U.S. soybean futures eased on Monday on active harvesting across the Midwest farm belt and brisk early planting as well as exports in rival supplier Brazil, and as top importer China continues to shun U.S. supplies.
Tag Archives closing markets
U.S. grains: Soybean ease on harvest pressure, competition from Brazil
U.S. livestock: Cattle rebound on technical buying
Chicago | Reuters – Chicago Mercantile Exchange cattle futures rebounded on technical buying on Friday, though declining wholesale beef prices and weaker cash markets have weighed on prices, analysts said. CME December live cattle LCZ25 rose 1.025 cents to end at 234.50 cents per pound. CME November feeder cattle FCX25 rose 3.025 cents to end […] Read more
U.S. grains: Soybeans fall as rapid harvest overshadows China trade hopes
U.S. soybean futures closed lower on Friday as pressure from a fast-advancing U.S. harvest offset early-session support from hopes that upcoming U.S.-China talks could revive stalled soybean trade.
U.S. livestock: CME cattle fall on profit-taking
Chicago | Reuters – Chicago Mercantile Exchange cattle futures fell on profit-taking on Thursday, though hopes for the border reopening to Mexican cattle imports have also put a damper on prices. On Tuesday, the U.S. Food and Drug Administration announced it had approved Dectomax-CA1, an injectable anti-parasitic medication, to prevent and treat screwworm in cattle. […] Read more
U.S. grains: Soybeans rebound as market weighs China prospects
Chicago soybean futures ticked higher on Thursday, continuing the previous day’s rebound as the market assessed chances for a resumption in Chinese demand following comments by U.S. President Donald Trump.
U.S. livestock: Cattle choppy amid weak cash market, tight supply
Chicago | Reuters – Chicago Mercantile Exchange cattle futures traded both sides of unchanged on Wednesday as mixed-to-weaker cash markets and a continued tight supply of cattle buffeted futures, analysts said. Industry experts said the U.S.-Mexico border is likely to be closed to cattle imports for the foreseeable future as the flesh-eating screwworm parasite spreads. […] Read more
U.S. grains: Chicago grains, soy rebound after Trump announces meeting with Xi
Chicago soy futures rebounded on Wednesday from below the psychological $10 threshold after U.S. President Donald Trump said soybeans will be a major topic of discussion when he meets with Chinese President Xi Jinping in four weeks.
U.S. grains: Soybeans, corn fall on harvest pressure
U.S. corn and soybean futures were lower on Monday in choppy trade, pressured by the expanding Midwest harvest of both crops, but uncertainty about quarterly government stocks data due on Tuesday kept a floor under prices, analysts said.
U.S. livestock: Hog futures slide in technical correction
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures ticked lower on Monday in a technical pullback after futures surged in the previous session, traders said. The U.S. Department of Agriculture in its quarterly Hogs and Pigs report on Thursday said the nation’s inventory on September 1 was 74.5 million head, down 1.3 per […] Read more
U.S. livestock: Hog futures hit contract highs on shock herd decline
Chicago | Reuters – Lean hog futures stormed to contract highs at the Chicago Mercantile Exchange on Friday as smaller-than-expected U.S. inventory numbers stoked concerns about supplies, analysts said. The nation’s inventory on September 1 was 74.5 million head, down 1.3 per cent from a year earlier, the U.S. Department of Agriculture said in a […] Read more
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