Chicago | Reuters — U.S. lean hog futures ended mixed on Thursday, with nearby futures contracts building on strong gains in the previous session on expectations that China would soon sharply accelerate imports of U.S. pork. Deferred contracts were pressed down by active spread trading that featured buying of June futures and selling of October […] Read more
U.S. livestock: CME lean hogs mixed, nearbys up on export hopes
U.S. grains: Weak export data drags soybeans to new lows
Chicago | Reuters — U.S. soybean futures posted contract lows for a fourth straight session on Thursday after weak U.S. Department of Agriculture (USDA) export sales data and amid ongoing concerns that rain-delayed corn sowing would increase soy plantings. Corn was mixed as spillover pressure from lower soybeans offset support stemming from concerns about delayed […] Read more
U.S. livestock: CME lean hogs limit up on technical buying, export hopes
Chicago | Reuters — U.S. lean hog futures rallied sharply on Wednesday with several contracts closing up the daily trading limit on technical buying and speculation that Chinese demand for U.S. pork is poised to grow. The U.S. Department of Agriculture (USDA) is due to release weekly export sales data early on Thursday and traders […] Read more
U.S. grains: Export worries, big supplies drag soybean futures to new lows
Chicago | Reuters — U.S. soybean futures fell to fresh contract lows on Wednesday, pressured by sluggish exports and worries that rain-delayed U.S. corn seeding would expand the number of acres planted with soybeans, which can be sown later in the spring. Corn futures firmed as soggy fields around much of the Midwest and forecasts […] Read more
U.S. grains: Soy, wheat hit new lows as supplies outweigh rainy weather
Chicago | Reuters — U.S. soybean futures fell for a third straight session on Tuesday and struck fresh contract lows in most months as burdensome global stocks and sluggish U.S. exports dragged prices lower, triggering technical selling. Wheat futures, too, posted contract lows as better-than-expected U.S. winter crop conditions added to pressure from largely beneficial […] Read more
U.S. livestock: CME live cattle sink on fund liquidation, technical selling
Chicago | Reuters — U.S. live cattle futures fell on Tuesday, with the actively traded June contract down for a seventh straight session, as fund long liquidation and technical selling pressured the market. Before the latest selloff in cattle began, commodity funds had built a record large net long position, and open interest in the […] Read more
U.S. livestock: CME lean hogs drop on demand concerns, plentiful supplies
Chicago | Reuters — U.S. lean hog futures fell for a third straight session on Monday on large supplies of hogs and worries about cooling domestic and export demand for pork, traders said. Cash pork prices were firm, but a stretch of cold and wet weather around parts of the United States, including an unusual […] Read more
U.S. grains: Corn firms as rains stall planting
Chicago | Reuters — U.S. corn futures firmed on Monday, hitting the highest point in a week as wet weather across much of the U.S. Midwest and forecasts for continued rains this week threatened to prolong spring planting delays. Soybeans were lower on sluggish U.S. exports, abundant global supplies and worries that delayed corn seeding […] Read more
Bunge names acting chief as new CEO
Reuters — Global grains trader Bunge on Thursday named Gregory Heckman as its chief executive officer, three months after he took the helm in an interim capacity. Heckman, a founding partner of private investment firm Flatwater Partners and the former chief executive of grains trader Gavilon Group, was appointed acting CEO in January after long-serving […] Read more
U.S. livestock: Lean hogs tumble after Trump threatens Mexico border closure
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures ended down sharply for a second straight day on Friday after a volatile session in which traders weighed thinner near-term hog supplies against risks to pork exports with Mexico. Early-session strength stemmed from a quarterly U.S. Department of Agriculture hog supply report, released after […] Read more
Canadian Cattlemen Presents: Depth of Field
