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  • Huge crops in South America says analyst

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Tag Archives USDA


Photo: iStock/Getty Images
Markets

U.S. livestock: Lean hogs, feeder cattle turn higher on bargain buying

By Reuters July 11, 2024
Chicago Mercantile Exchange (CME) lean hog futures turned higher on Thursday on a spate of bargain-buying, after the most-active August contract LHQ24 set a new low during the session, traders said.

Photo: iStock/File
Markets

U.S. livestock: Hog futures close down the daily limit on oversupply

By Reuters July 10, 2024
CME lean hog futures LHQ24 closed limit down on Wednesday as a hefty oversupply and weak demand from consumers dragged futures lower, traders said.


(Medioimages/Photodisc/Getty Images)
Markets

U.S. grains: Soy futures fall to 2020 low on strong US crop prospects

By Reuters July 10, 2024
Chicago Board of Trade soybean futures fell to a 2020 low on Wednesday, while corn hovered near a four-year low as favorable U.S. crop conditions kept a lid on prices.

File photo of a Wyoming corn crop. (RiverNorthPhotography/iStock/Getty Images)
Markets

CBOT weekly: Good weather leads to new lows in Chicago soybeans and corn

By Phil Franz-Warkentin July 10, 2024
Soybean and corn futures at the Chicago Board of Trade fell to fresh contract lows in early July, as relatively favourable growing conditions and bearish technical signals weighed on values.


U.S. livestock: Cattle futures lower on dip in consumer demand
Markets

U.S. livestock: Cattle futures lower on dip in consumer demand

By Reuters July 9, 2024
CME live and feeder cattle futures turned lower on Tuesday as cutout values fell and consumer demand waned following the end of major steak-eating holidays, traders said.

(Medioimages/Photodisc/Getty Images)
Markets

U.S. grains: Wheat, corn recover after slide; soy hits 2020 low

By Reuters July 9, 2024
Chicago wheat and corn futures ticked higher on Tuesday after sharp declines on Monday, while most-active soybean futures closed at their lowest point in nearly four years, as expectations of ample supplies from northern hemisphere harvests hung over the market.


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets

U.S. grains: Soybean, grain futures drop on expectation of positive crop report

By P.J. Huffstutter, Reuters July 8, 2024
Chicago Board of Trade soybeans and corn futures on Monday dropped to around the lowest prices in four years, as traders expected a positive picture of U.S. crop progress from the U.S. Department of Agriculture (USDA) in a report due later in the day.

2023-24 was a banner year for cattle marketing.
Markets

U.S. livestock: Cattle futures lower, hogs mostly down on demand questions

By P.J. Huffstutter, Reuters July 8, 2024
Chicago Mercantile Exchange cattle futures turned lower on Monday, shedding a post-holiday rally on demand concerns and news that beef-loving Argentines are cutting back on buying steaks as the country's economy slumps.


U.S. grains: US wheat futures up on strengthening demand
Markets

U.S. grains: US wheat futures up on strengthening demand

July 5, 2024
Chicago Board of Trade wheat futures spiked on Friday amid an uptick in demand for U.S. wheat due to a weaker dollar and the availability of desirable new-crop wheat, traders said.

(Geralyn Wichers photo)
Markets

U.S. livestock: Live cattle futures continue rally on steady demand

By Reuters July 5, 2024
Chicago Mercantile Exchange live cattle futures closed higher on Friday as consumer demand for beef remains high and as U.S. cattle herds continue to undergo a period of contraction, traders said.


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