U.S. livestock: Hogs extend win streak on short-covering, firm cash

U.S. livestock: Hogs extend win streak on short-covering, firm cash

Chicago | Reuters — U.S. lean hog futures rallied to two-month high on Tuesday, their third straight day of gains, as investors scrambled to cover shorts amid concerns about supplies and signs of cash market strength, traders said. Live cattle futures were weaker, with abundant supplies continuing to weigh on the market. Concerns about African […] Read more







CBOT May 2019 corn, with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn hits contract lows

Chicago | Reuters — U.S. corn futures fell to contract lows on Friday after the U.S. Department of Agriculture raised its forecast of U.S. corn ending stocks above a range of trade expectations, reflecting a drop in the government’s corn export forecast. U.S. soybean futures also declined and wheat recorded a fifth straight weekly decline, […] Read more



CBOT May 2019 soybeans with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

U.S. grains: Soybeans inch up on China purchases

Chicago | Reuters — U.S. soybean futures inched upward on Thursday on news that Chinese state-owned firms bought at least 500,000 tonnes of U.S. soybeans, while wheat futures dropped to their lowest levels in more than a year on pressure from a strengthening dollar, traders said. Chinese state-owned firms bought the U.S. soybeans for shipment […] Read more



U.S. livestock: Hogs dip from two-week high, await trade news

U.S. livestock: Hogs dip from two-week high, await trade news

Chicago | Reuters — U.S. lean hog futures retreated on Wednesday after four straight sessions of gains in a technical and profit-taking setback from two-week highs as investors awaited new developments in U.S.-China trade negotiations. Cattle futures also fell broadly, although worries about a late-winter snowstorm forecast for the beef cattle-producing U.S. Plains underpinned the […] Read more