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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle end higher, lean hogs eases

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures finished higher on Friday and gained about 1 percent for the week, helped by solid export demand, traders said. Demand from China has been particularly strong, fueled by the appetites of a growing Chinese middle class and diplomatic tensions with rival supplier Australia. The U.S. […] Read more
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Crops, Markets, Reuters

U.S. grains: Soybeans end lower on harvest pressure, South American planting

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Chicago | Reuters – Chicago soybean futures fell for a third day on Friday, pressured by harvest activity and strong planting progress in South America that may open up export competition by mid-January, analysts said. Corn also eased from harvest pressure, while wheat stepped back after reaching a nine-year high earlier in the week. Corn […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hogs climb on strong exports

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures climbed to their highest in nearly two weeks on Thursday, supported by strong weekly export sales and tighter supplies of market-ready hogs, analysts said. “Hog numbers are still running below last year. If that continues to tighten up, I think that boosts the back months […] Read more
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Crops, Markets, Reuters

U.S. grains: Wheat, corn, soy sag as traders await U.S. crop report

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Chicago | Reuters – U.S. grain futures stumbled on Thursday amid positioning ahead of a federal crop report next week that is expected to show bigger estimates for the nation’s corn and soybean harvests, analysts said. Losses pulled wheat back further from a nine-year high reached on Tuesday at the Chicago Board of Trade. Corn retreated from […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle firms on stronger cash, wholesale market

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Wednesday, underpinned by stronger cash trade as packers pull more cattle forward, while wholesale beef prices added support, analysts said. “It does seem like the packers have picked up the production for cattle lately,” said Doug Houghton, technical analyst at Brock Capital Management. […] Read more
File photo of a wheat crop in Argentina. (Gracieross/iStock/Getty Images)
Crops, Markets, Reuters

U.S. grains: Wheat futures ease amid supply questions after hitting highest since 2012

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Chicago | Reuters – Chicago wheat futures eased on Tuesday after rising to their highest level in almost nine years, as the declining condition of the U.S. winter crop raised worries over global supply at a time of tight stocks and strong international demand. U.S. wheat prices fell later in the session on profit taking […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hog futures slip amid export demand doubts

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures slipped on Tuesday, as uncertainty over Chinese pork demand continued and animal weights were expected to increase on cooling U.S. temperatures, analysts said. Meanwhile, Chicago’s cattle futures firmed a bit on Tuesday, amid steady slaughter rates and market expectations that cash prices should continue to […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle futures slide to five-month low

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures hit a one-week low on Monday on bigger-than-expected U.S. supplies, while feeder cattle dropped to a five-month low, analysts said. Traders have been expecting cattle supplies to tighten but did not see signs of it in October, said Rich Nelson, chief strategist for agricultural commodities […] Read more

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