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

U.S. livestock: Live cattle futures ease off contract highs

Chicago lean hog values retreat

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed lower on Wednesday as traders booked profits, one day after the benchmark April contract set a life-of-contract high and the U.S. Agriculture Department reported a three per cent year-on-year drop in the size of the U.S. cattle herd. CME April live cattle […] Read more

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

U.S. grains: Soy sags as Brazil’s harvest looms

Wheat mixed, corn ends firm

Chicago | Reuters — U.S. soybean futures fell about one per cent on Wednesday as traders focused on the expanding harvest of a likely record-large soy crop in Brazil and positioned for the U.S. Federal Reserve’s decision on interest rates, analysts said. Wheat futures ended mixed, with the most-active March contract down on profit-taking, while […] Read more


CBOT March 2023 soft red winter wheat with 20-day moving average, MGEX March 2023 hard red spring wheat (yellow line) and K.C. March 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat futures firm; technical resistance weighs

Chicago soybeans up, corn down

Chicago | Reuters — Chicago wheat futures gained on Tuesday as traders eye winter wheat conditions across the U.S. Plains amid a second frigid cold snap this season, though futures struggled against technical resistance. Soybeans futures ended up, though prices were pressured by a correction in the soymeal charts, traders said. Corn futures ended lower, […] Read more

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

U.S. livestock: April live cattle down slightly

U.S. cattle inventory report shows steep decline; lean hogs also lower

Chicago | Reuters — U.S. live cattle futures climbed to new contract highs early in the session before settling slightly lower on Tuesday, as traders assessed U.S. cattle inventory levels ahead of the U.S. Agriculture Department’s biannual report. After the market closed, USDA reported that the U.S. beef cow herd dropped to 28.9 million head, […] Read more


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

U.S. grains: Soybeans firm as Argentina drought worries persist

Cold snap in U.S. brings renewed wheat damage fears

Chicago | Reuters — Chicago soybeans climbed on Monday, underpinned by concern that drought-damaged crops in Argentina could face more dry weather. Wheat inched higher after climbing to four-week highs earlier in the session on fears a cold snap in U.S. grain belts could lead to crop damage, while potential escalations in the Russia-Ukraine war […] Read more

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

U.S. livestock: Live cattle firm on strong cash trade

Cattle inventory report due out Tuesday; CME hogs end mixed

Chicago | Reuters — U.S. live cattle futures firmed on Monday, supported by strengthening cash trade and in anticipation of the U.S. Agriculture Department’s biannual cattle inventory report, due out on Tuesday. “Historically, the cattle inventory report wouldn’t be that big of a market mover. But it is a good check in on where you’re […] Read more


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

U.S. grains: Soy futures weak, corn firm

Wheat mixed ahead of weekend

Chicago | Reuters — U.S. soybean futures fell on Friday on expectations that recent rains in Argentina boosted crop potential from that key South American exporter, traders said. Wheat futures were mixed, with the most-active Chicago Board of Trade soft red winter wheat contract sagging on position squaring after notching its biggest weekly gain in […] Read more



CBOT March 2023 soft red winter wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat, soy, corn up on strong export report

South America crop progress limits corn, soy gains

Chicago | Reuters — U.S. wheat, corn and soybeans jumped on Thursday on support from a government report that showed strong overseas demand for all three commodities, traders said. “We had some decent export sales compared to what we have seen the last few weeks and that trend, particularly for corn and wheat, is likely […] Read more

CME February 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Hog futures up off lowest since December 2021

Cattle futures down with cash markets

Chicago | Reuters — U.S. hog futures rose on Thursday as strength in cash markets and rising export demand sparked a round of bargain buying after prices hit their lowest in more than a year. But weakness in the cash markets weighed on cattle futures. The U.S. Agriculture Department said on Thursday morning that export […] Read more