Photo: Greg Berg

U.S. grains: Chicago wheat futures dip on global supply pressure; corn, soybeans fall

Soybeans slip on slower-than-hoped U.S. export sales

Chicago | Reuters – Chicago Board of Trade wheat futures fell on Friday and notched a weekly loss, as plentiful global supply from ongoing Northern Hemisphere harvests outweighed strong U.S. exports. Corn futures eased on the day, with the most-active contract Cv1 ended the week nearly 2.05 per cent lower, amid expectations of a large […] Read more

Cattle at a feedlot near North Platte, Nebraska. (AndrewLinscott/iStock/Getty Images)

U.S. livestock: Feeder cattle drop on profit taking after 10-session rally

Chicago | Reuters – Chicago Mercantile Exchange feeder cattle futures retreated in a profit-taking setback on Monday after a ten-session rally that took prices to five-month peaks, while live cattle futures followed feeders lower. Monday’s cattle declines came after managed funds had bolstered their long holdings in both markets over recent weeks, encouraged by tight […] Read more


Photo: Thinkstock

U.S. grains: Chicago wheat weakens on firm dollar, but set for weekly rise

Chicago | Reuters – Chicago wheat futures eased on Friday on profit-taking and dollar strength, according to analysts, while soybeans gained in technical rebound from three days of declines. Corn followed wheat lower. The most-active wheat contract on the Chicago Board of Trade (CBOT) Wv1settled down 4-3/4 cents at $5.64-3/4 per bushel, but rose about […] Read more