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Tag Archives closing markets


CBOT December 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn ends firm, farmer selling pares gains

By GFM Network News May 15, 2019
Chicago | Reuters — U.S. corn futures hit a six-week high on Wednesday on forecasts for rains in the Midwest crop belt that could signal further planting delays, but the market pared gains as the run-up in prices triggered a round of farmer selling, traders said. Wheat futures also ended nearly flat while soybeans closed […] Read more

CBOT July 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soy rally as slow planting pace ignites short-covering

By GFM Network News May 14, 2019
Chicago | Reuters — U.S. corn futures climbed more than three per cent on Tuesday and soybeans bounced back from a decade low as planting delays in the Midwest crop belt sparked a round of short-covering, analysts said. Additional support stemmed from optimistic comments from Washington and Beijing that tempered concerns about a further escalation […] Read more


CME June 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hog futures bounce, cattle end lower

By GFM Network News May 14, 2019
Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange (CME) closed higher on Tuesday in a technical rebound after Monday’s limit-down close, with firm cash hog values lending support, traders said. Technical traders were encouraged that the benchmark June hog contract was able to hold above Monday’s low, a supportive chart […] Read more

CBOT July 2019 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans hit 10-year low on trade tensions

By GFM Network News May 13, 2019
Chicago | Reuters — U.S. soybean futures fell to their lowest in a decade on Monday as escalating U.S.-Chinese trade tensions dampened hopes for a revival in soybean exports, analysts said. At the same time, planting delays in the U.S. Midwest could prompt farmers to shift some acres intended for corn to soybeans, potentially adding […] Read more


CME June 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs limit down on trade war woes

By GFM Network News May 13, 2019
Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange (CME) fell the daily three-cent-per-pound limit on Monday as fears of a prolonged trade war between the U.S. and China triggered long liquidation, analysts said. China said it would impose higher tariffs on a range of U.S. goods, following Washington’s decision last […] Read more

CBOT July 2019 wheat with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy sinks to decade low as China trade war escalates

By GFM Network News May 10, 2019
Chicago | Reuters — U.S. soybean futures sank to their lowest prices in more than a decade on Friday as U.S. President Donald Trump said he was in no hurry to sign a deal to end the trade war with Beijing, a dispute that has slashed U.S. exports of the oilseed to China. Wheat futures […] Read more


CME December 2019 lean hogs with Bollinger (20,2) bands, a gauge of market volatility.
Livestock, Markets, Reuters

U.S. livestock: Escalating trade war pressures CME hog futures

By GFM Network News May 10, 2019
Chicago | Reuters — Concerns about a prolonged trade war between the United States and China pressured U.S. lean hog futures on Friday, while cattle futures advanced. U.S. and Chinese negotiators ended two days of talks to try to salvage a trade deal in Washington on Friday after the U.S. imposed a new set of […] Read more

U.S. grains: Soy futures break 10-year low on China trade tensions
Crops, Markets, Reuters

U.S. grains: Soy futures break 10-year low on China trade tensions

By Tom Polansek, GFM Network News May 9, 2019
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


CME June 2019 hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures recover on hopes for China trade deal

By GFM Network News May 9, 2019
Chicago | Reuters — U.S. hog futures shook off early losses to end mostly higher on Thursday as fears about rising acrimony between Washington and Beijing gave way to hopes that negotiators may be able to hammer out a deal to end the U.S.-China trade war. U.S. President Donald Trump said it was possible the […] Read more

CBOT July 2019 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Prices slip as weather outlook favours corn planting

By GFM Network News May 8, 2019
Chicago | Reuters — U.S. grain and soybean futures slumped on Wednesday as forecasts for drier weather in the U.S. Midwest next week fueled hopes that farmers will be able to make progress planting corn after delays. Large inventories of the crops added pressure on the markets, which also remained nervous about trade tensions between […] Read more


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