Chicago Mercantile Exchange cattle futures dipped on Tuesday as gains fueled by tight cattle supplies and strong demand faded amid concerns that high beef prices and cooling weather could soon affect retail meat sales, analysts said.
U.S. livestock: Cattle futures slip on demand concerns as beef prices turn lower
U.S. grains: Soy drops on demand worries, corn firm as traders question lofty yield projections
U.S. soybean futures fell to a 1-1/2 week low on Tuesday as China continued to shun purchases from the United States and as forecasts for improved rains in the coming days reinforced expectations for a sizeable Midwest harvest.
U.S. grains: Corn, soybeans rise on short-covering ahead of weekend, crop tour
U.S. corn and soybean futures rose on Friday on short-covering ahead of the weekend and a closely followed crop tour set to begin surveying fields across the Midwest next week.
U.S. grains: Soybeans retreat as demand worries overshadow USDA’s production cut
U.S. soybean futures declined for the first time in four sessions on profit taking on Thursday after a rally ignited by the U.S. government's lower-than-expected harvest outlook took prices to six-week highs.
U.S. livestock: Cattle slip on profit taking, technicals after weak beef export data
Chicago Mercantile Exchange cattle futures retreated on Thursday in a profit-taking and technical setback after three sessions of gains and as disappointing weekly beef export sales data weighed on the market.
U.S. grains: Soybeans extend gains after USDA’s US harvest outlook cut
U.S. soybean futures climbed to a 1-1/2 month high on Wednesday, extending gains from the prior session after the U.S. Department of Agriculture forecast a much smaller autumn harvest than previously expected.
U.S. grains: Corn dives after USDA projects bin-busting US harvest, soybeans rise
U.S. corn futures plunged to contract lows on Tuesday after the Department of Agriculture projected a record-shattering corn harvest this year as farmers planted more acres than expected and the crop faced few weather challenges this summer.
U.S. grains: Soybeans rally after Trump urges China to buy more U.S. beans
U.S. soybean futures rallied to a two-week high on Monday after U.S. President Donald Trump said he hoped China would quadruple its soybean buying from the United States and as forecasts of hot, dry U.S. weather sparked some concern about yields.
ADM Q2 profit falls to 5-year low amid trade turmoil
Archer-Daniels-Midland posted its lowest second-quarter profit in five years on Tuesday as U.S. trade upheaval and uncertainty around biofuel policies slowed sales and crimped trading and crop processing margins.
USDA cuts US corn stocks outlook after raising exports to record high
The U.S. Department of Agriculture lowered its U.S. corn supply forecast in a monthly supply-and-demand report on Friday and raised its outlook for U.S. exports of the grain this season to a record high following a strong pace of overseas shipments.
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