Chicago | Reuters — U.S. corn and wheat futures fell to life-of-contract lows on Monday, anchored by plentiful global grain supplies, and soybeans sagged as forecasts called for beneficial rains in Argentina, analysts said. Chicago Board of Trade March corn settled down 3-3/4 cents at $3.49 per bushel after hitting a contract low at $3.48-1/4 […] Read more
U.S. grains: Corn, wheat down to contract lows
U.S. livestock: Live cattle extend slide on long liquidation
Chicago | Reuters –– Chicago Mercantile Exchange February live cattle futures fell on Friday for a seventh straight session on technical selling including fund long liquidation and uncertainty about near-term beef demand, traders said. “We have a lot of protein around right now. We have a few holidays later this month to move some of […] Read more
U.S. livestock: Live cattle sag for sixth straight session
Chicago | Reuters — Chicago Mercantile Exchange February live cattle futures fell Thursday for a sixth straight session, pressured by fund-driven long liquidation, falling cash cattle prices and softening wholesale beef demand, traders said. “Fund liquidation continues be a factor in the meat complex, although lower product prices are adding justification for the selling at […] Read more
U.S. grains: Soybeans climb above $10 on Argentina weather woes
Chicago | Reuters — U.S. soybean futures climbed one per cent on Tuesday, scrambling back above US$10 a bushel, amid ongoing worries about poor weather threatening yield prospects in Argentina. Corn futures ended fractionally higher while wheat futures sagged on sluggish export demand for U.S. supplies. Chicago Board of Trade January soybeans settled up 10 […] Read more
U.S. livestock: CME live cattle limit down on long liquidation
Chicago | Reuters — U.S. cattle futures fell to a one-month low on Friday on fund-driven long liquidation and worries about declines on Wall Street, while hog futures firmed in largely technical trade, traders and analysts said. Live cattle fell despite higher wholesale beef values. Choice-grade wholesale beef prices rose $1.35, to $205.99/cwt. February live […] Read more
U.S. grains: Soy, corn follow broad commodities strength higher
Chicago | Reuters — U.S. soybean futures rose Friday and corn futures hit a three-week high, following broad strength in commodities at the start of the month and a softer U.S. dollar, analysts said. The 19-market Thomson Reuters CoreCommodity Index rose 0.8 per cent, snapping a four-session slide. Chicago Board of Trade January soybeans settled […] Read more
U.S. grains: Corn firms on short-covering at month’s end
Chicago | Reuters — U.S. corn futures rose on Thursday as fund-driven short-covering at the end of the month overshadowed disappointing export sales data, analysts said. Wheat futures on the Chicago Board of Trade ended mostly lower, with nearby contracts pressured by heavier-than-expected deliveries against the December contract on first notice day. Soybeans fell, led […] Read more
U.S. livestock: Hogs retreat after trading at three-week high
Chicago | Reuters — U.S. lean hog futures fell on Wednesday, retreating from a three-week high on technical selling and a U.S. Department of Agriculture (USDA) report showing a jump in average hog weights in Iowa and southern Minnesota, analysts said. Live cattle and feeder cattle futures rose on short-covering and bullish macroeconomic data. Live […] Read more
U.S. grains: Corn up on export demand, technical bounce
Chicago | Reuters — U.S. corn futures rose about one per cent Wednesday on fresh export demand and bargain-buying after the spot December contract dipped to a contract low, traders said. Wheat futures firmed, stabilizing after a series of contract lows in recent days, while soybeans ended fractionally lower after a choppy session. Most-active March […] Read more
U.S. grains: Corn slides on technicals, hefty global stocks
Chicago | Reuters — U.S. December corn futures fell to a life-of-contract low on Tuesday on technical selling and ample global supplies, traders said. Soybeans also fell as slightly wetter forecasts for crop areas of Argentina eased near-term concerns about dryness. But wheat closed higher on bargain-buying after most months sank to contract lows. Chicago […] Read more
Canadian Cattlemen Presents: Depth of Field
