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P.J. Huffstutter


Stories by P.J. Huffstutter

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Soybean, grain futures drop on expectation of positive crop report

By P.J. Huffstutter, Reuters July 8, 2024
Chicago Board of Trade soybeans and corn futures on Monday dropped to around the lowest prices in four years, as traders expected a positive picture of U.S. crop progress from the U.S. Department of Agriculture (USDA) in a report due later in the day.

(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Cattle futures lower, hogs mostly down on demand questions

By P.J. Huffstutter, Reuters July 8, 2024
Chicago Mercantile Exchange cattle futures turned lower on Monday, shedding a post-holiday rally on demand concerns and news that beef-loving Argentines are cutting back on buying steaks as the country's economy slumps.


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Corn, soy futures rise on technical trading, weather questions

By P.J. Huffstutter, Reuters July 2, 2024
Chicago corn futures extended gains on Tuesday on short-covering and U.S. crop condition questions, while soybean prices also turned higher on technical trading and unfavorable weather in some soybean growing areas of the central U.S., traders said.

(Geralyn Wichers photo)
Markets, Reuters

U.S. livestock: Cattle futures lower, hogs higher, on month-end positioning

Flooding in Midwest provides some support for hogs as roads, rail lines washed out around processors

By P.J. Huffstutter, Reuters June 28, 2024
Chicago Mercantile Exchange cattle futures turned lower on Friday on technical trading, month-end positioning and ongoing concerns that high retail beef prices could chill consumer demand later this summer, traders said.


Photo: iStock/Getty Images
Markets, Reuters

U.S. livestock: Hog futures turn lower ahead of USDA hog-pig report

By P.J. Huffstutter, Reuters June 27, 2024
Chicago Mercantile Exchange lean hog futures turned lower on Thursday, ahead of a quarterly government report that many traders had predicted would show that U.S. farmers had a slightly larger hog herd, traders said.

(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Livestock futures turn higher on technical trading, Midwest floods

By P.J. Huffstutter, Reuters June 26, 2024
Chicago Mercantile Exchange lean hog futures turned higher on Wednesday as fund investors adjusted their positions and sought short-covering, even as many contracts set new lows for a second trading day, traders said.


(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Nearby cattle futures rise on strong demand

By P.J. Huffstutter, Reuters June 24, 2024
Chicago Mercantile Exchange (CME) nearby cattle future contracts turned higher on Monday as stronger-than-expected domestic seasonal demand and firm prices in the cash market gave futures a boost, market analysts said.

(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Feeder cattle lower, live cattle mixed ahead of surprising USDA report

By P.J. Huffstutter, Reuters June 21, 2024
Chicago Mercantile Exchange (CME) feeder cattle futures turned lower and live cattle were mixed on Friday, as traders squared positions ahead of a closely-watched monthly feedlot report and anticipated smaller cattle placements, traders said.


(Sierrarat/iStock/Getty Images)
Markets, Reuters

U.S. livestock: Cattle futures mixed, lean hogs lower on signs of cooling economy

By P.J. Huffstutter, Reuters June 20, 2024
Chicago Mercantile Exchange (CME) cattle futures were mixed on Thursday, with nearby live cattle contracts ticking higher amid signs of strength in the cash market and consumer demand staying firm, market analysts said.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: corn, soybean futures firm as traders track heat wave, crop conditions

By P.J. Huffstutter, Reuters June 18, 2024
Chicago Board of Trade corn and soybean futures turned higher on Tuesday, reversing direction after a two-day slide, as investors tracked a heat wave moving across the eastern Corn Belt after the government reported a decline in U.S. crop ratings.


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