CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn hits 2-1/2-year low, soybeans tumble over USDA data

WASDE also pressures CBOT wheat

Chicago | Reuters — U.S. corn futures fell to their lowest price since early 2021 on Wednesday after the U.S. Department of Agriculture projected a larger-than-expected domestic crop and rising supplies, analysts said. Soybean futures tumbled after USDA’s forecast of 2023-24 soy ending stocks fell above a range of trade estimates, and wheat futures were […] Read more

CME August 2023 lean hogs with 20- and 50-day moving averages and October 2023 lean hogs (black line). (Barchart)

U.S. livestock: CME hogs rally as pork prices rise

August live cattle touch new contract high

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Tuesday, bouncing after a three-session slide as wholesale pork prices rose and cash hog prices firmed, traders said, while tight cattle supplies sent futures to life-of-contract highs. CME August lean hogs settled up 3.4 cents at 97.575 cents/lb., and the October contract […] Read more


CBOT November 2023 soybeans with 20- and 100-day moving averages and August 2023 soybeans (yellow line). (Barchart)

U.S. grains: Soy climbs on supply worries ahead of USDA reports

Chicago wheat, corn also rise

Chicago | Reuters — U.S. soybean futures rose for a second straight session on Tuesday as traders braced for a monthly U.S. government crop report due on Wednesday that is expected to project a smaller crop and tighter supplies, analysts said. Wheat futures rose as a drone strike on Ukraine’s Odesa port returned attention to […] Read more

CBOT November 2023 soybeans with Bollinger bands (20,2). (Barchart)

U.S. grains: Soy futures climb ahead of key USDA reports

CBOT December corn up, September wheat down

Chicago | Reuters — U.S. soybean futures rose about two per cent on Monday, bouncing off of a one-week low set Friday as traders positioned ahead of monthly crop reports due at midweek from the U.S. Department of Agriculture that are expected to project tighter U.S. supplies of the oilseed, traders said. Strength in global […] Read more


CME October 2023 live cattle with 20- and 100-day moving averages and August 2023 live cattle (dark red line). (Barchart)

U.S. livestock: CME cattle end higher on firm cash values

Hogs settle lower off recent highs

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended modestly higher on Monday on follow-though buying from Friday and carry-over strength from last week’s strong cash cattle market. Cash cattle traded late last week as high as $184-$185 per hundredweight (cwt) in northern feedlot areas, traders said, up from sales of around $178-$182 […] Read more

CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle climb on firmer cash market

Hogs down on technical selling

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied on Friday on tight fed cattle supplies and higher cash market sales in the central U.S. Plains and western Midwest, traders said. Beef packers were in need of cattle to fill near-term operations, including a large Saturday slaughter and a full week of production […] Read more


CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans, corn drop on improved crop weather

CBOT September wheat also down

Chicago | Reuters — U.S. corn and soybean futures fell on Friday as recent welcome rains across the Midwest farm belt, and forecasts for more next week, aided crops that had been suffering under an early season drought. Soybeans, which notched a four-month high on Monday, ended down 1.9 per cent for the week, while […] Read more

CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn firms on technicals, short-covering

Soybeans retreat; wheat futures consolidate

Chicago | Reuters — U.S. corn futures rose on Thursday on technical buying and short covering following a two-week slide that took prices to 2-1/2 year lows. Soybean futures fell in a profit-taking retreat from multi-month highs posted after the U.S. Department of Agriculture (USDA) unexpectedly slashed its U.S. plantings estimate and as recent rains […] Read more


CME October 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle ease on weak cash market

Lean hog futures mostly higher

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures declined on Thursday as a weak tone to the cash market and worries about slowing beef demand weighed on prices, traders said. Livestock traders were monitoring cash market activity at Plains feedlots, where fed cattle were lightly bid at $178/cwt, below the bulk of cash […] Read more

CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures turn lower

Current-year hog futures higher

Chicago Mercantile Exchange live cattle and feeder cattle futures took a turn lower in resumed trading Wednesday while near-month hogs turned higher. Most-active August live cattle came back off the U.S. Independence Day break down for a second day off Friday’s three-week high, closing Wednesday at 174.95 cents/lb., down 1.875 cents from Monday (all figures […] Read more