May 12 (Reuters) – Chicago Mercantile Exchange live cattle futures were expected to open mixed on Monday, supported by their discounts to Friday’s cash prices but pressured by sluggish beef demand, traders said.
US Markets
CME live cattle seen opening mixed; hogs lower
GRAINS–Wheat slides to 2-wk low on forecasts of ample supplies
SINGAPORE, May 12 (Reuters) – Chicago wheat fell to its lowest in two weeks on Monday, weighed down by U.S. Department of Agriculture forecasts of plentiful global supplies. Soybean prices rose for a third straight session, supported after the USDA cut its forecast of old-crop U.S. ending stocks by more than expected in its monthly
GRAINS-Corn tumbles on USDA forecast for rising global supplies
* Rising stocks, improving planting weather weigh on corn * Soy higher, led by front months on tight U.S. supplies * Wheat down for 3rd day but clings to weekly gain (Updates with closing prices) By Julie Ingwersen CHICAGO, May 9 (Reuters) – U.S. corn futures fell 1.7 percent on Friday, retreating from a one-month
U.S. Cash Grains-Basis bids steady/firm; no new farmer sales
May 9 (Reuters) – Soybean and corn spot basis bids were steady to slighter higher at elevators and processors around the U.S. Midwest early on Friday in quiet trade, dealers said. * A southern Ohio processor increased its soybean bid by 5 cents per bushel in an effort to entice farmers to market as they
CME live cattle futures slip; hogs mostly firm
May 9 (Reuters) – Chicago Mercantile Exchange live cattle futures slid lower on Friday, weakened by profit-taking following Thursday’s lower wholesale beef prices, traders said. * Anticipation of steady to lower prices for market-ready, or cash, cattle exerted more pressure on futures, they said. * Friday is the third of five days in which funds
GRAINS-Wheat eyes 4th week of gains; corn, soy ease ahead of report
* Corn, wheat, soy edge lower ahead of USDA report
GRAINS-Wheat eases, but set for weekly gains of 2.5 pct
SYDNEY, May 9 (Reuters) – U.S. wheat futures edged down on Friday, but were heading for a weekly gain of more than 2 percent, supported by unfavourable weather across the Southern U.S. Plains and rising fears of supply disruptions in Ukraine. FUNDAMENTALS * Chicago Board Of Trade July wheat is trading up 2.5 percent for
GRAINS-Soybeans jump from 1-month low ahead of USDA monthly report
* Soybeans rise on technical buying, short-covering * Profit-taking drags down wheat ahead of USDA reports * USDA to release production, supply/demand data on Friday (Rewrites throughout, adds quotes, updates prices, changes byline, changes dateline from LONDON) By Karl Plume CHICAGO, May 8 (Reuters) – U.S. soybean futures rebounded from three days of losses on
GRAINS-Soybeans rise from 1-month low, weak demand caps gains
SYDNEY, May 8 (Reuters) – U.S. soybean futures rose for the first time in four sessions on Thursday, rebounding from a one-month low touched earlier in the week, but expectations of weaker Chinese demand kept a lid on gains. FUNDAMENTALS * Chicago Board Of Trade July wheat fell 0.3 percent to $7.35-3/4 a bushel, having
FOB Gulf Grain-Corn premiums steady-firm on good demand
May 7 (Reuters) – U.S. FOB Gulf corn basis offers were steady to higher for nearby shipments on Wednesday, supported by persistent demand from regular export customers and from domestic grain users, traders said. * May FOB basis offers widened their inverse to a roughly 15-cent-per-bushel premium to June and July shipments. Few exporters still
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