Chicago | Reuters — U.S. corn and soybean futures pushed higher on Wednesday because of uncertainty about the size of the autumn harvests and concerns that prices had dropped too low. The gains came after the most actively traded corn contract earlier in the session dropped to its lowest price in more than three months […] Read more
U.S. grains: Corn, soy rise from multi-month lows
U.S. grains: Soy slumps on improved crop rating
Chicago | Reuters –– U.S. soybean futures retreated on Tuesday on improving crop prospects and a lack of progress in trade talks with China, the world’s top importer of the oilseed, traders said. Prices took a hit after soybeans climbed on Monday on short covering and hopes for easing tensions in the trade war between […] Read more
U.S. livestock: CME hogs, cattle drop on large supplies
Chicago | Reuters — U.S. lean hog futures crumbled under the weight of large supplies and a lack of news about trade talks with China on Tuesday, while cattle futures also weakened. The declines were a turnaround from Monday, when hog futures climbed on hopes for easing tensions in the trade war between Washington and […] Read more
U.S. grains: Corn, soy slip on rains, crop ratings
Chicago | Reuters — U.S. grain and soybean futures extended losses on Tuesday as crops in the U.S. Midwest were poised to benefit from rains, traders said. Technical selling and better-than-expected U.S. Department of Agriculture crop condition ratings added pressure on prices. Showers in parts of the Midwest and Mississippi Delta temporarily eased concerns about […] Read more
U.S. grains: Rains fuel crop worries, lift corn, soy, wheat
Chicago | Reuters — U.S. grain and soybean futures jumped on Thursday as expectations for more rain in the U.S. Midwest heightened worries about bad weather reducing autumn harvests. Forecasts called for rain over the next five days, which would keep some fields too wet to plant and add stress to planted crops that are […] Read more
U.S. grains: Soy futures break 10-year low on China trade tensions
Chicago | Reuters — U.S. soybean futures tumbled to their lowest prices in more than a decade on Thursday as traders worried that make-or-break trade talks between Washington and Beijing would fail to produce a deal. Corn and wheat futures also fell as a two-day U.S.-China trade meeting was set to begin in Washington. President […] Read more
U.S. grains: Wheat futures tumble on increasing global supply estimates
Chicago | Reuters — U.S. grain and soybean futures slumped on Tuesday with strong crop ratings and increased forecasts for global harvests pushing Chicago Board of Trade wheat to a one-month low. Wheat prices came under pressure after the U.S. Department of Agriculture, in a weekly report issued late on Monday, rated 60 per cent […] Read more
U.S. livestock: Hogs limit up on China swine virus fears
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures soared by the company’s daily price limit to new contract highs on Wednesday on increasing worries about the spread of a deadly hog disease in China. Traders expect that China, the world’s biggest hog producer and pork consumer, will need to import more U.S. pork […] Read more
U.S. livestock: Hog futures set two-week peak on pork price hopes
Chicago | Reuters — U.S. lean hog futures jumped to two-week highs on Tuesday amid hopes for increased pork prices, which have been under pressure from large supplies and weakened demand from China. Wholesale pork prices, known as the cutout, rose by $1.01 on Monday to $62.93/cwt for carcasses, according to U.S. Department of Agriculture […] Read more
U.S. livestock: Cold weather pushes cattle futures to new highs
Chicago | Reuters — U.S. live cattle futures roared to new contract highs on Friday, supported by worries about cold weather limiting weight gain in herds. Most-active April cattle touched a contract high of 130.45 cents/lb., topping its previous high of 130.1 on Wednesday (all figures US$). June cattle also touched a high for the […] Read more
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