U.S. livestock: CME live cattle futures down on long liquidation

U.S. livestock: CME live cattle futures down on long liquidation

Chicago | Reuters — U.S. live cattle futures fell to a six-week low on Wednesday as lower cash beef prices and bearish technical signals prompted a round of long liquidation, traders said. Chicago Mercantile Exchange lean hog futures closed mixed, with nearby contracts turning higher and gaining against back months. Commodity funds hold net long […] Read more


CBOT July 2019 corn with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

U.S. grains: Corn, soy drop to multimonth lows

Chicago | Reuters — U.S. corn futures fell to their lowest level in seven months on Wednesday and spot soybean futures hit a 5-1/2-month low on ample global supplies and dimming prospects for U.S. export business, analysts said. Wheat also declined, with Chicago Board of Trade futures hitting a one-month low while K.C. and Minneapolis […] Read more