Chicago | Reuters — U.S. cattle and hog futures extended gains to fresh multi-month highs on Friday, buoyed by technical buying and strong demand from beef and pork packers, traders said. Live cattle jumped more than one per cent at the Chicago Mercantile Exchange, capping their fifth consecutive week of higher prices. Lean hog futures […] Read more
U.S. livestock: Cattle, hog futures extend rally on packer demand
U.S. livestock: Hogs, cattle firm on pre-holiday technical buying
Chicago | Reuters — U.S. lean hog futures gained one per cent on Wednesday while live and feeder cattle each rose modestly, boosted by technical buying and good demand from meat packers ahead of Thursday’s U.S. Thanksgiving Day holiday, traders said. Chicago Mercantile Exchange December lean hogs notched a two-month high, before finishing just below […] Read more
U.S. livestock: Hogs falter on profit-taking after two-month high
Chicago | Reuters — U.S. hog futures eased about one per cent on Tuesday as investors locked in profits after prices earlier climbed to the highest levels in more than two months, traders and analysts said. Chicago Mercantile Exchange live cattle futures were slightly higher and feeder cattle narrowly lower, in largely technically-driven trade ahead […] Read more
U.S. grains: Soy, corn rebound on technical buying; wheat lower
Chicago/Reuters – U.S. soybean futures rallied on Thursday, rebounding on technical buying after the previous session’s steep losses, while corn edged higher and wheat lower in choppy trading as the dollar rose, traders said. All three commodities pared earlier gains, with the U.S. Department of Agriculture’s monthly forecast on Wednesday for larger-than-expected and record-large U.S. […] Read more
U.S. grains: U.S. soybeans extend gains on export demand, grains ease
Chicago/Reuters – U.S. soybean futures rose for the third straight session on Monday, boosted by robust export demand, while wheat and corn futures eased due to caution ahead of Tuesday’s U.S. elections and a key supply-demand report. Chicago Board of Trade soybean and soymeal prices each gained nearly 1 percent after the U.S. Department of […] Read more
U.S. grains: Soy, wheat edge higher on fund buying ahead of USDA report
Chicago/Reuters – U.S. soybean, wheat and corn futures were slightly higher on Friday, boosted by light investment fund buying ahead of next week’s presidential election and U.S. Department of Agriculture monthly supply and demand data, traders said. Chicago Board of Trade corn and soybean futures fell sharply for the week, despite Friday’s modest gains, while wheat […] Read more
U.S. grains: Wheat drops, soy edges up after U.S. export sales data
Chicago/Reuters – U.S. wheat futures fell more than one per cent on Thursday and soybean and corn prices rose slightly as markets took cues from U.S. Department of Agriculture export sales data, traders said. Export sales of 2.5 million tonnes of U.S. soybeans and 1.47 million tonnes of corn topped analysts’ estimates. Wheat export sales […] Read more
U.S. livestock: Hogs surge on technical buying, cattle mostly higher
Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures soared three per cent on Wednesday, rebounding on technical buying from the steep losses seen in the previous session, traders and analysts said. Cattle futures also were mostly higher, even as some contracts edged slightly lower after hitting one-month peaks. Higher prices for wholesale beef […] Read more
U.S. grains: Wheat jumps on short-covering
Chicago | Reuters — Chicago Board of Trade wheat futures climbed more than one per cent on Monday as traders covered short positions following U.S. regulatory data last week showing an unexpectedly large build in bearish wheat bets. Soybean and corn futures both were flat to narrowly mixed in thin-volume trading, with some soybean contracts […] Read more
U.S. grains: Soy eases on profit-taking after big weekly gains
Chicago | Reuters –– U.S. soybeans futures fell one per cent on Friday, reversing from a two-month high while wheat and corn also eased as investors took profits after recent gains, traders and analysts said. Front-month Chicago Board of Trade November soybeans tested Thursday’s peak of $10.20 per bushel, but topped out at $10.17-1/2 and […] Read more
Canadian Cattlemen Presents: Depth of Field
