Chicago | Reuters – Chicago corn, soybean and wheat futures fell on Friday, pressured by profit-taking and a rebound in the U.S. dollar, after the greenback reached a four-year low on Tuesday. Market participants were adjusting positions at the end of the month and after a volatile trading week that saw record-high precious metal prices […] Read more
U.S. grains: Chicago grain prices fall amid profit-taking and dollar rebound
U.S. grains: Chicago wheat futures firm on recent dollar slide, winter weather
Chicago | Reuters – Chicago wheat futures firmed on Thursday as a recent plunge in the dollar continued to support commodities priced in the U.S. currency and harsh winter weather threatened crops in the Black Sea region and the United States. Corn traded near flat and soybeans ticked down slightly on expectations of a large […] Read more
U.S. grains: Chicago grains and oilseeds rise on recent dollar weakness, biofuel optimism
Chicago | Reuters – Chicago grain and soybean futures climbed on Wednesday after the dollar’s weakening to a four-year low made U.S. crops more attractive for overseas buyers. Grain markets were also monitoring the impact of a winter storm on U.S. wheat fields and agricultural supply chains, while assessing comments by U.S. President Donald Trump […] Read more
U.S. grains: Soybeans regain ground on slowed South American harvest
Chicago | Reuters – Chicago soybean futures bounced on Wednesday on a slow start to the South American harvest. Meanwhile, talks between U.S. and Chinese officials boosted export sentiment and shifted attention from a diplomatic dispute over Greenland, analysts said. Wheat and corn also rebounded from drops a day earlier, with mixed weather conditions in […] Read more
U.S. grains: Chicago soybeans dip in choppy trading as Greenland dispute and global supply weigh
Chicago | Reuters – Chicago corn and soybeans slipped in choppy trading on Tuesday as tensions between Washington and Europe over Greenland unsettled investors and ample global supply hung over grain markets. A drop in the dollar and signs of brisk international demand, however, lent some support to Chicago prices as trading resumed after a […] Read more
U.S. grains: Chicago soybeans fall on competition with Brazilian exports
Chicago | Reuters – Chicago soybean futures ticked down on light post-holiday trading volume on Friday, as competitively priced Brazilian beans and favorable South American weather pressured the commodity, analysts said. Wheat and corn futures also edged down, but corn received some support from the brisk pace of U.S. exports. The most-active soybean contract on […] Read more
U.S. livestock: CME cattle futures rise on expectations of tight supplies
Chicago | Reuters – Chicago Mercantile Exchange cattle futures climbed on Wednesday as market players anticipated tighter cattle supplies in the first quarter of the new year, and there was some technical buying, according to analysts. CME February live cattle LCG26 settled 1.125 cents higher at 231.600 cents per pound, and March feeder cattle FCH26 […] Read more
U.S. grains: Chicago soybeans fall, but achieve first annual gain in three years
Chicago | Reuters – Chicago soybean futures dropped on Wednesday but logged their first annual gain in three years, supported by China’s return to the U.S. market following a late-October trade truce, although ample global supplies capped the advance. Wheat and corn futures had annual declines, pressured by abundant supplies. The most-active soybean contract on […] Read more
U.S. livestock: Lean hogs tick down on supply numbers, year-end positioning
Chicago | Reuters – Chicago Mercantile Exchange live cattle and lean hog futures fell while feeder cattle futures rose on year-end positioning, according to analysts, with the trade thin between Christmas and New Year holidays. Many funds still have net long positions, said Doug Houghton, analyst at Brock Associates, “If they’re taking profits, that’s going […] Read more
U.S. grains: Chicago grains and oilseeds fall as Black Sea, China headlines assessed
Chicago | Reuters – Chicago grains and oilseeds fell on Monday in thin holiday season trade, as market players weighed how markets would be affected by news from Russia, Ukraine and China, according to analysts. There were positive signals from talks between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy to end the war […] Read more