CME April 2022 lean hogs (candlesticks) with Bollinger bands (20,2) and CME lean hog index (dark red line). (Barchart)

U.S. livestock: Hog futures hit six-month high on strong cash markets

April live cattle end lower

Chicago | Reuters — Chicago Mercantile Exchange hog futures rose 2.1 per cent on Thursday, with the front-month contract hitting its highest in six months on strength in the cash market, traders said. April lean hog futures gained 2.175 cents, to 107.575 cents/lb., hitting a new contract high and briefly topping the high end of […] Read more

CBOT March 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Soy, corn rise as traders watch weather

Chicago wheat futures flat

Chicago | Reuters — U.S. soybean futures rallied on Wednesday, rising 2.3 per cent to halt a two-day fall with the market underpinned by concerns that forecast rain may be insufficient to avert further drought damage to crops in Argentina and southern Brazil. “It is the size of the crop in South America that will […] Read more


CME April 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)

U.S. livestock: Hog futures firm, cattle mixed

CME March feeder cattle lower

Chicago | Reuters — Chicago Mercantile Exchange hog futures firmed on Wednesday, with concerns about processing margins seen limiting supplies in the coming months. “High feed costs and low prices there have production margins as poor as they’ve been in at least eight years,” brokerage StoneX said in a note to clients. “All of this […] Read more

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

U.S. grains: Wheat, corn fall as fears of Black Sea disruption retreat

Soybeans down on chance of South America rain

Chicago | Reuters — Chicago Board of Trade wheat and corn futures fell on Tuesday as Moscow’s announcement that some of its troops were returning to base after drills tempered investor fears of a Russian invasion of Ukraine that could disrupt Black Sea export flows. U.S. soybeans fell as traders assessed chances for rain in […] Read more


CME April 2022 lean hogs (candlesticks) with Bollinger bands (20,2) and CME lean hog index (black line). (Barchart)

U.S. livestock: CME lean hogs climb as tight supplies persist

Cattle futures also firm on tighter supplies

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed on Tuesday, supported by persistent tight supplies of market-ready hogs, analysts said. “We know numbers are getting tighter. We haven’t generated the expansion we needed to over the last six to nine months,” said Matthew Wiegand, Risk Management Consultant at FuturesOne. “The numbers are […] Read more

CBOT March 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Soybeans ease on South American rainfall

Wheat underpinned by Black Sea supply worry; corn adds on strong export inspections

Chicago | Reuters — Chicago soybeans fell on Monday, pressured by rainfall in parts of South America that could refresh parched crops as Argentina and southern Brazil near harvest. CBOT corn and wheat ended higher after earlier losses, with corn underpinned by strong export inspections and wheat weighing tensions between Russia and Ukraine that could […] Read more


CME April 2022 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: CME live cattle firm on strong beef demand

Hogs up on tighter supplies

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Monday, supported by strong beef demand and slaughter, analysts said. “The next few months — late March, early April — slaughter-ready cattle are a little tighter,” said Austin Schroeder, commodity analyst at Brugler Marketing. “That might help to lend a little more support […] Read more

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

U.S. grains: Soy rises on South American crop woes

Wheat, corn futures rally

Chicago | Reuters — Chicago Board of Trade soybean futures rose on Friday on diminishing harvest estimates in South America, though trading remained volatile a day after prices reached a nine-month high, analysts said. Corn and wheat futures jumped on increased concerns that Russia may invade Ukraine and disrupt grain shipments from the Black Sea […] Read more


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

U.S. livestock: CME live cattle retreat on profit-taking

Hog futures lower despite rising cutout

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures weakened on Friday as the market retreated from contract highs hit this week. Profit-taking weighed on futures prices, though the market remains supported by strong demand for cattle from meatpackers, traders said. Packers such as Tyson Foods and JBS slaughtered an estimated 120,000 cattle on […] Read more

CBOT March 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Soy, corn end lower in volatile sell-off

Wheat down off early strength

Chicago | Reuters — U.S. soybean and corn futures closed lower on Thursday after a wild session, retreating after a run-up to multi-month highs as a wave of profit-taking and farmer selling overshadowed support from shrinking estimates of South American crops due to drought, analysts said. Chicago Board of Trade March soybeans settled down 20-1/2 […] Read more