CME December 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: Hog futures firm on technical buying

Cattle futures close mostly lower

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures firmed for the second day in a row on Thursday, with technical buying supporting prices following the market’s bounce from a 10-month low on Wednesday, traders said. CME December lean hog futures settled up 1.275 cents at 77.775 cents/lb. (all figures US$). Front-month October hogs […] Read more

CME October 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME hogs up off 10-month low on bargain-buying

Live cattle also up on technical buying

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Wednesday on bargain buying, a day after the benchmark December contract fell to a 10-month low, traders said. CME December lean hog futures settled up 2.075 cents at 76.5 cents/lb. (all figures US$). Front-month October hogs ended up 3.8 cents, at 90.8 […] Read more


CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soy sags on recession fears, firm dollar

Corn inches higher, wheat down on day

Chicago | Reuters — U.S. soybean futures ended down about one per cent on Wednesday on macroeconomic worries as the dollar bounced and brokers awaited more information on the size of the U.S. harvest, analysts said. Wheat futures closed lower after a choppy session but corn eked out a higher close as traders awaited fresh […] Read more

CME December 2022 lean hogs (candlesticks) with 20- and 100-day moving averages (pink and brown lines, right column) and CME cash Lean Hog Index (black line, left column). (Barchart)

U.S. livestock: CME lean hogs, live cattle retreat on technical selling

Funds net long in hogs, cattle

Chicago | Reuters — Chicago Mercantile Exchange benchmark December lean hog futures fell about four per cent on Tuesday, hitting a 10-month low on technical selling and worries about consumer demand for meat, traders said. Brokers shrugged off strength in outside markets including crude oil and Wall Street equity markets, which firmed as fears eased […] Read more


CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Corn, soy rise on broad commodities strength

Chicago December wheat dips

Chicago | Reuters — U.S. corn and soybean futures closed higher on Tuesday, following broad strength in commodity and equity markets tied to easing concerns about the global economy, traders said. The dollar index retreated from two-decade highs set last week, softening after Australia’s central bank surprised investors with a smaller-than-expected interest rate hike. The […] Read more

CBOT December 2022 soft red winter wheat (candlesticks) with 20- and 50-day moving averages (green and black lines), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)

U.S. grains: CBOT wheat retreats after nearing three-month high

USDA reported lower-than-expected corn stocks Friday; soy harvest progress exceeds expectations

Chicago | Reuters — Chicago Board of Trade wheat futures settled lower on profit-taking on Monday after approaching a three-month high reached during the previous session, traders said. The setback in wheat futures came after a reduced official estimate of the U.S. harvest and heightened tensions in the Ukraine war put renewed attention on global […] Read more


CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)

U.S. livestock: CME cattle, hogs up on technical buying, short-covering

Recession worries still loom large

Chicago | Reuters — Chicago Mercantile Exchange live cattle, feeder cattle and lean hog futures strengthened on Monday on technical buying and short covering, after recent selloffs were overdone, brokers said. Concerns about the risks for a global recession, which could reduce demand for beef, continued to hang over livestock markets, brokers said. Wall Street […] Read more

CBOT December 2022 soft red winter wheat (candlesticks) with 20-day moving average (green line), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat soars on new data, Russia’s annexation move

Corn climbs on smaller stocks; soybeans dip after bigger-than-expected stocks

Chicago | Reuters — Chicago wheat spiked on Friday, supported by a drastic cut to U.S. production estimates by the Agriculture Department, and Russia’s annexation of parts of Ukraine followed by increased U.S. sanctions. Corn climbed on smaller-than-expected U.S. stockpiles, while soybeans sank after USDA noted increased stores of the oilseed. The most-active wheat contract […] Read more


CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)

U.S. livestock: CME live cattle lower, underpinned by tight supply

October lean hogs also lower

Chicago | Reuters — Benchmark live cattle futures on the Chicago Mercantile Exchange eased on Friday, pressured by softening cash trade across the U.S. Plains, though markets remain supported by tightening supplies as producers continue to liquidate their herds, analysts said. “Our short-term supply issues are still front and centre. We’re running two-three per cent […] Read more

CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soybeans firm on exports, mixed harvest results

CBOT wheat eases after earlier gains; Russia's annexation plans in focus

Chicago | Reuters — Chicago soybean futures inched higher on Thursday, supported by strong export sales after lower trade much of the week as harvest progresses across the U.S. Midwest, though some farmers report lower-than-anticipated yields, analysts said. Corn and wheat eased ahead of Friday’s U.S. Department of Agriculture (USDA) quarterly U.S. grain stocks and […] Read more