Chicago | Reuters — U.S. soybean and corn futures rose on Friday, with soybeans hitting a one-week top as a pick-up in export demand for both crops, primarily from China, sparked speculative buying and short-covering, analysts said. Soybeans got an additional boost from surging palm and soyoil futures. But forecasts for beneficial rains in the […] Read more
U.S. grains: Corn, soy futures extend gains on China demand
CBOT September wheat eases
U.S. livestock: Live cattle end steady to firmer
Lean hogs dip after weekly advances
Chicago | Reuters — U.S. live cattle futures closed steady to firm on Friday, stabilizing after a two-session rally attributed to speculative buying and signs that meat packers may have worked through much of a backlog of market-ready cattle, traders said. Chicago Mercantile Exchange (CME) August live cattle futures settled unchanged at 103.275 cents/lb. and […] Read more
U.S. livestock: Cattle futures hit four-month top
Lean hogs up on export news
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) rose on Thursday to four-month highs as steady to firmer cash cattle prices signaled that meat packers may have largely worked through a backlog of market-ready cattle that built up this spring, traders said. CME August live cattle futures settled up 1.975 […] Read more
U.S. grains: Soy, corn up with export demand
September wheat slips off recent high
Chicago | Reuters — U.S. soybean futures rose on Thursday for a third straight session as top global soy buyer China booked more U.S. supplies of the oilseed, traders said. Corn also firmed while wheat futures fell on profit-taking following a three-week rally. Chicago Board of Trade November soybean futures settled up 8-1/4 cents at […] Read more
U.S. livestock: Live cattle up with cash values, technical buying
CME lean hog contracts mixed
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) closed higher on Wednesday, led by the nearby August contract on signs of firmer cash cattle prices and technical buying, traders said. Market-ready cattle traded in the cash market at $95-$97/cwt in the southern Plains, the U.S. Department of Agriculture reported, after […] Read more
U.S. grains: CBOT wheat highest since April
Spec buying, export talk lift September wheat; other crops follow
Chicago | Reuters — U.S. wheat futures rose more than four per cent on Wednesday and touched a 2-1/2-month high as rising global cash prices and rumours of Chinese purchases triggered a round of speculative buying and short-covering, traders and analysts said. Soybean and corn futures also rose despite outlooks for generally favourable weather and […] Read more
U.S. grains: Soy up after crop ratings dip
Corn sags despite sale to China
Chicago | Reuters — U.S. soybean futures edged higher on Tuesday after weekly crop condition ratings declined, but improving weather in the Midwest crop belt kept a lid on rallies by backing expectations for large harvests, traders said. Corn closed lower, shrugging off news of a massive Chinese purchase of U.S. corn. Wheat firmed, buoyed […] Read more
U.S. livestock: Cattle futures drift lower on beef demand worries
Hog futures down off Monday's rally
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) fell on Tuesday for a second straight session on weak wholesale beef prices and worries about consumer demand, given uncertainty about the health of the U.S. economy, traders said. CME August live cattle futures settled down 0.85 cent at 98.8 cents/lb. and […] Read more
U.S. grains: Corn, soy down as weather favours yield prospects
Trade monitoring Northern Hemisphere wheat crops
Chicago | Reuters — U.S. corn futures fell more than two per cent on Monday, nearing a two-week low as Midwest weather forecasts turned milder for the crop’s key growth phase this month, raising the potential for a large harvest, analysts said. The rosy weather outlook also pushed soybean futures lower, and wheat followed the […] Read more
U.S. livestock: Hogs up on pork demand, export optimism
Feeder cattle up on lower corn prices
Chicago | Reuters — U.S. hog futures rose on Monday on signs of improving demand for pork products and optimism about export demand from China as the Asian country struggles with renewed outbreaks of a hog disease, traders said. Chicago Mercantile Exchange (CME) August lean hog futures settled up 1.4 cents at 51.275 cents/lb., after […] Read more
Canadian Cattlemen Presents: Depth of Field
