(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat climbs on frigid weather

Chicago | Reuters — U.S. wheat futures rebounded on Wednesday to notch a 1-1/2-week high on worries about frigid weather across the Wheat Belt that threatens to damage crops lacking protective snow cover. Corn also rose on spillover support from wheat and as traders covered short positions following recent contract lows. Soybeans fell to three-month […] Read more



(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Supply, demand worries pull hogs from four-month high

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures eased from a four-month top on Monday, pressured by uneasiness over burdensome supplies and tepid meat demand, said traders. Technical selling and futures’ premiums to CME’s hog index for Dec. 14 at 64.11 cents further weighed on the market, they said (all figures US$). February […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat, corn, soy rebound on short-covering

Chicago | Reuters — U.S. wheat and corn futures rose on Wednesday, bouncing from contract lows hit the previous session as traders covered short positions, traders said. Soybean futures also firmed after sagging on Tuesday following the release of a U.S. government report that highlighted the bearish global supply situation. Chicago Board of Trade soft […] Read more






(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: CME hogs at three-month low on cash, pork prices

Chicago | Reuters — Chicago Mercantile Exchange lean hogs drifted to a three-month bottom on Monday, in response to lower cash and wholesale pork prices, said traders. Sell stops and deferred-month future’s premiums to CME’s hog index for Dec. 7 at 65.48 cents further weighed on contracts. December hogs, which will expire on Dec. 14, […] Read more