CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soy, corn futures hit June highs

USDA cuts domestic harvest estimates

Chicago | Reuters — Chicago Board of Trade soybean futures surged to their highest price since June on Monday and closed near their highs after the U.S. government made bigger-than-expected cuts to its domestic harvest estimate. Corn futures also hit their highest price in more than two months following a reduced production outlook from the […] Read more

CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: CME live cattle up on demand, tightening supplies

Hogs up on technical bounce

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Friday in tandem with higher equities and energy markets as a robust slaughter pace and concerns about reduced cattle supplies in the coming months fueled buying. Packers have accelerated their daily slaughter pace following plant downtime around Monday’s Labour Day holiday and they […] Read more


CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Corn, soy, wheat rally ahead of USDA report next week

Fresh uncertainty about Ukrainian grain exports raises concerns

Chicago | Reuters — U.S. corn, soybean and wheat futures rallied on Friday, lifted by technical buying and short covering along with spillover support from higher equities and energy markets. Wheat and corn drew additional support from a weaker dollar and concerns about continued grain shipments from Ukraine amid Russian criticism of a U.N.-brokered export […] Read more

CME December 2022 lean hogs (candlesticks) with 100-day moving average (black line, right column) and CME cash lean hog index (pink line, left column). (Barchart)

U.S. livestock: CME lean hogs mostly lower on weak cash market

Chicago live cattle mixed, feeders up

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended mostly lower on Thursday as eroding cash hog prices weighed on the market along with weaker wholesale pork prices and slumping pork exports. Technical buying helped to underpin the actively traded October contract, the only month that closed higher on Thursday, while back month […] Read more


CBOT December 2022 wheat (candlesticks) with 20-day moving average (green line), MGEX December 2022 spring wheat (yellow line) and K.C. December 2022 hard red wheat (orange line). (Barchart)

U.S. grains: Wheat futures retreat after rally

Corn also weak, soy up off recent losses

Chicago | Reuters — U.S. wheat futures fell on Thursday, settling back from a sharp rally a day earlier as investors weighed Russian criticism of a Ukrainian grain export deal against prospects of a slowing global economy, traders said. Corn futures also were weaker despite growing concerns about a disappointing U.S. harvest after dry weather […] Read more

CBOT December 2022 wheat (candlesticks) with 20-day moving average (green line), MGEX December 2022 spring wheat (yellow line) and K.C. December 2022 hard red wheat (orange line). (Barchart)

U.S. grains: Wheat rallies on new concerns about Ukraine exports

Profit-taking pressures corn, soybeans

Chicago | Reuters — U.S. wheat futures rallied 3.3 per cent to their highest in nearly two months on Wednesday as criticism by Russia of a wartime export deal for Ukrainian grain revived concerns about the movement of supplies out of the Black Sea shipment hub. Corn and soybean futures eased on a round of […] Read more


CME October 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: CME live cattle down on quiet cash trade

Hog futures narrowly mixed

Chicago | Reuters — Chicago Mercantile Exchange cattle futures weakened on Wednesday as quiet trade on the cash market fortified concerns about light demand, traders said. Hog futures were narrowly mixed, with short-covering providing support, while worries that a firm U.S. dollar will chill export demand for pork added pressure. Benchmark CME October live cattle […] Read more

CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

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

Lean hog futures also close higher

Chicago | Reuters — Chicago Mercantile Exchange livestock futures rose on Tuesday on hopes that the pace of slaughter of both cattle and hogs will pick up after slowing down for the U.S. Labor Day holiday weekend. Short-covering was also noted in hog futures after the front-month contract sank to its lowest since Feb. 9 […] Read more


CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soybean futures fall 1.5 per cent

CBOT corn, wheat firm

Chicago | Reuters — U.S. soybean futures fell 1.5 per cent on Tuesday as Argentina’s decision to offer farmers a better exchange rate for their crops threatened to raise export competition at a time when U.S. offerings typically dominate the market. “It just makes more product readily available short-term,” said Mark Schultz, chief analyst at […] Read more

CBOT December 2022 wheat (candlesticks) with Bollinger bands (20,2), MGEX December 2022 spring wheat (yellow line) and K.C. December 2022 hard red wheat (orange line). (Barchart)

U.S. grains: Wheat, corn, soybeans bounce ahead of long weekend

U.S. dollar down on labour market data

Chicago | Reuters — U.S. wheat, corn and soybean futures rose on Friday on a short-covering bounce ahead of a three-day U.S. holiday weekend, led by strength in crude oil and other commodities as fears waned about aggressive interest rate hikes from the Federal Reserve. A rally in world stocks fizzled, but the U.S. dollar […] Read more