Chicago | Reuters — U.S. soybean futures extended a rally to 6-1/2-year highs before trimming gains on Monday as dry crop weather and disruptions to exports in South America continued to unsettle investors at a time of brisk Chinese demand, analysts said. Wheat closed modestly higher, while corn ended mixed, as both commodities pared gains […] Read more
U.S. grains: Soy rally extends into 2021
South America soybean supply fears continue; corn ends mixed
U.S. livestock: Live cattle futures ease as corn prices soar, raising feed costs
Chicago | Reuters – U.S. live cattle futures declined on Wednesday for a second session as surging corn prices signaled rising feed costs and pressured feeder cattle futures, traders said. Chicago Mercantile Exchange (CME) February live cattle futures settled down 0.125 cent at 114.450 cents per pound, while CME March feeder cattle tumbled 1.475 cents […] Read more
U.S. grains: Wheat posts weekly dip as supply worries ease
Corn, soy futures also lower
Chicago | Reuters — U.S. wheat futures fell more than one per cent on Friday and recorded a weekly loss as expectations for bumper wheat harvests in Australia and Canada tempered fears of tightening global supplies. Corn and soybean futures declined on forecasts for beneficial rains in northern and central Brazil, although worries about dry […] Read more
U.S. grains: Soybeans up one per cent as soyoil climbs
Corn up; wheat declines on global supply outlooks
Chicago | Reuters — U.S. soybean futures rose about one per cent on Thursday, rallying on bargain buying after a two-week low set a day earlier and on uncertainty about South American crop prospects, traders said. Soybeans also drew support from strength in soybean oil futures, which advanced about two per cent on news of […] Read more
U.S. grains: Soy futures sag on improving Brazil weather
CBOT March wheat rallies
Chicago | Reuters — U.S. soybean futures dipped to a 2-1/2 week low on Wednesday as forecasts for much-needed rains in portions of Brazil’s crop area prompted a round of long liquidation and profit-taking, traders said. Wheat futures rose, rebounding on bargain buying a day after the benchmark Chicago Board of Trade (CBOT) March contract […] Read more
U.S. grains: Wheat futures hit two-month low
Soybean, corn futures also decline
Chicago | Reuters — Chicago wheat futures hit a two-month low on Tuesday, pressured by improving U.S. winter wheat crop ratings, strong export competition and rising estimates of Australia’s harvest, analysts said. Corn and soybean futures also sagged, retreating from early strength as traders focused on forecasts for welcome rains in South American crop regions. […] Read more
U.S. grains: Wheat slides on Russian export prospects
Soybean, corn futures also dip
Chicago | Reuters — U.S. wheat futures fell more than three per cent on Monday on prospects that Russia, the world’s top supplier of the food grain, may raise its export quota, analysts said, along with long liquidation at the end of the month. Soybean and corn futures dipped as rains fell on parts of […] Read more
U.S. livestock: Live cattle up on cash market optimism, beef demand
Hogs up ahead of USDA exports report
Chicago | Reuters — Live cattle futures rose on Wednesday for a fourth straight session, climbing ahead of Thursday’s U.S. Thanksgiving holiday as strong packer margins fed expectations of improving cash cattle prices over the next few weeks, traders said. Chicago Mercantile Exchange February live cattle futures settled up 0.225 cent at 114.175 cents/lb. (all […] Read more
U.S. grains: CBOT wheat down three per cent
Soy, corn also sag on pre-holiday slide
Chicago | Reuters — Chicago wheat futures fell more than three per cent on Wednesday and corn and soybean futures also slipped as traders booked profits after recent highs in all three markets, and ahead of Thursday’s U.S. Thanksgiving holiday, analysts said. Chicago Board of Trade March wheat futures settled down 21 cents at $5.96-1/2 […] Read more
U.S. livestock: Cattle futures follow beef prices, Dow higher
Chicago lean hogs end mixed
Chicago | Reuters — U.S. cattle futures closed higher on Tuesday for a third straight session, lifted by surging wholesale beef prices and optimism that coronavirus vaccines could trigger an economic recovery, bolstering demand for meat, traders said. Wall Street’s Dow Jones industrial average hit a record high above 30,000 on upbeat COVID-19 vaccine news, […] Read more
Canadian Cattlemen Presents: Depth of Field
