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U.S. grains: Wheat jumps as Egypt eyes U.S. supplies, funds cover shorts

Chicago | Reuters – U.S. wheat futures rose nearly 4 percent on Friday and bounced back from multi-month lows a day earlier, buoyed by short-covering and indications that U.S. wheat was becoming more competitive globally, analysts said. Corn futures rose, rebounding from Thursday’s two-week low, and soybeans rallied from a one-month low. Chicago Board of […] Read more


Photo: Canada Beef Inc.

U.S. livestock: Live cattle slip from 3-week high in technical setback

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures dropped on Thursday in a technical-selling and profit-taking setback after scaling to three-week highs the previous day. Strengthening cash beef prices and government data showing smaller-than-expected cattle supplies at feedlots had supported the market earlier this week. “Coming out of the cattle on feed report, […] Read more



(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Lean hogs end limit-up on African swine fever jitters

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures surged on Wednesday as concerns about the spread of African swine fever, particularly in China, fueled buying that took some contracts up by as much as their daily trading limits. Additional support in actively traded December futures stemmed from the contract’s discount to cash hog […] Read more

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U.S. grains: Wheat drops below $5/bu on export fears, strong dollar

Wheat hit by upward revisions to Russian supply

Chicago |Reuters – U.S. wheat futures fell nearly 2 percent on Wednesday and dropped below $5 a bushel for the first time in nearly six weeks as analysts cited technical selling mixed with worries about U.S. export prospects. Soybeans and corn followed the weak trend, as active harvest progress in the Midwest fed the bearish […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle futures slip from two-week high; hog futures firm

Chicago | Reuters – Chicago Mercantile Exchange cattle futures eased on Tuesday, retreating from a two-week high hit on Monday on a round of profit taking, traders said. Hog futures were higher, supported by a U.S. government report released after the close on Monday that showed supplies were tighter than expected. The most active December […] Read more



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U.S. livestock: Cattle, hog futures rebound on supply reports

Chicago | Reuters – Chicago Mercantile Exchange cattle and hog futures rose on Monday, bouncing back from Friday’s decline as traders digested government reports that showed supplies, while remaining abundant, were less than expected. Concerns about the spread of African swine fever in China added support. The U.S. Agriculture Department on Monday reported that beef in cold […] Read more