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Crops, Markets, Reuters

U.S. grains: Wheat higher on global supply fears; soybeans climb, corn eases

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Chicago | Reuters – U.S. wheat futures rose more than 2 percent on Tuesday as European wheat markets climbed on concern about tightening global supplies, traders said. Soybean futures firmed on renewed export demand for U.S. supplies while corn ended modestly lower, pressured by better-than-expected weekly U.S. crop condition ratings. Chicago Board of Trade September […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME lean hog futures tumble on uncertain pork demand

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Chicago | Reuters – Lean hog futures on the Chicago Mercantile Exchange fell sharply on Monday, with the benchmark October contract down its daily limit on worries about a seasonal increase in hog supplies and uncertain demand for U.S. pork, analysts said. CME October hog futures settled down 3 cents at 84.600 cents per pound, […] Read more
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Crops, Markets, Reuters

U.S. grains: Corn, soy retreat on U.S. rains, broad declines in commodities

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Chicago | Reuters – U.S. corn and soybean futures declined on Monday, pressured by beneficial weekend rains in the Corn Belt and spillover weakness from outside commodity markets including crude oil and gold, analysts said. Wheat followed the weaker trend, with a firmer dollar adding to bearish sentiment. Chicago Board of Trade December corn settled […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle firms on improved cash, holiday demand

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures climbed on Friday, supported by elevated cash cattle trade and stronger wholesale beef prices, analysts said. “I think it’s a combination of things, including packers trying to get beef into the pipeline before the Labor day features,” said Alan Brugler, president of Brugler Marketing. “Cash […] Read more
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Crops, Markets, Reuters

U.S. grains: Soybeans climb on exports, end week lower

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Chicago | Reuters – Chicago soybean futures gained on Friday after a second day of fresh export sales buoyed demand prospects, though forecasts for rain across the U.S. Midwest through the weekend capped gains. Corn was little changed while wheat added as harvest setbacks in North America, Russia and Western Europe raised concern over tightening […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME lean hogs fall on anticipated larger supplies

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures slipped on Thursday as traders look ahead to increased supplies of hogs heading into the fall and producers hedge against the possibility of future price declines, traders said. CME August lean hog futures closed unchanged at 109.475 cents per pound, while benchmark October hogs lost […] Read more
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Crops, Markets, Reuters

U.S. grains: Soybeans gain on weather concern; global demand pressures corn, wheat

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Chicago | Reuters – Corn and wheat futures slipped on Wednesday, tracking falls in outside energy markets as rising Delta-variant coronavirus cases raised worries that renewed restrictions could limit demand and overwhelmed recent weather concerns for U.S. crops. Chicago soybeans ended higher, supported by a private assessment of the U.S. crop, released Tuesday after the […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle firm on scarce supply and firmer cash markets

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Wednesday as cash trade firmed and wholesale beef prices march higher, traders said. “We have some tighter market-ready cattle supplies right now. The outlook is for supplies to tighten further later in the year and into next year,” said Doug Houghton, technical analyst […] Read more
(Kelli Jo/iStock/Getty Images)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME lean hogs firm as market-ready supplies remain soft

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures gained for a second day on Tuesday, supported by lower supplies of market ready hogs as the August futures contract nears expiration. “Until we start seeing better numbers coming forward on packer runs, I think that’s going to elevate things a little bit,” said Matthew […] Read more
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Crops, Markets, Reuters

U.S. grains: Soybeans fall on improved crop outlook, forecast

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Chicago | Reuters – Chicago soybean futures sank on Tuesday after the previous day’s better-than-expected crop conditions report coupled with forecasts for rain across the U.S. Midwest as the oilseed begins to set seed pods. Corn and wheat also fell but found support from earlier hot, dry weather that will likely cut yields. The most-active […] Read more

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