Chicago Mercantile Exchange (CME) cattle futures rose on Wednesday on technical buying and increasing beef demand ahead of the upcoming U.S. Labor Day holiday, analysts said.
Chicago soybean futures lost more ground on Tuesday, setting another four-year low a day after U.S. Department of Agriculture data reinforced the prospect of a bumper U.S. harvest.
Chicago Mercantile Exchange (CME) cattle futures rose on Tuesday with beef demand increasing ahead of the approaching Labor Day holiday and as corn futures dipped following the U.S. Department of Agriculture's weekly crop progress and condition report.
Chicago | Reuters – Chicago soybeans took a nosedive on Monday to their lowest level since September 2020 as the U.S. Department of Agriculture released data showing a record production forecast for the crop. Meanwhile, corn rose as the government agency saw smaller than expected acreage, and wheat fell on competition from Black Sea crops. The Chicago […] Read more
Chicago | Reuters – Chicago Mercantile Exchange (CME) cattle futures turned lower on Monday as corn futures rallied following the U.S. Department of Agriculture’s supply and demand report that lowered corn ending stocks, traders said. Meanwhile, hog futures were mixed as bargain buying counterbalanced seasonal price pressure. CME most-active October feeder cattle FCU24 closed down 2.05 cents at […] Read more
Chicago Mercantile Exchange (CME) livestock futures turned higher on Friday, as cattle futures rebounded from recent sharp drops in pricing amid a flurry of fund selling.
Chicago corn and soy futures closed near four-year lows on Friday and posted weekly losses, while wheat prices rose on expectations of a poor crop in France as traders positioned for Monday's U.S. supply and demand report.
Chicago Mercantile Exchange (CME) livestock futures turned lower on Thursday, with cattle futures slumping amid a flurry of fund selling and weakening wholesale pricing, traders said.
Chicago Board of Trade (CBOT) corn futures fell on Thursday, and soybean futures set new life-of-contract lows, as U.S. farmers scramble to sell their bins of old-crop grain and oilseeds into a global market awash in supplies, traders said.