GFM Network News, Reuters, Tom Polansek December 15, 2023
Chicago | Reuters -- Chicago Mercantile Exchange hog and cattle futures closed at their highest levels since November on Friday as short covering lifted the livestock markets, traders said.


CBOT soybeans ZSF24 as of Dec. 15 (Barchart).
Markets

U.S. grains: Soy posts first weekly gain in 1-1/2 months

Traders waited to see whether beneficial rains will arrive in dry areas of Brazil

By GFM Network News, Reuters, Tom Polansek December 15, 2023
Chicago | Reuters -- U.S. soybean futures finished higher in the nearby contract and lower in deferred months on Friday as traders waited to see whether beneficial rains will arrive in dry areas of Brazil as expected.

Photo: Thinkstock
Markets

U.S. livestock: CME lean hogs jump following recent slide

Live cattle futures have bounced a bit after sinking last week to a 14-month low

By GFM Network News, Reuters, Tom Polansek December 14, 2023
Lean hog futures climbed at Chicago Mercantile Exchange on Thursday as the market rebounded from recent losses amid short covering and hopes that cash prices may have reached a bottom, analysts said.


January 2024 CBOT soybeans as of Dec. 14, 2023, with moving averages over 20, 50 and 100 days. (Barchart)
Markets

U.S. grains: Soy futures rise amid US export demand

China may buy a couple more cargoes of U.S. soy for next-year delivery: analysts

By GFM Network News, Reuters, Tom Polansek December 14, 2023
Chicago | Reuters -- Chicago Board of Trade soybean futures settled higher on Thursday on steady U.S. export demand and weakness in the dollar, analysts said.

Sides of pork in cold storage. (Agnormark/iStock/Getty Images)
Livestock, Markets

U.S. livestock: CME hogs decline further as cattle face renewed pressure

"I think we're still trying to hunt for a bottom": analyst

By GFM Network News, Reuters, Tom Polansek December 13, 2023
Chicago Mercantile Exchange lean hog futures extended a slump, as live cattle futures came under renewed pressure with broad selling hitting agricultural markets on Wednesday.


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