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

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

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures were mixed on Monday, with the front-month contract firming slightly after two straight days of declines while deferreds continued to ease. Traders said that fresh pork exports to China were required to ease the burdensome supplies and boost hog futures higher. “Even though we […] Read more

CBOT May 2019 corn futures with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn bounces from sharp sell-off

Chicago | Reuters — U.S. corn, soybean and wheat futures rose on Monday, rebounding from Friday’s sell-off spurred by a government report that showed massive supplies of all three commodities remained in storage bins around the country. Corn notched the biggest gain, with the most active Chicago Board of Trade contract rallying 1.8 per cent […] Read more


U.S. livestock: Lean hogs tumble after Trump threatens Mexico border closure

U.S. livestock: Lean hogs tumble after Trump threatens Mexico border closure

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures ended down sharply for a second straight day on Friday after a volatile session in which traders weighed thinner near-term hog supplies against risks to pork exports with Mexico. Early-session strength stemmed from a quarterly U.S. Department of Agriculture hog supply report, released after […] Read more

CBOT May 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn posts steepest drop in nearly three years on USDA reports

Chicago | Reuters –– U.S. corn futures tumbled more than four per cent on Friday in the market’s steepest drop in nearly three years after the U.S. Department of Agriculture (USDA) estimated U.S. stocks and projected spring plantings above nearly all trade estimates. Soybeans and wheat followed corn lower despite USDA’s lower-than-expected soy and spring […] Read more


U.S. livestock: Lean hogs limit down as export sales disappoint

U.S. livestock: Lean hogs limit down as export sales disappoint

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures plunged more than three per cent on Thursday as disappointing export sales data triggered profit-taking following the market’s recent run to the highest in more than eight months, traders said. Contracts from May to December closed down the daily three-cent limit, including actively traded […] Read more

CBOT May 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans bounce ahead of USDA data

Chicago | Reuters — U.S. soybean futures inched higher on Thursday as traders covered shorts and squared positions a day after a steep drop to four-month lows and on the eve of U.S. government stocks and planting reports. Corn futures were flat as improving crop prospects in South America offset concerns about flooding in the […] Read more


U.S. livestock: Cattle drop further on rising supply, weak cash prices

U.S. livestock: Cattle drop further on rising supply, weak cash prices

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures dropped for a fourth straight session on Wednesday, pressured by weaker cash cattle prices and seasonally rising supplies, traders said. Technical selling further weighed on the market, sending the spot contract to the lowest level in nearly six weeks. “We’re going to be coming […] Read more