CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle climb on firmer cash market

Hogs down on technical selling

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied on Friday on tight fed cattle supplies and higher cash market sales in the central U.S. Plains and western Midwest, traders said. Beef packers were in need of cattle to fill near-term operations, including a large Saturday slaughter and a full week of production […] Read more

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

U.S. grains: Soybeans, corn drop on improved crop weather

CBOT September wheat also down

Chicago | Reuters — U.S. corn and soybean futures fell on Friday as recent welcome rains across the Midwest farm belt, and forecasts for more next week, aided crops that had been suffering under an early season drought. Soybeans, which notched a four-month high on Monday, ended down 1.9 per cent for the week, while […] Read more


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

U.S. grains: Corn firms on technicals, short-covering

Soybeans retreat; wheat futures consolidate

Chicago | Reuters — U.S. corn futures rose on Thursday on technical buying and short covering following a two-week slide that took prices to 2-1/2 year lows. Soybean futures fell in a profit-taking retreat from multi-month highs posted after the U.S. Department of Agriculture (USDA) unexpectedly slashed its U.S. plantings estimate and as recent rains […] Read more

CME October 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle ease on weak cash market

Lean hog futures mostly higher

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures declined on Thursday as a weak tone to the cash market and worries about slowing beef demand weighed on prices, traders said. Livestock traders were monitoring cash market activity at Plains feedlots, where fed cattle were lightly bid at $178/cwt, below the bulk of cash […] Read more


CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures turn lower

Current-year hog futures higher

Chicago Mercantile Exchange live cattle and feeder cattle futures took a turn lower in resumed trading Wednesday while near-month hogs turned higher. Most-active August live cattle came back off the U.S. Independence Day break down for a second day off Friday’s three-week high, closing Wednesday at 174.95 cents/lb., down 1.875 cents from Monday (all figures […] Read more

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

U.S. grains: Wheat surges on slow harvesting, poor crop conditions

Corn hits 2-1/2-year low and ends mixed, soy mostly firm

Chicago | Reuters — U.S. wheat futures surged on Wednesday as slow winter wheat harvesting and deteriorating spring crop conditions fuelled buying and short covering that lifted prices from 2-1/2-week lows. The wheat rally pulled corn up from 2-1/2-year lows despite expanded plantings and recent rains that lessened concerns about drought-reduced yields. Soybeans firmed on […] Read more


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

U.S. grains: Soybeans rally on supply worries

Plantings weigh on corn; CBOT wheat also falls

Chicago | Reuters — Chicago Board of Trade (CBOT) soybean futures on Monday rallied for a second consecutive session, following a shockingly low plantings estimate from the U.S. Department of Agriculture (USDA) on Friday. Corn futures eased at the start of this holiday-shortened week, remaining at a 2-1/2 year low, on choppy technical trading, traders […] Read more

CME August 2023 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME feeder cattle firm on choppy corn trade

Live cattle, lean hogs mixed

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased and feeder cattle futures ticked up on Monday, as corn prices faced a choppy trading day at the start of this holiday-shortened week, traders said. Meanwhile, the hog market ended the day mixed, with nearby contracts continuing to be bullish on growing buyer interest, […] Read more


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

U.S. grains: Soy soars after USDA slashes plantings estimate

CBOT corn dives, wheat follows; soyoil runs limit-up

Chicago | Reuters — U.S. soybean futures surged about six per cent on Friday after the U.S. Department of Agriculture (USDA) reported much lower-than-expected 2023 soy plantings and June 1 inventories, while corn futures tumbled on larger-than-expected acreage. Wheat futures fell in sympathy with corn, despite a smaller-than-expected quarterly wheat stocks figure. On the Chicago […] Read more

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

U.S. livestock: CME cattle up as corn prices slide

Chicago lean hog futures end mixed

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set a three-week high on Friday, lifted by a surge in feeder cattle futures as corn prices tumbled, traders said. Tightening U.S. cattle supplies and a resilient beef market lent support, along with a strong close for the month and quarter on Wall Street that […] Read more