(Thinkstock photo)

U.S. grains: Wheat rallies on dimming world crop prospects

Dry U.S. Midwest conditions support corn, soybeans

Chicago | Reuters – U.S. wheat futures rallied almost 3 percent on Monday on concerns that deteriorating crops in several key producing countries will tighten global stocks of the grain. Corn scaled to a 1-1/2-month high on spillover support from wheat and as dry conditions in parts of the U.S. corn belt trimmed harvest prospects, while […] Read more

(VBacarin/iStock/Getty Images)

U.S. grains: Soy rises on export prospects

Chicago | Reuters — U.S. soybean futures rose on Friday, notching their second straight weekly gain, bolstered by signs of strong export demand, traders said. Wheat futures were mixed, with winter wheat contracts easing while spring wheat contracts firmed amid concerns about crop shortfalls. Corn closed slightly firm after trading both sides of unchanged during […] Read more





(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy, corn futures close firm

Chicago | Reuters — U.S. soybean futures closed slightly firm on Thursday, supported by hopes that stepped-up exports to Europe would make up for business lost in a trade fight with China, traders said. Corn futures also settled in positive territory while wheat was mostly lower, weighed down by technical selling. Soybeans, corn and wheat […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cash price uncertainty weakens CME live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle lost ground on Tuesday after investors exercised caution in advance of this week’s prices for market-ready, or cash, cattle, said traders. There may have been some disappointment after initial bids for cash cattle came in below last week’s sales, a trader said. On Tuesday packers had […] Read more




(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME cattle, hogs mixed in technical moves

Chicago | Reuters — U.S. live cattle and hog futures were mixed on Monday, with front-month contracts easing slightly while deferreds firmed in technical moves. Traders were unwinding bull spreads as they awaited the U.S. Agriculture Department’s cold storage report, which was released after markets closed. Monday afternoon’s USDA cold storage report showed month-over-month declines […] Read more