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U.S. livestock: CME hogs rally after contract lows; cattle futures jump

Chicago | Reuters – Lean hog futures rallied at the Chicago Mercantile Exchange on Friday after falling earlier to contract lows under pressure from increased U.S. production. Cattle futures also climbed. A rise in wholesale prices for U.S. pork helped trigger the turnaround in hogs, analysts said. The U.S. Department of Agriculture priced the pork carcass cutout […] Read more



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U.S. livestock: Lean hog futures retreat as wholesale US pork prices sag

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures backpedaled on Thursday from a one-week high reached during the previous session, while live cattle futures strengthened. Hog futures eased after wholesale U.S. pork prices pulled back from a jump on Tuesday. The U.S. Department of Agriculture priced the pork carcass cutout at $97.02 per […] Read more


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U.S. grains: Corn hits two-week high as US, global weather worries lift grains

Chicago | Reuters – Chicago Board of Trade corn futures set a two-week high on Thursday on concerns about rising temperatures in the U.S. farm belt. Global weather worries also helped support grain markets, after the U.S. Department of Agriculture trimmed its outlook for world 2024-25 corn and wheat ending stocks in a monthly report on Wednesday. […] Read more

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U.S. grains: Wheat sags on uncertain demand outlook; corn firm, soy lower

Chicago | Reuters – U.S. wheat futures fell about 1.5 per cent on Wednesday as worries about global export demand and a year-on-year rise in U.S. inventories overshadowed support from a shrinking Russian wheat crop, analysts said. Corn futures firmed while soybeans declined after the U.S. Department of Agriculture’s monthly supply/demand reports offered few market-moving surprises. Chicago Board […] Read more


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U.S. livestock: Live cattle, lean hog futures end lower

Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange closed lower on Tuesday in dull technical trade as market players await cash cattle trade to develop, brokers said. CME August live cattle LCQ24 settled down 1.050 cents at 178.925 cents per pound, although the contract stayed above its 100- and 200-day moving averages. CME August […] Read more

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U.S. grains: Wheat climbs three per cent in rally from one-month lows; soy, corn sag

Chicago | Reuters – U.S. wheat futures rallied on Tuesday after a nine-session slide, with the benchmark Chicago Board of Trade (CBOT) July WN24 wheat contract lifted by bargain buying and renewed worries about crops in top global exporter Russia, brokers said. CBOT soybean and corn futures declined as market players awaited fresh direction from monthly […] Read more