U.S. livestock: Hogs mostly lower

U.S. livestock: Hogs mostly lower

Chicago | Reuters — Chicago Mercantile Exchange hog futures closed mostly lower on Monday, with the market still technically weak despite four straight days of declines last week. The most-active April hog contract managed to close slightly higher on a mild bargain-buying bounce after hitting its lowest since mid-August. But most hog contracts were weaker. […] Read more

CBOT March 2019 corn with 50-day moving average. (Barchart)

U.S. grains: Corn, soy, wheat end lower

Chicago | Reuters — U.S. corn and soybean futures ticked lower on Monday, pressured by broad declines in commodity and equity markets as well as improving forecasts for South American crop weather, traders said. Wheat followed the weaker trend. Chicago Board of Trade (CBOT) March corn futures settled down 1/2 cent at $3.79-3/4 per bushel […] Read more



CBOT March 2019 soybeans with 20-day moving average. (Barchart)

U.S. grains: Soybeans hit two-week high

Chicago | Reuters — U.S. soybean futures climbed to a two-week high on Friday on worries about the size of Brazil’s crop and short-covering ahead of planned U.S.-China trade talks next week, traders said. Corn firmed, following strength in soybeans, while wheat drifted lower, pressured by news that a private forecaster had raised its estimate […] Read more


U.S. livestock: CME hogs weaken on technical selling, demand uncertainty

U.S. livestock: CME hogs weaken on technical selling, demand uncertainty

Chicago | Reuters — Chicago Mercantile Exchange hog futures eased on Thursday on a round of technical follow-through selling after declining on Wednesday, traders said. Weakness in the cash market, as well as uncertainty about demand from China, also weighed on the hog market. CME February lean hogs closed Thursday at 59.825 cents/lb., down from […] Read more

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

U.S. grains: Wheat retreats from five-week high

Chicago | Reuters — U.S. wheat and corn futures closed lower on profit-taking and a lack of market-moving news on Thursday while soybeans firmed, buoyed by concerns about the size of Brazil’s crop. Chicago Board of Trade (CBOT) March wheat settled down 4-1/2 cents at $5.21-1/2 per bushel (all figures US$). CBOT March corn ended […] Read more


U.S. livestock: CME cattle futures rise on bargain buying

U.S. livestock: CME cattle futures rise on bargain buying

Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Wednesday, led higher by a bargain buying bounce in the feeder cattle contracts. The feeder cattle market, which jumped 1.4 per cent on Wednesday, was sharply oversold after the front-month contract hit its lowest since May 24 on Tuesday, traders said. “The feeder market […] Read more