(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle rally on fund buying, cash optimism

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained about one per cent on Friday, rallying from losses in the previous session on the back of investment fund buying and optimism for higher prices in U.S. Plains cash cattle markets, traders said. Feeder cattle prices rose while lean hogs were mostly higher, underpinned […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle limit up on technical buying

Chicago | Reuters — U.S. live cattle futures climbed to a nine-month high on Tuesday, extending gains from the previous session on chart-based and investment fund buying, traders and analysts said. Feeder cattle and lean hog futures also rose at the Chicago Mercantile Exchange, with feeders reaching the highest levels since August. Trading limits in […] Read more



(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Cattle, hog futures mixed on end-of-year positioning

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures were narrowly mixed on Friday, paring earlier steep gains on end-of-year positioning, traders said. Stronger bids for cattle in U.S. Plains cash markets underpinned prices. But some investors took profits after most-active February futures hit an eight-month high before turning slightly lower. Despite the recent rally, cattle […] Read more


A gaucho drives a carriage through the pampas (lowland plains), a primary farming and ranching region of Argentina. (CIA.gov)

U.S. grains: Soy, corn weaker on Argentina rains, profit-taking

Chicago | Reuters — U.S. soybean, corn and wheat futures eased on Monday, weighed down by profit-taking and expectations for more crop-friendly rainfall in Argentina. Wheat futures retraced early gains despite bitter cold temperatures in the U.S. which left dormant plants vulnerable to damage. Chicago Board of Trade soybeans notched the largest declines of the […] Read more



(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans down on profit-taking before USDA data

Chicago | Reuters — U.S. soybean futures dropped two per cent on Thursday, the steepest decline in 2-1/2 months, on profit-taking tied to lower veg oil prices and extended weather outlooks for rainfall in Argentina, traders and analysts said. U.S. President-elect Donald Trump’s nomination of Oklahoma Attorney General Scott Pruitt to run the nation’s Environmental […] Read more