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  • Photo: Lesichkadesign/Getty Images Plus

    CFIA says regulatory changes will cut agricultural red tape

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    U.S. livestock: Feeder cattle hit record high on tight supply, strong cash prices

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Tag Archives closing markets


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

U.S. livestock: Live cattle set eight-month low on weak cash prices

By GFM Network News May 8, 2019
Chicago | Reuters — U.S. live cattle futures dropped to an eight-month low on Wednesday on weakness in the cash market and as boxed beef prices declined, traders said. Lean hog futures also came under pressure. Weak cash prices for cattle set a bearish tone for futures that will likely linger for the rest of […] Read more

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

U.S. livestock: Hog futures extend setback on trade tensions

By GFM Network News May 7, 2019
Chicago | Reuters — U.S. lean hog futures touched their lowest prices in about two months on Tuesday on concerns over elevated trade tensions between Washington and Beijing. Traders are worried that a resolution to the U.S.-China trade war may be farther off than previously expected, after U.S. President Donald Trump’s surprise statement on Sunday […] Read more


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

U.S. grains: Soy futures stabilize, eyeing China trade talks

By GFM Network News May 7, 2019
Chicago | Reuters — U.S. soybean futures crept higher on Tuesday as traders breathed a sigh of relief over confirmation that a top Chinese negotiator will visit the United States for trade talks this week. Corn and wheat futures also strengthened at the Chicago Board of Trade (CBOT). Traders are monitoring any news on trade […] Read more

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

U.S. grains: Soybeans plunge after Trump tariff threat against China

By GFM Network News May 6, 2019
Chicago | Reuters — Chicago Board of Trade soybean and corn futures plummeted to new contract lows on Monday — with soy plunging to the lowest levels seen in nearly eight months — after U.S. President Donald Trump said he would raise tariffs on Chinese goods this week, clouding prospects for a trade settlement between […] Read more


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

U.S. livestock: CME hog futures limit down on China trade fight, swine fever fears

By GFM Network News May 6, 2019
Chicago | Reuters — U.S. lean hog futures plunged by the daily trading limit on Monday, and cattle was lower, amid worries about the spread of African swine fever and fears that President Donald Trump will follow through with threats to impose additional tariffs on China. The tariff threat, which sparked broad selling on equity […] Read more

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

U.S. livestock: CME live cattle fall again on lower beef, cash prices

By GFM Network News May 3, 2019
Chicago | Reuters –– U.S. live cattle futures fell on Friday, with the actively traded Chicago Mercantile Exchange (CME) June contract down for a 10th straight session on sinking beef and cash cattle prices, and long liquidation by managed commodity funds. Cattle futures have been susceptible to steep drops as commodity funds had recently built […] Read more


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

U.S. grains: Soy down fourth straight week on export worries, big supplies

By GFM Network News May 3, 2019
Chicago | Reuters — U.S. soybean futures eased on Friday for a sixth consecutive session, posting a fourth straight weekly drop as rain-delayed U.S. corn planting may fuel a shift to more soybean acres despite sluggish export demand from top importer China. Corn edged upward for a seventh straight day and notched its first weekly […] Read more

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

U.S. livestock: CME lean hogs mixed, nearbys up on export hopes

By GFM Network News May 2, 2019
Chicago | Reuters — U.S. lean hog futures ended mixed on Thursday, with nearby futures contracts building on strong gains in the previous session on expectations that China would soon sharply accelerate imports of U.S. pork. Deferred contracts were pressed down by active spread trading that featured buying of June futures and selling of October […] Read more


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

U.S. grains: Weak export data drags soybeans to new lows

By GFM Network News May 2, 2019
Chicago | Reuters — U.S. soybean futures posted contract lows for a fourth straight session on Thursday after weak U.S. Department of Agriculture (USDA) export sales data and amid ongoing concerns that rain-delayed corn sowing would increase soy plantings. Corn was mixed as spillover pressure from lower soybeans offset support stemming from concerns about delayed […] Read more

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

U.S. livestock: CME lean hogs limit up on technical buying, export hopes

By GFM Network News May 1, 2019
Chicago | Reuters — U.S. lean hog futures rallied sharply on Wednesday with several contracts closing up the daily trading limit on technical buying and speculation that Chinese demand for U.S. pork is poised to grow. The U.S. Department of Agriculture (USDA) is due to release weekly export sales data early on Thursday and traders […] Read more


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