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Tag Archives closing markets


January 2024 CBOT soybeans as of Dec. 14, 2023, with moving averages over 20, 50 and 100 days. (Barchart)
Markets, Reuters

U.S. grains: Soy futures rise amid US export demand

China may buy a couple more cargoes of U.S. soy for next-year delivery: analysts

By Reuters, Tom Polansek, GFM Network News December 14, 2023
Chicago | Reuters -- Chicago Board of Trade soybean futures settled higher on Thursday on steady U.S. export demand and weakness in the dollar, analysts said.

Sides of pork in cold storage. (Agnormark/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. livestock: CME hogs decline further as cattle face renewed pressure

"I think we're still trying to hunt for a bottom": analyst

By Reuters, Tom Polansek, GFM Network News December 13, 2023
Chicago Mercantile Exchange lean hog futures extended a slump, as live cattle futures came under renewed pressure with broad selling hitting agricultural markets on Wednesday.


Photo: Getty Images
Markets, Reuters

U.S. grains: Soybeans tumble on improving weather forecast for Brazil

Corn and wheat futures also traded lower

By brendan-obrien, Reuters, GFM Network News December 13, 2023
Chicago soybean futures sank for a second consecutive session on Wednesday as the prospect of rain in Brazil eased worries about drought damaging harvest prospects in the world's top exporter.

Photo: iStock/Getty Images

U.S. grains: Soy futures end down as traders eye Brazil weather

Wheat and corn futures advance

By Reuters, Tom Polansek, GFM Network News December 12, 2023
Chicago Board of Trade soybean futures backpedaled on Tuesday after reaching their highest price in December as traders assessed risks from unfavorable crop weather in Brazil.


Photo: Thinkstock
Markets, Reuters

U.S. livestock: CME cattle rise with boxed beef prices, bounce from recent decline

CME lean hogs hit lowest price since Nov. 28 contract low

By Reuters, Tom Polansek, GFM Network News December 11, 2023
Chicago | Reuters -- Chicago Mercantile Exchange live cattle futures advanced on Monday as wholesale beef prices increased and the market rebounded from a 2% slide last week, brokers said.

Photo: Getty Images
Markets, Reuters

U.S. grains: Soybeans finish higher on Brazil weather concerns, global demand

Wheat futures plummeted; corn pressured by spillover weakness

By brendan-obrien, Reuters, GFM Network News December 11, 2023
U.S. soybean futures rose on Monday as concerns re-emerged that drought conditions in Brazil are having a detrimental effect on crops in the top-producing nation and after the U.S. government announced another export sale.


(Medioimages/Photodisc/Getty Images)
Crops, Markets, Reuters

U.S. grains: CBOT grain, soybean futures tumble after monthly USDA data

U.S. government reported sales of 1,120,000 tons of soft red wheat to China this week

By brendan-obrien, Reuters, GFM Network News December 8, 2023
U.S. soybean futures fell on Friday after the Department of Agriculture's updated estimate of Brazil's soybean harvest fell toward the high end of trade expectations, easing concerns about global supplies of the oilseed.

(Photo courtesy Canada Beef Inc.)
Markets, Reuters

CME cattle futures rout continues; hogs end lower

Despite small U.S. herd, placement into feedlots have been above last year's levels

By Julie Ingwersen, Reuters, GFM Network News December 8, 2023
Live cattle futures on the Chicago Mercantile Exchange dropped on Thursday to fresh multi-month lows on technical selling and weak beef prices at a time when feedlot supplies of market-ready cattle are rising, analysts said.


Photo: Thinkstock
Markets, Reuters

U.S. grains: Soybeans rally ahead of Argentina’s inauguration of Milei, U.S. export sales

The libertarian president-elect has pledged to dollarize the economy, leading to devaluation rumours

By brendan-obrien, Reuters, GFM Network News December 7, 2023
U.S. soybean futures rose on Thursday on a fresh round of export sales and the prospect of Argentina's new President Javier Milei devaluing the nation's currency after he takes office over the weekend, analysts said.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets, Reuters

U.S. grains: Wheat rises on third day of US sales to China; soy, corn retreat

Corn and soybean were pressured by weather forecasts for Brazil and parts of South America

By brendan-obrien, Reuters, GFM Network News December 6, 2023
Chicago wheat pared gains on Wednesday after touching a four-month high following a third straight day of private sales of U.S. wheat to China, the largest wave of Chinese purchases in almost a decade.


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