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

U.S. grains: Corn, soy futures rally

Wheat up off lowest level since March 2021

Chicago | Reuters — U.S. soybean and corn futures rallied on Monday and wheat futures firmed as a round of bargain buying supported commodities prices after a bearish global supply picture pushed prices sharply lower this month. The benchmark Chicago Board of Trade wheat contract dropped below $6 a bushel for the first time in […] Read more

CME July 2023 lean hogs with Bollinger bands (20,2). (Barchart)

U.S. livestock: Hog futures drop to contract lows on demand woes

CME cattle futures also lower

Chicago | Reuters — Chicago Mercantile Exchange hog futures sank to contract lows on Monday, with the market under pressure from plentiful supplies and weak demand for pork at grocery stores and on the export market. “The story remains one of a slow-to-move product market,” brokerage StoneX said in a note to clients. Cattle futures […] Read more


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

U.S. grains: Chicago futures roil as U.S. debt ceiling talks halt

Wheat turns down, after technical bounce early in session

Chicago | Reuters — Chicago Board of Trade (CBOT) soybean futures slid sharply on technical trading on Friday, as investors rushed to liquidate their positions ahead of the weekend, traders said. The most-active soybean contract fell to the lowest prices seen since July — and several new-crop soybean contracts also plunged to new contract lows […] Read more

CME August 2023 live cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: Cattle futures rally

Hog futures slide to new lows; USDA cattle report seen as neutral

Chicago | Reuters –– Chicago Mercantile Exchange cattle futures rose on Friday in a bout of technical trading, as cash prices remained relatively steady and investors positioned themselves ahead of the monthly U.S. Department of Agriculture (USDA) report, traders said. On the pork side, a second day of volatile trading across lean hog futures resulted […] Read more


CME August 2023 feeder cattle with 20-day moving average (red line, right column) and CBOT July 2023 corn (yellow line, left column). (Barchart)

U.S. livestock: Cattle futures up ahead of USDA feedlot data

Hog futures mixed; U.S. pork export sales up on week

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Thursday on technical buying and position-squaring ahead of a monthly U.S. Department of Agriculture (USDA) report that is expected to show fewer cattle in U.S. feedlots compared to a year ago, traders said. CME June live cattle settled up 0.7 cent at 165.525 […] Read more

CBOT December 2023 corn with 20-day moving average (yellow line) and July 2023 corn (orange high/low/close). (Barchart)

U.S. grains: July corn down on poor exports, strong crop prospects

CBOT soybeans, wheat also down; new-crop December corn up off decline

Chicago | Reuters — Benchmark U.S. corn futures fell on Thursday to their lowest in 19 months, pressured by disappointing export data and prospects for big U.S. crops, analysts said. Soybean futures hit a 10-month low, and wheat futures slipped more than two per cent as an extension of a deal to allow war-ravaged Ukraine […] Read more


CME June 2023 lean hogs with 20- and 50-day moving averages and CME cash lean hog index (blue line). (Barchart)

U.S. livestock: Lean hogs pressured by cheap cash prices, softer pork prices

Nearby live cattle higher, feeder cattle down

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures declined on Wednesday, snapping a three-session advance, pressured by a discounted cash hog market and declining wholesale pork prices, traders said. CME June lean hog futures settled down 2.325 cents at 84.875 cents/lb. and the July contract fell 2.575 cents to end at 85.55 cents […] Read more

CBOT July 2023 corn with 20-day moving average (yellow line) and December 2023 corn (orange high/low/close). (Barchart)

U.S. grains: Corn hits 18-month low on crop prospects

Chicago wheat tumbles on Ukraine deal

Chicago | Reuters — Benchmark U.S. corn futures fell to an 18-month low on Wednesday on news that China cancelled purchases of U.S. corn, and as favourable early-season crop weather bolstered projections for bumper U.S. harvests this year, analysts said. Wheat futures tumbled 3.4 per cent after the Black Sea grain deal, allowing for the […] Read more


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

U.S. grains: Soy, corn tumble on improving crop prospects, export competition

Chicago wheat futures follow downtrend

Chicago | Reuters — U.S. spot soybean futures fell 2.6 per cent on Tuesday to multi-month lows and corn futures slipped nearly two per cent, pressured by decent U.S. Midwest crop weather and strong competition for global export business, traders said. Wheat followed the lower trend. Chicago Board of Trade July soybeans settled down 36-3/4 […] Read more

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

U.S. livestock: Live cattle inch lower, nearby hogs end higher

'Cutouts slowly start to lose ground here'

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange slipped on Tuesday, pressured by softening wholesale beef prices and a lack of bullish news, traders said. Cash cattle trade was quiet, leaving some traders to focus on beef prices. The U.S. Department of Agriculture (USDA) priced choice cuts of beef on Tuesday […] Read more