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Tag Archives closing markets


CBOT wheat futures ZWH24  on Dec. 28 with moving averages for 20, 50 and 100 days. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat rebounds with Black Sea risks, short covering by funds

Corn, soybeans fell as traders assessed a rainy forecast in South America

By brendan-obrien, Reuters, GFM Network News December 28, 2023
Chicago wheat futures climbed on Thursday after a vessel hit a mine in the Black Sea, an incident that underscores the continuing security risks along the key global grain trade shipping route.

Photo: File
Markets, Reuters

U.S. livestock: CME lean hog, cattle future contracts mixed

Live cattle futures eased on profit-taking and weaker-than-expected cash trades

By P.J. Huffstutter, Reuters, GFM Network News December 28, 2023
Chicago Mercantile Exchange (CME) feeder cattle futures firmed on Wednesday, seeing a boost from weakness in the grain market and as the trade tried to spur ranchers to rebuild their herds, analysts said.


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Wheat slips after rally, soybeans tick higher

Traders continue to keep a sharp eye on Brazil weather forecast

By brendan-obrien, Reuters, GFM Network News December 27, 2023
Chicago wheat declined on Wednesday, erasing most of the gains made the day before when worries that escalating wartime tensions would impact shipping in the Black Sea exporting region sent grains markets higher.

Soybean futures ZSH24 on Dec. 22 with the 20-day moving average. (Barchart)
Markets, Reuters

U.S. grains: Chicago soybean, grain futures firm ahead of holidays

Railways between U.S. and Mexico reopened five days after key trade routes closed

By P.J. Huffstutter, Reuters, GFM Network News December 22, 2023
Chicago Board of Trade soybean and grain futures firmed on Friday, as traders adjusted their positions before the year-end holidays after a flurry of economic data showed underlying inflation pressures continuing to ease.


Lean hogs HEG24 on Dec. 22 with the 20-day moving average. (Barchart)
Markets, Reuters

U.S. livestock: CME lean hogs firm, but face bigger-than-expected US herd

Live cattle ended the day down, feeder cattle were up

By P.J. Huffstutter, Reuters, GFM Network News December 22, 2023
Chicago Mercantile Exchange lean hogs turned higher on a technical bump on Friday, and cattle futures were mixed on moderate cash trades, traders said.

CME live cattle futures LEG24 on Dec. 21. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures face renewed pressure

Lean hog futures ended the day mixed

By P.J. Huffstutter, Reuters, GFM Network News December 21, 2023
Chicago Mercantile Exchange cattle futures were mostly sharply lower on Thursday as traders sold off or shifted their positions ahead of a series of key government reports, analysts said.


CBOT soybeans ZSH24 on Dec. 21. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans fall on Brazilian rain forecasts

Corn up on technical bounce, wheat up on weaker dollar

By P.J. Huffstutter, Reuters, GFM Network News December 21, 2023
Chicago soybean futures fell on Thursday as traders focused on forecasts calling for rain in Brazil, tempering some concerns over yield losses in the world's top oilseed exporter.

Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: Chicago corn futures hit new lows

Exports being lost because of US-Mexico rail crossing closures, industry says

By P.J. Huffstutter, Reuters, GFM Network News December 20, 2023
Chicago front-months' corn contracts hit new lows on Wednesday after the U.S. government closed two key rail crossings into Mexico, the top importer of U.S. corn, in response to rising migrant crossings.


Photo: File
Livestock, Markets, Reuters

U.S. livestock: Cattle futures firm on hopes of higher cash prices

The trade is expecting a smaller hog herd, Reuters survey shows

By P.J. Huffstutter, Reuters, GFM Network News December 20, 2023
Chicago Mercantile Exchange cattle futures firmed on Wednesday amid technical trading, weakness in U.S. corn futures and hopes of higher cash prices next week as packers close out the year, analysts said.

(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Chicago soybeans turn lower on rain forecast in Brazil

Wheat futures rose on a technical bounce

By P.J. Huffstutter, Reuters, GFM Network News December 19, 2023
Chicago soybean futures turned lower on Tuesday, as weather forecasts called for Brazil's dry crop belts getting some much-needed rainfall in the coming days.


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