CME August 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Futures drop ahead of USDA data

Cattle on Feed report could be bearish Monday

Chicago | Reuters — U.S. livestock futures fell on Friday, as hog producers and cattle ranchers continue to struggle with a massive backlog even as many slaughterhouses come back online. The U.S. Department of Agriculture’s monthly Cattle on Feed report, released Friday after the market close, showed May feedlot placements at 99 per cent compared

CBOT July 2020 soybeans with 20- and 50-day moving averages. (Barchart)

U.S. grains: Soybeans climb as China trade talks progress

July wheat down over four per cent on week

Chicago | Reuters — Chicago soybean futures gained on Friday as U.S. trade talks with China continued, invigorating hopes the top soybean importer would reach earlier export estimates. Wheat fell as the U.S. winter wheat harvest progressed, while corn inched higher on technical positioning. The most active soybean futures on the Chicago Board of Trade



CBOT July 2020 wheat with Bollinger (20,2) bands. (Barchart)

U.S. grains: Wheat slips on bumper harvest, soy up on exports

Corn inches up on technical trading, weather questions

Chicago | Reuters — Chicago wheat futures slid again on Thursday, dropping to their lowest in more than eight months amid a bumper U.S. harvest and well-timed European rains. Soybeans and corn edged higher, on technical trading and signs weather may not be so crop-friendly across the U.S. Corn Belt in coming days. The most-active


CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures, beef prices decline

Lean hogs up amid technical buying

Chicago | Reuters — U.S. live cattle futures fell Thursday as boxed beef prices tumbled under pressure from rising production. Beef output has increased as meat companies increase slaughtering after temporarily closing processing plants in April and May because of outbreaks of the COVID-19 coronavirus among workers. Processors killed an estimated 120,000 cattle on Thursday,



MGEX September 2020 spring wheat (candlesticks) and Kansas City (K.C.) September 2020 hard red winter wheat (yellow line). (Barchart)

CBOT weekly outlook: Spring wheat premium widening over winter wheat

Row crop futures stuck in sideways range

MarketsFarm — All eyes remain on weather conditions in U.S. grain and oilseed markets, with soybeans and corn stuck in sideways patterns while seasonal harvest pressure causes the spring wheat premium to widen over the winter wheats. The advancing winter wheat harvest has weighed on Chicago and Kansas City winter wheat contracts recently, with reports

CBOT July 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat hits eight-month low as harvest advances

Soybeans gain on trade optimism; ethanol report supports corn

Chicago | Reuters — Chicago wheat futures edged downward on Wednesday reaching an eight-month low as the U.S. harvest continues and rainfall across Europe allayed recent weather worries. Corn prices climbed after early losses, ending in positive territory on increased ethanol use, but capped by pressure from favourable weather across the U.S. Midwest, while soybeans


CME July 2020 lean hogs with 20- and 50-day moving averages. (Barchart)

U.S. livestock: Hog futures still face headwinds over demand questions

Cattle futures mixed on USDA report expectations

Chicago | Reuters — U.S. lean hog futures traded choppy on Wednesday, amid ongoing pressure from large domestic supplies and rebounding pork production, analysts said. Meanwhile, concerns over a potential slowdown in U.S. pork exports kept markets jittery for a second session, traders said. China’s meat importers fear clearing delays and a hit to demand

CBOT July 2020 corn with 20- and 50-day moving averages. (Barchart)

U.S. grains: Corn trims gains on technical selling

Wheat slides as harvests face decreased demand; soybeans drop on down meal market

Chicago | Reuters — Chicago corn futures ended slightly lower on Tuesday after a day of positive trading after the U.S. Department of Agriculture (USDA) reported decreased crop conditions due to recent hot weather across the western corn belt. Wheat slid as winter harvests continue, while soybeans remained lower as weak soymeal trade overwhelmed gains