CME June 2022 live cattle (candlesticks) with 20-, 100- and 200-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME hogs, cattle ease on profit-taking

Rising corn values pressure feeder cattle

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange fell on Friday on follow-through technical selling one day after the benchmark June contract closed lower in a huge reversal from a life-of-contract high. CME benchmark June lean hogs settled down 0.175 cent at 120.40 cents/lb., retreating farther from the contract high set […] Read more

CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME lean hogs retreat off contract highs

Corn's climb drags on cattle futures

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange closed lower on Thursday, shrugging off early support from a bullish U.S. government hog inventory report as traders appeared to focus instead on profit-taking at the end of the quarter and disappointing wholesale pork prices, traders said. CME benchmark June lean hogs settled […] Read more


CBOT May 2022 soybeans (candlesticks) with 20- and 50-day moving averages (yellow and green lines). (Barchart)

U.S. grains: Soybeans hit one-month low on record acreage view

Chicago corn futures, MGEX wheat up

Chicago | Reuters — U.S. soybean futures fell to their lowest in a month on Thursday after the U.S. Department of Agriculture (USDA) projected farmers would plant the most acres on record to the oilseed this spring while reducing corn acres. Corn futures rose on the acreage outlook, with the Chicago Board of Trade (CBOT) […] Read more

CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME hog futures end lower

USDA inventory data seen supportive

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange closed lower on Wednesday on profit-taking and positioning ahead of the U.S. Department of Agriculture’s quarterly hog inventory report. However, traders said the government data, released after the close, was supportive for futures. USDA reported the U.S. hog herd as of March 1 […] Read more


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

U.S. grains: Wheat, corn bounce as Ukraine conflict persists

USDA acres, stocks data awaited

Chicago | Reuters — U.S. wheat futures rose on Wednesday along with corn and soybeans on renewed concerns about the Ukraine war that has disrupted grain shipments from the Black Sea region, analysts said. However, trade was muted somewhat as brokers awaited U.S. plantings and quarterly stocks figures due out on Thursday from the U.S. […] Read more

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

U.S. livestock: CME cattle futures rise as grains fall

Hogs ease ahead of USDA data

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange rose on Tuesday with the benchmark June contract hitting a four-week top, led by a surge in feeder cattle futures and optimism about consumer demand for beef, traders said. CME June live cattle settled up 1.7 cents at 138.475 cents/lb. while May feeder […] Read more


CBOT May 2022 wheat (candlesticks) with MGEX May 2022 spring wheat (yellow OHLC) and K.C. May 2022 hard red wheat (orange OHLC). (Barchart)

U.S. grains: Wheat, corn fall on ceasefire hopes

Chicago May soybeans also lower

Chicago | Reuters — U.S. wheat futures fell four per cent and corn fell nearly three per cent on Tuesday as comments by Russia and Ukraine following negotiations in Turkey raised hopes of a ceasefire in a conflict that has disrupted massive grain exports through the Black Sea region. However, trade was volatile, with benchmark […] Read more

CME June 2022 lean hogs (candlesticks) with 20- and 50-day moving averages (pink and dark red lines) and CME’s cash lean hog index (blue line). (Barchart)

U.S. livestock: CME lean hogs climb on firm cash

Cattle futures end lower

Chicago | Reuters — Benchmark June lean hog futures on the Chicago Mercantile Exchange rose on Monday, setting a life-of-contract high on firm cash hog prices and expectations of tightening supplies. CME June hogs settled up 0.2 cent at 126.05 cents/lb., paring gains after reaching a contract top of 126.875 cents (all figures US$). The […] Read more


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

U.S. grains: Crop data awaited as grains fall with other commodities

China COVID-19 cases weigh on markets; grain traders monitor Ukraine news

Chicago | Reuters — U.S. wheat, corn and soybean futures fell on Monday as worries over coronavirus cases in China weighed on commodity markets while grain traders also adjusted positions ahead of key U.S. crop reports due later this week. Crude oil dropped sharply as China’s financial hub, Shanghai, launched a lockdown to contain surging […] Read more

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

U.S. grains: Soybean futures rise on export strength

Corn, wheat also strong

Chicago | Reuters — Chicago Board of Trade soybean, wheat and corn futures firmed on Friday, with all three commodities recovering from declines posted during the overnight trading session. The strength in soybeans stemmed from signs that demand for U.S. supplies remains strong even with newly harvested soybeans from South America available on the marketplace. […] Read more