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Daily Network News

  • Photo: Geralyn Wichers

    U.S. livestock: Cattle rally, hogs slide

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    U.S. grains: Soybeans touch 16-month high, wheat firm on Chinese demand hopes

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Tag Archives futures


iStock / Getty Images
Markets, Reuters

U.S. livestock: Lean hogs retreat in nearby contract after rally

Cattle futures declined in a retreat from rallies on Friday

By Reuters, Tom Polansek, GFM Network News March 5, 2024
Chicago Mercantile Exchange lean hog futures on Monday ended lower in the front-month contract in a setback from strong recent gains, traders said.

Photo: JJ Gouin/iStock/Getty Images Plus
Markets, Reuters

U.S. grains: Soybeans and corn rise on bargain-buying after sharp falls

Brazil soy harvest running ahead of schedule compared to last year

By Heather Schlitz, Reuters, GFM Network News March 4, 2024
U.S. soybean and corn futures rose on Monday on bargain buying and short-covering after hitting three-year lows recently, but plentiful supply from South America limited gains, analysts said.


Photo: Canada Beef
Markets, Reuters

U.S. livestock: Livestock futures rally on technical trading, wholesale pricing

Pork cutout prices firmed, particularly for bellies

By P.J. Huffstutter, Reuters, GFM Network News March 1, 2024
Chicago Mercantile Exchange cattle futures rebounded on Friday, capping a volatile week of trading with a flurry of technical moves amid signs that consumer demand for beef remains strong.

Photo: iStock/Getty Images
Markets, Reuters

U.S. grains: Soybeans off 3-year low, but gain limited by global supplies

Slowing Chinese demand also weighs on prices

By P.J. Huffstutter, Reuters, GFM Network News March 1, 2024
Chicago Board of Trade (CBOT) soybean futures turned higher on Friday on signs of bargain buying and short-covering, after hitting three-year lows the previous day, although sluggish exports and hefty global supplies continue to weigh on prices, traders said.


Photo: File
Markets, Reuters

U.S. livestock: Cattle futures continue to slide on profit-taking

Traders weigh potential impacts of Texas Panhandle wildfire's effects on cattle supply

By P.J. Huffstutter, Reuters, GFM Network News February 29, 2024
Chicago Mercantile Exchange feeder cattle futures fell again on Thursday, amid ongoing profit-taking as some market participants sought cover as cash prices continue to stay firm, traders said.

Photo: JJ Gouin/iStock/Getty Images Plus
Markets, Reuters

U.S. grains: Soybeans dip to new 3-year low in volatile trading day

Weekly soybean exports on lower end of expectations -USDA

By P.J. Huffstutter, Reuters, GFM Network News February 29, 2024
Chicago Board of Trade soybean futures dipped on Thursday to a new three-year low, pressured by improving South American weather, tepid U.S. export sales and heavier-than-expected contract deliveries, traders said.


Photo: File
Markets, Reuters

U.S. livestock: CME feeder cattle slide on profit-taking

June hogs set highest price in nearly a year

By Reuters, Tom Polansek, GFM Network News February 28, 2024
Chicago Mercantile Exchange feeder cattle futures crumbled on Wednesday on profit-taking after the market reached a four-month high this week, analysts said.

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

U.S. grains: Soybean futures rise from three-year low

Corn extends recovery; wheat futures fell

By Reuters, Tom Polansek, GFM Network News February 28, 2024
Chicago Board of Trade soybean futures settled higher on short-covering and technical buying on Wednesday as the market rebounded after the front-month contract matched a three-year low, analysts said.


Photo: Fotokostic/iStock/Getty Images Plus
Markets, Reuters

U.S. grains: Corn extends bounce from three-year lows on bargain buying

Soybean futures backpedal from early advances

By Reuters, Tom Polansek, GFM Network News February 27, 2024
Chicago | Reuters -- Chicago Board of Trade corn futures rose for a second consecutive session on Tuesday, extending a slight recovery from their lowest levels in more than three years.

Photo: Michelle Erickson-Jones/iStock/Getty Images
Livestock, Markets

Klassen: Statistics Canada confirms lower feeder cattle supplies

Precipitation in Alberta, Saskatchewan increases demand for grassers

By Jerry Klassen, GFM Network News February 27, 2024
Compared to last week, Western Canadian yearling or backgrounded steers prices were quoted $5 to $8 higher; yearling or backgrounded heifers were unchanged to $4 higher. Calves were trading $4 to as much as $10 higher.


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