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Tom Polansek

Reuters

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


Stories by Tom Polansek

CME October 2018 live cattle, with 20-day moving average. (Barchart)
Livestock, Markets

U.S. livestock: Lean hogs, live cattle approach seven-month highs

By GFM Network News, Tom Polansek October 8, 2018
Chicago | Reuters — Chicago Mercantile Exchange lean hog and live cattle futures climbed to their highest prices in about seven months on Monday. Pushing cattle futures higher was optimism that cash prices will improve this week, traders said. Fed cattle in Texas and Kansas stayed mostly steady last week at about $111/cwt in the

CME October 2018 lean hogs, with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Lean hogs extend recovery, near six-month high

By GFM Network News, Tom Polansek October 5, 2018
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed to their highest prices in about six months on Friday on technical buying. CME October hogs reached a session high of 68.825 cents/lb., the contract’s highest price since April 19, before paring gains (all figures US$). It ended up 0.7 cent/lb., at 68.2 cents.


CME October 2018 lean hogs, with 20-day moving average in red. (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs touch highest since April

By GFM Network News, Tom Polansek October 3, 2018
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose for the fourth consecutive session on Wednesday and touched their highest prices in more than five months. CME October hogs traded up to 67.550 cents/lb., the contract’s highest price since April 20, before paring gains (all figures US$). It ended up 1.05 cents, to

CME December 2018 live cattle, with 20-day moving average in orange. (Barchart)
Livestock, Markets

U.S. livestock: CME cattle futures jump on trilateral trade pact

By GFM Network News, Tom Polansek October 1, 2018
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose to their highest prices since April on Monday after the U.S., Canada and Mexico said they struck a deal on a trilateral trade pact. News of the agreement, reached over the weekend, eased concerns that the United States would exit the North American Free


U.S. grains: Bigger-than-expected supplies knock down prices
Crops, Markets

U.S. grains: Bigger-than-expected supplies knock down prices

By GFM Network News, Tom Polansek September 28, 2018
Chicago | Reuters — U.S. grain futures slumped on Friday after the U.S. Department of Agriculture said farmers and crop handlers had more supplies in storage than analysts expected. The bigger-than-expected inventories from previous harvests add to an oversupply as U.S. farmers are starting to bring in another massive corn and soybean crop from their

CBOT December 2018 corn with 20-day moving average. (Barchart)
Crops, Markets

U.S. grains: Corn tops one-month high on strong U.S. export sales

By GFM Network News, Tom Polansek September 27, 2018
Chicago | Reuters — U.S. corn futures touched their highest prices in more than a month on Thursday on strong export demand and as traders adjusted positions ahead of a crop report expected to show supplies tightened over the past year. Soybean futures also rose, extending a rebound from recent losses into a third consecutive


U.S. grains: Soybeans rise on bargain buying, sale to Mexico
Crops, Markets

U.S. grains: Soybeans rise on bargain buying, sale to Mexico

By GFM Network News, Tom Polansek September 26, 2018
Chicago | Reuters — Bargain buying and a major sale of U.S. soy to Mexico on Wednesday helped lift U.S. soybean futures for a second day, traders said, while corn and wheat futures slipped. Soybeans are recovering after the most actively traded contract last week fell to its lowest price in nearly 10 years. The

(VBacarin/iStock/Getty Images)
Crops, Markets

U.S. grains: Soybeans top one-month high in turnaround from losses

By GFM Network News, Tom Polansek September 25, 2018
Chicago | Reuters — U.S. soybean futures climbed to their highest in more than a month on Tuesday in a turnaround from recent declines that were driven by concerns about the U.S.-China trade dispute hurting American exports. Corn futures also set a one-month high, while wheat pulled back from a one-month high reached on Monday.


U.S. grains: Corn, wheat surpass one-month highs
Crops, Markets

U.S. grains: Corn, wheat surpass one-month highs

By GFM Network News, Tom Polansek September 24, 2018
Chicago | Reuters — U.S. corn and wheat futures jumped on Monday to their highest levels in over a month on technical buying as well as concerns about rain stalling the country’s autumn harvests. Soybean futures slumped as China — the world’s top buyer of the oilseed — and the U.S. imposed fresh tariffs on

A Sept. 12 view from the International Space Station down the eye of Hurricane Florence, which has since weakened to a post-tropical cyclone. (NASA photo)
Livestock, Weather

Florence shuts down U.S. slaughterhouses

By GFM Network News, Lisa Baertlein, Tom Polansek September 18, 2018
Chicago/Los Angeles | Reuters — U.S. food companies kept slaughter plants shut on Monday in southeastern states swamped by Hurricane Florence as flash floods collapsed the walls of at least two hog manure pits, made roads undriveable and delayed rail shipments. Catastrophic flooding from Hurricane Florence, which has dumped up to 36 inches of rain


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