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U.S. livestock: Bargain hunters send CME live cattle, feeders limit up

By GFM Network News, Theopolis Waters September 25, 2015

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday closed up their three-cents-per-pound daily price limit, ignited by active short-covering and bargain hunting after contracts recently tumbled to two-year lows, traders said. Spot-October and December finished at 133.7 and 137 cents/lb., respectively (all figures US$). Live cattle’s trading limit will be expanded

(Stephen Ausmus photo courtesy ARS/USDA)

Crops, Markets

U.S. grains: CBOT wheat slides from one-month high

By GFM Network News, Mark Weinraub September 24, 2015

Chicago | Reuters — U.S. wheat futures fell two per cent from a one-month top on Thursday on a round of profit taking, with plentiful global supplies allaying concerns about adverse crop weather in Australia and the Black Sea region, traders said. Corn futures edged lower, pressured by the expanding harvest of what is expected

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle again sink to two-year bottom

By GFM Network News, Theopolis Waters September 24, 2015

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped to a two-year low for a second consecutive session on Thursday, weighed on by seasonally slack beef demand, traders said. But, they said, late-session bargain hunting and short-covering lifted CME live cattle from morning lows. Spot-October closed 2.525 cents/lb. lower at 130.7 cents, after

Crops, Markets

U.S. grains: Wheat nears one-month high on global weather worries

By GFM Network News, Tom Polansek September 23, 2015

Chicago | Reuters — U.S. wheat futures neared a one-month high on Wednesday on short-covering and poor weather in Australia and the Black Sea region that worried traders who have recently been focused on large global supplies. Corn and soybean futures ended little changed. Propelling wheat prices higher was dry weather that is threatening the

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle plunge limit down to two-year low

By GFM Network News, Theopolis Waters September 23, 2015

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday tumbled to a two-year low, and by their three-cent-per-pound daily price limit, amid a seasonal slowdown in beef demand and lower expectations for cash prices this week, traders said. Spot-October and December respectively closed at 133.225 and 135.75 cents/lb., which are also their

Crops, Markets

U.S. grains: Soy futures fall as harvest pace picks up

By GFM Network News, Mark Weinraub September 22, 2015

Chicago | Reuters –– U.S. corn and soybean futures fell on Tuesday, under pressure from the expanding harvest around the U.S. Midwest as well as some profit-taking after rallying on Monday, traders said. Wheat futures also fell, but losses were kept in check as bargain buyers stepped into the market when prices hit their session

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle grind to 16-month low

By GFM Network News, Theopolis Waters September 22, 2015

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures on Tuesday quietly slid to their lowest level since late May 2014, pressured by seasonally sluggish wholesale beef demand, traders said. Global economic worries that sent U.S. stocks tumbling, which triggered selling across various commodities. Monday’s CME live cattle rally was overdone and were “tethered

Crops, Markets

U.S. grains: Wheat, corn rise on short-covering bump

By GFM Network News, Mark Weinraub September 21, 2015

Chicago | Reuters — U.S. wheat futures rose on Monday, with the benchmark Chicago Board of Trade soft red winter wheat contract gaining 1.8 per cent, on a round of short-covering by investment funds as well as technical buying, traders said. “If you are looking for a fundamental reason for today’s price rally, look elsewhere,

Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Bargain hunting, USDA report boost CME live cattle

By GFM Network News, Theopolis Waters September 21, 2015

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished higher on Monday, fueled by bargain hunting and short-covering following a four-day losing streak, traders said. Spot-October closed one cent per pound higher at 137 cents, and December ended up 1.375 cents, to 139.75. Traders said CME live cattle were further supported by Friday’s

Livestock

U.S. may kill poultry with heat stress to stop bird flu

By GFM Network News, Tom Polansek September 18, 2015

Chicago | Reuters –– U.S. agriculture officials seeking ways to control deadly bird flu have approved the use of a method to kill poultry by turning up the heat in their barns and shutting off ventilation systems. The Agriculture Department will consider using the method, condemned by animal rights groups as cruel, if there are

Daily Network News

CBOT Weekly: April supply and demand report a ‘nothing burger’

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Tag Archives USDA

U.S. livestock: Bargain hunters send CME live cattle, feeders limit up

U.S. grains: CBOT wheat slides from one-month high

U.S. livestock: CME live cattle again sink to two-year bottom

U.S. grains: Wheat nears one-month high on global weather worries

U.S. livestock: CME live cattle plunge limit down to two-year low

U.S. grains: Soy futures fall as harvest pace picks up

U.S. livestock: CME live cattle grind to 16-month low

U.S. grains: Wheat, corn rise on short-covering bump

U.S. livestock: Bargain hunting, USDA report boost CME live cattle

U.S. may kill poultry with heat stress to stop bird flu

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