U.S. livestock: Hog futures set two-week peak on pork price hopes

U.S. livestock: Hog futures set two-week peak on pork price hopes

Chicago | Reuters — U.S. lean hog futures jumped to two-week highs on Tuesday amid hopes for increased pork prices, which have been under pressure from large supplies and weakened demand from China. Wholesale pork prices, known as the cutout, rose by $1.01 on Monday to $62.93/cwt for carcasses, according to U.S. Department of Agriculture […] Read more




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

U.S. grains: Soybeans firm on trade deal hopes

Chicago | Reuters — Chicago soybean futures climbed on Monday amid news reports that Beijing and Washington are close to settling a lingering trade dispute, a breakthrough that could boost China’s demand for U.S. soy and other agricultural products. Corn also rose, pulling away from a three-month low struck in the previous session. Wheat prices […] Read more



CBOT May 2019 wheat with Bollinger (20,2) bands. (Barchart)

U.S. grains: Wheat posts steepest weekly decline in half a year

Chicago | Reuters — U.S. wheat prices fell on Friday and posted their steepest weekly decline since late August as technical selling and competitive global supplies pressured prices. Soybean and corn prices rose, rebounding from earlier losses, but gains were capped on concerns surrounding strong export competition. The most-active wheat contract on the Chicago Board […] Read more


U.S. livestock: Cattle end mixed, June sets new high

U.S. livestock: Cattle end mixed, June sets new high

Chicago | Reuters –– U.S. live cattle futures finished mixed after touching a new contract high on Thursday, as concerns about cold weather tightening supplies underpinned prices. Forecasts for more cold, snowy weather in the middle of the country kept traders on edge after recent storms slowed transportation and weight gain in herds. Cattle typically […] Read more

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

U.S. grains: Soybeans fall as trade concerns weigh

Chicago | Reuters — U.S. soybean prices fell on Thursday despite stronger-than-expected export sales as investors worried that an eagerly awaited trade deal between Washington and Beijing remained elusive. Wheat and corn also fell as heavy deliveries against the March contracts weighed on the market. There were 820 deliveries against CBOT March soybeans, 400 deliveries […] Read more