Benchmark Chicago wheat futures tumbled to their lowest point in more than three years on Wednesday as low prices in an Algerian import tender this week highlighted stiff global export competition from Black Sea grain supplies, traders said.
Tag Archives exports
U.S. grains: Wheat hits 3-1/2-year low on export competition
Corn drifted upward, soybeans declined
CBOT weekly outlook: Little to come from March S/D report
Exports the most likely category to see changes, analyst says
There will likely not be a lot of notable changes in the March supply and demand report from the United States Department of Agriculture.
U.S. grains: Grains and soy falter on large South American supplies
Most analysts expect USDA to lower its Brazil harvest estimate
Chicago Board of Trade soybean futures slipped on Tuesday, surrendering gains from the previous session as large South American supplies weighed on the market.
U.S. livestock: Hogs end down after setting contract highs
CME cattle futures advance
Chicago Mercantile Exchange lean hog futures ended lower on profit-taking on Tuesday after the market set contract highs in deferred months, analysts said.
U.S. livestock: Lean hogs retreat in nearby contract after rally
Cattle futures declined in a retreat from rallies on Friday
Chicago Mercantile Exchange lean hog futures on Monday ended lower in the front-month contract in a setback from strong recent gains, traders said.
U.S. grains: Soybeans and corn rise on bargain-buying after sharp falls
Brazil soy harvest running ahead of schedule compared to last year
U.S. soybean and corn futures rose on Monday on bargain buying and short-covering after hitting three-year lows recently, but plentiful supply from South America limited gains, analysts said.
U.S. livestock: Livestock futures rally on technical trading, wholesale pricing
Pork cutout prices firmed, particularly for bellies
Chicago Mercantile Exchange cattle futures rebounded on Friday, capping a volatile week of trading with a flurry of technical moves amid signs that consumer demand for beef remains strong.
U.S. grains: Soybeans off 3-year low, but gain limited by global supplies
Slowing Chinese demand also weighs on prices
Chicago Board of Trade (CBOT) soybean futures turned higher on Friday on signs of bargain buying and short-covering, after hitting three-year lows the previous day, although sluggish exports and hefty global supplies continue to weigh on prices, traders said.
U.S. livestock: Cattle futures continue to slide on profit-taking
Traders weigh potential impacts of Texas Panhandle wildfire's effects on cattle supply
Chicago Mercantile Exchange feeder cattle futures fell again on Thursday, amid ongoing profit-taking as some market participants sought cover as cash prices continue to stay firm, traders said.
U.S. grains: Soybeans dip to new 3-year low in volatile trading day
Weekly soybean exports on lower end of expectations -USDA
Chicago Board of Trade soybean futures dipped on Thursday to a new three-year low, pressured by improving South American weather, tepid U.S. export sales and heavier-than-expected contract deliveries, traders said.
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