Chicago | Reuters — Chicago soybean futures reached four-year highs on Thursday as continued dryness in South America’s crop areas raised supply concerns at a time of brisk Chinese demand. Corn and wheat hit their highest in more than one week on strong demand and supply concerns. The most-active soybean contract on the Chicago Board […] Read more
U.S. grains: Soybeans reach four-year high on global supply concerns
Corn, wheat rise to one-week highs
U.S. livestock: Live cattle futures up with boxed beef prices
Domestic consumption supportive for hogs
Chicago | Reuters — U.S. live cattle futures climbed on Thursday, supported by higher cash cattle and wholesale beef prices, traders said. Chicago Mercantile Exchange December live cattle futures settled 0.475 cent higher at 108.35 cents/lb. (all figures US$). CME feeder cattle futures gained 0.25 cents to end at 135.4 cents/lb. “After four weeks in […] Read more
U.S. grains: Soybeans lift on South American weather concerns
Market weighs U.S. vote, pending WASDE report
Chicago | Reuters — Chicago soybean futures gained on Wednesday, touching a one-week high as recent rains in South America do little to aid drought-stricken crops, making U.S. beans more attractive on the world market, traders said. Wheat fell slightly as U.S. and global supply outlooks remain strong, while corn was choppy, paring early declines […] Read more
U.S. livestock: Cattle futures up on firm cash, export hopes
Lower supplies in cold storage support hogs
Chicago | Reuters — U.S. live and feeder cattle futures gained on Wednesday as strong export optimism supports production through the end of the year, traders said. Chicago Mercantile Exchange December live cattle futures settled 0.5 cent higher at 107.875 cents/lb. (all figures US$). Market-ready cattle traded in the cash market at $107/cwt, up $1 […] Read more
U.S. livestock: Cattle futures trim back on election uncertainty
Pork fundamentals still bearish on hogs
Chicago | Reuters — U.S. live and feeder cattle futures fell on Tuesday in a round of profit-taking ahead of an uncertain U.S. presidential election, analysts said. Chicago Mercantile Exchange December live cattle futures settled 0.725 cent lower at 107.825 cents/lb., after rising in each the last five sessions (all figures US$). CME feeder cattle […] Read more
U.S. grains: Soybean futures climb on export optimism
'No matter who's president, China still needs to feed their hog herd'
Chicago | Reuters — Chicago soybean futures climbed on Tuesday on export optimism and a slower-than-expected U.S. harvest pace, traders said. Wheat firmed as traders monitored dryness in U.S. and Russian growing belts, while corn traded higher on continued hopes of China buying. The most-active soybean contract on the Chicago Board of Trade (CBOT) settled […] Read more
U.S. grains: Crop prices slide as pandemic concerns rattle markets
Traders await U.S. export sales data Thursday
Chicago | Reuters — U.S. grain and soybean futures fell on Wednesday as part of a broad sell-off in markets fueled by concerns about the economic impact of a global surge in COVID-19 cases, traders said. Losses in agricultural futures pulled corn prices back from a 14-month high reached on Tuesday and soybean prices down […] Read more
U.S. grains: Corn trims gains on technical selling
Wheat slides as harvests face decreased demand; soybeans drop on down meal market
Chicago | Reuters — Chicago corn futures ended slightly lower on Tuesday after a day of positive trading after the U.S. Department of Agriculture (USDA) reported decreased crop conditions due to recent hot weather across the western corn belt. Wheat slid as winter harvests continue, while soybeans remained lower as weak soymeal trade overwhelmed gains […] Read more
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