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Tag Archives closing markets


(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Cattle futures lower on dip in consumer demand

By Heather Schlitz, Reuters July 9, 2024
CME live and feeder cattle futures turned lower on Tuesday as cutout values fell and consumer demand waned following the end of major steak-eating holidays, traders said.

(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Wheat, corn recover after slide; soy hits 2020 low

By Heather Schlitz, Reuters July 9, 2024
Chicago wheat and corn futures ticked higher on Tuesday after sharp declines on Monday, while most-active soybean futures closed at their lowest point in nearly four years, as expectations of ample supplies from northern hemisphere harvests hung over the market.


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Soybean, grain futures drop on expectation of positive crop report

By P.J. Huffstutter, Reuters July 8, 2024
Chicago Board of Trade soybeans and corn futures on Monday dropped to around the lowest prices in four years, as traders expected a positive picture of U.S. crop progress from the U.S. Department of Agriculture (USDA) in a report due later in the day.

(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Cattle futures lower, hogs mostly down on demand questions

By P.J. Huffstutter, Reuters July 8, 2024
Chicago Mercantile Exchange cattle futures turned lower on Monday, shedding a post-holiday rally on demand concerns and news that beef-loving Argentines are cutting back on buying steaks as the country's economy slumps.


U.S. grains: US wheat futures up on strengthening demand
Markets, Reuters

U.S. grains: US wheat futures up on strengthening demand

By Heather Schlitz July 5, 2024
Chicago Board of Trade wheat futures spiked on Friday amid an uptick in demand for U.S. wheat due to a weaker dollar and the availability of desirable new-crop wheat, traders said.

(Geralyn Wichers photo)
Markets, Reuters

U.S. livestock: Live cattle futures continue rally on steady demand

By Heather Schlitz, Reuters July 5, 2024
Chicago Mercantile Exchange live cattle futures closed higher on Friday as consumer demand for beef remains high and as U.S. cattle herds continue to undergo a period of contraction, traders said.


(Geralyn Wichers photo)
Markets, Reuters

U.S. livestock: Cattle futures end higher in light pre-holiday trade

By Julie Ingwersen, Reuters July 3, 2024
Chicago Mercantile Exchange live cattle futures closed higher for a second session on Wednesday, supported by strong wholesale beef prices and light technical trading ahead of the U.S. July Fourth holiday, traders said.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Soybean futures recover from four-year low

By Reuters, Tom Polansek July 3, 2024
Chicago Board of Trade soybean futures rose on short covering on Wednesday after nearing a four-year low this week on concerns about large supplies and lackluster U.S. export demand, analysts said.


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Corn, soy futures rise on technical trading, weather questions

By P.J. Huffstutter, Reuters July 2, 2024
Chicago corn futures extended gains on Tuesday on short-covering and U.S. crop condition questions, while soybean prices also turned higher on technical trading and unfavorable weather in some soybean growing areas of the central U.S., traders said.

(Geralyn Wichers photo)
Markets, Reuters

U.S. livestock: Cattle futures lower, hogs higher, on month-end positioning

Flooding in Midwest provides some support for hogs as roads, rail lines washed out around processors

By P.J. Huffstutter, Reuters June 28, 2024
Chicago Mercantile Exchange cattle futures turned lower on Friday on technical trading, month-end positioning and ongoing concerns that high retail beef prices could chill consumer demand later this summer, traders said.


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