CME October 2023 live cattle, with December 2023 live cattle (dark red O/H/L/C). (Barchart)

U.S. livestock: CME cattle touch contract highs on cash prices, tight supplies

Lean hogs mixed in technical trading

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures scaled to life-of-contract highs on Friday on firmer cash market prices and tight supplies of market-ready animals, traders said. Feeder cattle futures also posted contract highs across the board, drawing additional support from weaker feed corn prices. Feedlot cattle in the central and southern U.S. […] Read more

CBOT November 2023 soybeans with Bollinger bands (20,2). (Barchart)

U.S. grains: Soybeans down on positioning, crush pace

CBOT wheat ends up on week

Chicago | Reuters — U.S. soybean futures fell on Friday on technical selling and profit taking after two sessions of gains, and as a monthly crush report showed U.S. processors handled far fewer beans than expected in August. Corn futures followed soybeans lower, with both markets also pressured by improving crop conditions in Europe and […] Read more


CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans up on signals of supply, weather concerns

CBOT wheat falls on higher U.S. dollar, corn pressured by wheat

New York | Reuters — Chicago Board of Trade (CBOT) soybean futures turned higher amid a volatile trading session on Thursday, as commodities traders wrestled with tight domestic supplies and uncertainty over weather impacts on the current U.S. crop. Analysts said that market participants are focusing on how the recent extreme heat waves across the […] Read more

CME October 2023 live cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: Tight supply drives CME live cattle to new highs

Hogs down off Wednesday's one-month high

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures galloped to new highs on Thursday on short-covering combined with continued concerns about U.S. tight supplies, brokers said. October live cattle futures ended up 2.325 cents at 185.475 cents/lb. after setting a contract high of 185.775 cents/lb. (all figures US$). December live cattle settled 2.5 […] Read more


CBOT December 2023 soft red winter wheat with 20-day moving average, MGEX December 2023 hard red spring wheat (yellow line) and K.C. December 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat rallies on Black Sea tensions

Corn prices follow wheat higher, soy gains as traders eye crop yields

New York | Reuters — Wheat futures on the Chicago Board of Trade (CBOT) rose for a second straight session on Wednesday, as Russia reported Ukrainian strikes on a naval base in the grain-rich Black Sea region and Kyiv said its grain exports dropped sharply. Kyiv said on Wednesday more than 100 of its port […] Read more

CME October 2023 live cattle with 20- and 50-day moving averages. (Barchart)

U.S. livestock: CME cattle futures ease in technical setback after highs

Nearby lean hogs also down on technical selling

Chicago | Reuters — Chicago Mercantile Exchange live and feeder cattle futures retreated on Wednesday in a technical selling and profit-taking setback after hitting highs earlier in the week, traders said. Higher feed corn prices and a weak tone to the cash beef market added pressure, they said. “This is technical after feeder cattle hit […] Read more


CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Futures sharply lower on U.S. harvest outlook

Wheat bounces on smaller-than-expected world stocks forecast

New York | Reuters — Chicago soybeans plummeted to a three-week low and corn sharply dropped on Tuesday after a government report said crops were not hampered as much as some traders had expected by hot and dry summer weather. The U.S. Department of Agriculture raised its outlook for the corn harvest, as expectations for […] Read more

CME October 2023 live cattle with 20-day moving average and December 2023 live cattle (dark red line). (Barchart)

U.S. livestock: CME cattle futures end mixed after hitting new highs

CME lean hogs mostly higher

Chicago | Reuters — Most of the Chicago Mercantile Exchange feeder and live cattle futures hit new contract highs again on Tuesday, as tight U.S. supplies and forecast of a strong cash market added fuel to a bull rally, traders said. But by the end of the session, both live and feeder cattle futures were […] Read more


CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn choppy, wheat hits new contract low

Market eyes USDA's monthly supply-demand report for price direction

Chicago | Reuters — Chicago corn futures were choppy and wheat futures slid to the lowest level since May on Monday as traders scrambled to adjust their positions ahead of a key government crop report. Corn futures firmed late in the session on short-covering, and as market players debated how big the cuts to the […] Read more

CME October 2023 feeder cattle with 20- and 50-day moving averages. (Barchart)

U.S. livestock: CME feeder cattle, deferred live cattle hit new highs

October lean hogs also close higher

Chicago | Reuters — U.S. feeder cattle futures and deferred live cattle futures hit new contract highs on Monday, as tight U.S. supplies going into next year continued to fuel the bull market, traders said. Even Chicago Mercantile Exchange’s October and December live cattle futures surged within $1 of their contract highs, fueled by optimism […] Read more