Chicago | Reuters — U.S. corn futures hit life-of-contract highs on Thursday, supported by tightening global grain supplies and an uncertain production outlook as the Russia-Ukraine war continued to rattle markets, analysts said. However, trade was choppy and deferred corn contracts finished lower as traders took profits ahead of a three-day holiday weekend. U.S. markets […] Read more
U.S. grains: Corn climbs on global supply fears
Wheat down on profit-taking; Argentina trucker strike supports soy, corn
U.S. livestock: CME cattle follow broad strength in commodities
June lean hog futures down on day
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange rose on Wednesday for a third straight session, buoyed by broad strength in commodities along with firming cash cattle prices, traders said. A blizzard crossing the northern Plains lent support, raising concern about stress on cattle in the Dakotas, but the storm was […] Read more
U.S. grains: Corn nears 10-year high
Wheat, soy up as Ukraine still in focus
Chicago | Reuters — U.S. corn futures hit their highest in nearly 10 years on Wednesday and wheat touched a three-week top on worries about tightening global grain supplies, the crisis in Ukraine and drought in the U.S. Plains, analysts said. Soybeans bounced, shaking off signs of slowing demand from top global buyer China, while […] Read more
U.S. grains: Corn, wheat climb on Ukraine woes, U.S. biofuel plan
May soybeans also close higher
Chicago | Reuters — U.S. corn, wheat and soybean futures rose on Tuesday on worries about the Russia-Ukraine conflict persisting and disrupting Black Sea grain exports, and optimism about increased demand for biofuels, analysts said. U.S. President Joe Biden will unveil plans to extend the availability of higher biofuel blends of gasoline during the summer […] Read more
U.S. livestock: CME cattle futures climb on firmer cash trade
Lean hogs up on technical buying
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed higher on Tuesday on firmer cash cattle prices compared to last week and broad strength in commodities, analysts said. CME June live cattle futures settled up 1.5 cents at 136.3 cents/lb. after touching 136.675 cents, the contract’s highest since April 1 (all […] Read more
U.S. livestock: CME lean hogs, live cattle end higher
May feeder cattle up, August down
Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange inched higher on Monday as technical buying and worries about tightening U.S. hog supplies offset fears of slowing pork export demand and softening cash hog prices, traders said. CME benchmark June lean hogs settled up 0.45 cent at 115.025 cents/lb. (all figures US$). […] Read more
U.S. grains: Wheat firm as Ukraine war raises supply fears
CBOT corn ends mixed
Chicago | Reuters — U.S. wheat futures rose nearly three per cent on Monday and hit a two-week high on worries about U.S. crop prospects and concern that fighting in Ukraine will continue to disrupt Black Sea region exports, analysts said. But soybeans fell as COVID-19 lockdowns in China, the top importer of the oilseed, […] Read more
U.S. grains: Soy extends slide, corn mixed
CBOT wheat continues lower
Chicago | Reuters — U.S. soybean futures fell for a second session on Friday, with the spot May contract dropping below US$16 a bushel for the first time in a month after the U.S. Department of Agriculture forecast record soy acreage in that country. Corn futures ended mixed. The front May contract on the Chicago […] Read more
U.S. livestock: CME hogs, cattle ease on profit-taking
Rising corn values pressure feeder cattle
Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange fell on Friday on follow-through technical selling one day after the benchmark June contract closed lower in a huge reversal from a life-of-contract high. CME benchmark June lean hogs settled down 0.175 cent at 120.40 cents/lb., retreating farther from the contract high set […] Read more
U.S. livestock: CME lean hogs retreat off contract highs
Corn's climb drags on cattle futures
Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange closed lower on Thursday, shrugging off early support from a bullish U.S. government hog inventory report as traders appeared to focus instead on profit-taking at the end of the quarter and disappointing wholesale pork prices, traders said. CME benchmark June lean hogs settled […] Read more
Canadian Cattlemen Presents: Depth of Field
