(USDA.gov via Flickr)

U.S. livestock: CME hogs settle mostly lower before USDA report

Chicago | Reuters — Most Chicago Mercantile Exchange lean hog contracts closed lower on Thursday, pressured by profit-taking ahead of the U.S. Department of Agriculture’s quarterly hog report at 2 p.m. CT. “The industry will no doubt show herd expansion and record-large production, it’s just a question of how much,” said Archer Financial Services broker […] Read more







(Photo courtesy United Soybean Board)

U.S. grains: Soybeans sag as harvest gets rolling

Chicago | Reuters — U.S. soybean futures fell about 1.3 per cent on Monday as anecdotal reports of better-than-expected yields from the early harvest in the Midwest began to trickle in, traders said. Wheat futures turned higher on fund short-covering ahead of a key U.S. government crop report on Friday while corn was little changed. […] Read more



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U.S. cattle placements spike in August

Chicago | Reuters — Ranchers placed 1.93 million cattle in U.S. feedlots in August, the U.S. Department of Agriculture said on Friday, in a stronger-than-expected report likely to weigh on futures early next week. Cattle placements rose about three per cent from August in 2016, USDA said. Analysts polled by Reuters had predicted a decline […] Read more



(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: CME October hogs fall to contract low

Chicago | Reuters — Chicago Mercantile Exchange October lean hog futures fell sharply to a contract low on Thursday, weighed down by a months-long decline in cash prices and abundant supplies, traders said. Deferred hog futures contracts as well as most live cattle and feeder cattle contracts also eased on technical selling and profit-taking. Traders […] Read more