(Lisa Guenther photo)

CBOT weekly outlook: Corn, soy steady as attention turns to South America

CNS Canada — Soybean and corn futures at the Chicago Board of Trade are both keeping rangebound as attention shifts from last week’s U.S. Department of Agriculture supply/demand report to South American growing conditions. During the week ended Wednesday the December corn contract rose 2.5 cents, to $3.485 per bushel (all figures US$). On the […] Read more







(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Front-month soy tops US$10

New York | Reuters — U.S. spot soybean futures closed above US$10 a bushel on Friday, the highest in 2-1/2 months, on follow-through buying a day after the U.S. Department of Agriculture lowered its estimate of the U.S. average soy yield, analysts said. Corn futures rose on a bigger-than-expected weekly export sales tally and wheat […] Read more


(USDA.gov via Flickr)

U.S. grains: Soybeans jump after USDA cuts yield estimate

Chicago | Reuters — Chicago soybean futures jumped to a 2-1/2-month high on Thursday after the U.S. Department of Agriculture lowered its U.S. soybean yield estimate in a monthly report, bucking trade expectations for a slight increase. Corn futures followed soybeans higher, rallying after front-month December set a contract low, while wheat futures retreated. Chicago […] Read more




(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hogs rise on stronger cash markets

Chicago | Reuters — Chicago Mercantile Exchange lean hogs climbed for the second straight session on Wednesday, buoyed by short-covering and rising cash hog prices, traders and analysts said. Live cattle and feeder cattle futures each were little-changed in relatively light-volume trading in livestock futures ahead of a U.S. Department of Agriculture monthly grain supply […] Read more