CME August 2023 feeder cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: Feeder cattle fall after USDA report

June hogs rise above 10-day moving average

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts edged higher on Monday, while feeder cattle contracts fell, after U.S. government data released on Friday afternoon showed bigger-than-expected supplies in feedlots. The U.S. Agriculture Department’s monthly report showed that the number of U.S. cattle on feed, as of April 1, was down four per […] Read more

CBOT July 2023 soybeans with Bollinger bands (20,2). (Barchart)

U.S. grains: Cheap Brazilian soybeans destined for U.S.

U.S. weather, Ukrainian exports also in focus

Mexico City | Reuters — U.S. soybean futures closed the week down on Friday, extending losses as cheap Brazilian beans were being snatched up by the U.S., the second-largest soy producing country in the world. A drop in prices due to abundant local supplies and cooling demand have made Brazil an attractive origin for soybeans, […] Read more


CME June 2023 live cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME cattle mixed, cash-futures spread remains wide

Hogs firm after touching new lows

Chicago | Reuters — The Chicago Mercantile Exchange’s spot live cattle futures eased on Friday, after prices in some cash cattle markets dipped lower than last week, traders said. Still, traders cautioned, the spread between cash and deferred futures prices remains wide — a spread that could tighten in the coming weeks as the U.S. […] Read more

CBOT July 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Chicago grains down on export data, weather

EU transit plan, Black Sea inspections temper Ukraine fears

Reuters — Chicago grains closed lower Thursday on lower-than-expected U.S. soybean export sales data, and favourable weather that would allow for planting to accelerate in the Midwest farm belt. Grains prices were also impacted by crude oil falling. The U.S. Department of Agriculture said soybean weekly export sales totalled 103,000 tonnes, below forecasts. “Export sales […] Read more


CME June 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Volatility roils CME cattle market

Chicago lean hog futures slump

Chicago | Reuters — The Chicago Mercantile Exchange’s cattle futures saw a second day of volatile trading on Thursday, with wide trading ranges and weaker technicals resulting in the spot live cattle contract turning lower, analysts said. One key reason, traders said, is that a white-hot cash market may have hit its limit. Cattle sold […] Read more

CBOT May 2023 soft red winter wheat with 20-day moving average, MGEX May 2023 hard red spring wheat (yellow line, left column) and K.C. May 2023 hard red winter wheat (orange line, left column). (Barchart)

U.S. grains: Chicago futures dip as Ukraine inspections resume

Planting windows seen in U.S. despite rain forecasts

Mexico City | Reuters — Chicago grains and soy futures closed lower on Wednesday after inspections of ships carrying Ukrainian grain from the Black Sea resumed, and crude oil’s dip pressured prices down. A Ukrainian official said that “ship inspections are being resumed, despite the RF’s (Russian Federation’s) attempts to disrupt the agreement.” Kyiv faces […] Read more


CME June 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME lean hogs touch new lows on fat supplies

Live cattle down on profit-taking, feeder cattle touch fresh highs

Chicago | Reuters — Choppy trade roiled the Chicago Mercantile Exchange’s livestock markets on Wednesday, while bountiful pork supplies and questions over consumer demand sent five of lean hog contracts slumping to new contract lows. The hog market turned sharply down, traders said, as the sector continues to wrestle with weak cash prices and larger-than-expected […] Read more

CBOT May 2023 soft red winter wheat with 20-day moving average, MGEX May 2023 hard red spring wheat (yellow line) and K.C. May 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Chicago grains flat or higher on Ukraine concerns

Rains expected to cause U.S. planting delays

Mexico City | Reuters — Chicago grain and soy futures closed nearly flat or higher on Tuesday as traders assessed the impact of several countries banning Ukrainian grain, and the future of a Black Sea grains deal remained in doubt. Markets were also eying expected rains in the U.S. that would likely slow planting schedules. […] Read more


CME May 2023 feeder cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME feeder cattle hit new highs

Chicago lean hogs hit new low

Chicago | Reuters — Chicago Mercantile Exchange’s April and May feeder cattle futures hit fresh contract highs on Tuesday on tight supplies, as analysts said they expected cattle placements to continue to trend down, traders said. Meanwhile, CME May lean hogs hit a contract low of 78.5 cents/lb., before closing down 2.175 cents at 78.825 […] Read more

CBOT May 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Chicago soybeans up on major U.S. crush

USDA says winter wheat at 27 per cent good or excellent condition

Mexico City | Reuters — Soybean futures gained following strong U.S. crushing data on Monday, while wheat and corn also closed higher after several eastern European countries banned grain and other food imports from Ukraine, casting further doubt on Ukrainian exports. Members of the National Oilseed Processors Association (NOPA) said the U.S. soybean crush jumped […] Read more