CME August 2021 lean hogs (candlesticks) with 20- and 50-day moving averages (pink, black lines) and August 2021 live cattle (red open/high/low/close). (Barchart)

U.S. livestock: Lean hogs ease on profit-taking

Cash prices, corn values drag on cattle futures

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures settled mostly lower on Wednesday, as investors took profits after some nearby contracts scaled the highest levels in years during the session on strong cash hog and pork prices. Cash hog prices remained firm while pork values hovered near the highest in almost seven years, […] Read more

CBOT July 2021 corn (candlesticks) with 20-day moving average (yellow line) and CBOT July 2021 wheat (orange line). (Barchart)

U.S. grains: Corn up off one-month low

Wheat and soy drift lower

Chicago | Reuters — U.S. corn futures recovered slightly on Wednesday from a steep selloff a day earlier as bargain buying and technical buying lifted prices from one-month lows, although gains were limited by favourable crop weather across the U.S. Midwest. Soybeans were mostly lower, extending prior-session losses on good crop weather, while wheat fell […] Read more


CBOT July 2021 corn (candlesticks) with 20-day moving average (yellow line) and December 2021 corn (orange high/low/close). (Barchart)

U.S. grains: Corn sinks to one-month low on weather, technical selling

Soybeans, wheat follow corn lower

Chicago | Reuters — U.S. corn futures tumbled to a one-month low on Tuesday as timely spring planting and beneficial rains across most of the Midwest boosted crop prospects. Losses accelerated as corn prices fell below recent lows and breached other technical chart support levels. Soybeans and wheat also dropped on stronger harvest prospects as […] Read more

CME July 2021 lean hogs with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Lean hogs up as pork prices rise, corn tumbles

Corn's decline also feeder cattle's gain

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rebounded from the prior day’s losses on Tuesday on stronger cash pork prices and a weaker dollar, and as corn feed values fell sharply. Feeder cattle contracts also posted strong gains as benchmark corn futures on the Chicago Board of Trade plunged more than five […] Read more


CBOT July 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)

U.S. grains: Corn, soybeans sink after Midwest rains

Wheat down on big Kansas crop outlook, export competition

Reuters — U.S. corn and soybean futures fell on Monday as rains boosted recently planted crops across the U.S. Midwest and as traders weighed future export demand following a flurry of corn purchases by China last week. Wheat futures also fell, sinking to the lowest level in more than a month as prospects for a […] Read more

CME August 2021 live cattle (candlesticks) with 20-day moving average (red line) and July 2021 lean hogs (pink open/high/low/close). (Barchart)

U.S. livestock: Cattle futures sink as on-feed supply tops estimates

Profit-taking drags on hogs

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures retreated on Monday after U.S. government data showed supplies in feedlots above trade expectations and as some traders worried about demand for beef. The U.S. Department of Agriculture (USDA) said late on Friday that May 1 on-feed cattle supplies stood at 105 per cent of […] Read more


CBOT July 2021 wheat (candlesticks) with MGEX July 2021 wheat (orange open/high/low/close) and K.C. July 2021 wheat (yellow OHLC). (Barchart)

U.S. grains: Wheat hits one-month low, soybeans three-week low

Chicago corn down on profit-taking

Chicago | Reuters — U.S. wheat futures fell on Friday, touching a one-month low on improving prospects for the crop in the U.S. Plains, traders said. Corn futures fell on a round of profit-taking after rising in three of the previous four sessions. Soybeans also closed lower, with concerns about demand outweighing a bargain-buying attempt […] Read more

CME July 2021 lean hogs (candlesticks) with Bollinger bands (20,2) and August 2021 live cattle (red open/high/low/close). (Barchart)

U.S. livestock: Hog futures rally to highest since August 2014

USDA's latest cattle count beats forecasts

Chicago | Reuters — Chicago Mercantile Exchange hog futures rallied on Friday to their highest in nearly seven years, with strong demand outstripping supplies on hand as restaurants around the U.S. have been reopening after COVID-19 shutdowns, traders said. “We are seeing strong retail demand, with the food service trying to recapture their share of […] Read more


CBOT July 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange, green lines). (Barchart)

U.S. grains: Corn futures rise; soybeans, wheat weak

Kansas winter wheat tour sees record yield potential

Chicago | Reuters — U.S. corn futures rose on Thursday, with strong export demand highlighting concerns about dwindling crop supplies due to harvest shortfalls in Brazil, traders said. Soybeans and wheat weakened after firming early in the session. Private exporters reported the sale of 1.224 million tonnes of corn to China for delivery in the […] Read more

CBOT July 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange, green lines) and MGEX July 2021 wheat (black line). (Barchart)

U.S. grains: Wheat, soybeans plunge on fund selling

Chicago July corn flat

Chicago | Reuters — U.S. soybean and wheat futures fell more than two per cent on Wednesday, with traders noting selling by investment funds as commodity contracts tumbled through key technical support points. The most-active corn futures ended unchanged, steadying after trading in negative territory for much of the session. Deferred contracts were slightly lower. […] Read more