Chicago | Reuters — U.S. hard red winter wheat futures fell to near two-month lows on Wednesday on forecasts of another round of beneficial showers next week in the southern Plains that could boost crop prospects, analysts said. Chicago Board of Trade soft red winter wheat rallied late in the session to end higher, while […] Read more
U.S. grains: Wetter forecasts pressure K.C. wheat
U.S. grains: Wheat prices bounce after steep losses
Chicago | Reuters –– Chicago Board of Trade wheat futures rose on Tuesday in a light recovery bounce after falling to a seven-week low, but trade was cautious after weekend rains on the parched U.S. Plains offered respite for the winter wheat crop. Soybeans firmed on bargain-buying after Monday’s losses while corn edged lower after […] Read more
U.S. grains: Wheat tumbles as rains cross drought-hit Plains
Chicago | Reuters — U.S. wheat futures slid to six-week lows on Monday as much-needed rain and snow fell in dry areas of the southern Plains, pushing most-active K.C. hard red winter wheat futures down more than five per cent, traders said. Corn and soybean futures sagged on fund-driven long liquidation and as weekend rains […] Read more
U.S. livestock: CME live cattle end lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Friday on technical selling and expectations of a seasonal uptick in beef supplies as the pace of cattle slaughter increases, analysts said. “(There is) a little concern that we might have posted the smallest supply of the year, and now we are facing […] Read more
U.S. livestock: Live cattle climb on technical buying
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher Tuesday on technical buying, halting a four-session slide that drove the benchmark April contract to a two-week low a day earlier. But the contract closed well off its session high, paring gains as cattle traders reacted to a firmer U.S. dollar and declines […] Read more
U.S. livestock: Live cattle down on bearish placements data
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Monday, with the benchmark April contract touching a two-week low following Friday’s bearish Cattle on Feed report from the U.S. Department of Agriculture, traders said. The government on Friday reported that 2.068 million head of cattle were placed on feed last month, up […] Read more
U.S. grains: Wheat, corn lower in pause after multi-month highs
Chicago | Reuters — U.S. wheat and corn futures fell on Friday, retreating from multi-month highs established a day earlier as traders took profits and focused on prospects for better weather in the drought-hit U.S. Plains wheat belt. Soybeans sagged on much-needed rains in Argentina’s crop belt and worries about U.S. soybean export demand. Broad […] Read more
U.S. grains: Soybeans hit one-week top
Chicago | Reuters — U.S. soybean futures set a one-week high on Thursday as worries about dry weather curtailing Argentina’s harvest overshadowed bearish data in a monthly U.S. Department of Agriculture report (USDA), analysts said. Corn futures firmed on strong export demand while wheat retreated on profit-taking after multimonth highs. Chicago Board of Trade March […] Read more
U.S. grains: Wheat surges on worries about Plains dryness
Chicago | Reuters — Nearby Chicago wheat futures jumped three per cent on Wednesday and hit a four-month high on worries about dry conditions threatening yield prospects in the southern U.S. Plains, analysts said. Corn futures rose on robust export demand for U.S. supplies while soybean futures declined after a choppy session. Chicago Board of […] Read more
U.S. grains: Soybeans up on Argentina weather concerns
Chicago | Reuters — U.S. soybean futures rose 1.7 per cent on Tuesday on worries about dry weather hurting crop prospects in Argentina, despite rains expected in the coming days, analysts said. Corn rose on the weather worries and on improving export demand for U.S. supplies, and wheat followed the firm trend. Chicago Board of […] Read more
Canadian Cattlemen Presents: Depth of Field
