CME August 2023 feeder cattle with 10-, 20- and 50-day moving averages. (Barchart)

U.S. livestock: Cattle futures rise on falling corn prices

Chicago lean hogs also firm

Chicago | Reuters — CME Group cattle futures contracts rallied on Friday as a government forecast for a record-large U.S. corn harvest raised expectations that feeding costs will weaken as the supply base rises. Hog futures ended firm on signs of improving values in the cash market, traders said. Most actively traded June lean hog […] Read more

CME June 2023 lean hogs with Bollinger bands (20,2). (Barchart)

U.S. livestock: Hog futures fall on weak export data

CME cattle futures mixed

Chicago | Reuters — CME Group hog futures fell on Thursday on poor export demand for pork, traders said. Cattle futures were mixed, with live cattle easing on weakening trades in the cash market. Feeder cattle contracts were supported by falling corn prices. The U.S. Agriculture Department said on Thursday morning that beef export sales […] Read more



A vessel is seen arriving at Odesa in southern Ukraine under the Black Sea Grain Initiative on April 12, 2023. (Photo: Yulii Zozulia/Nurphoto via Reuters Connect)

Black Sea grain deal could be extended two months, Turkish minister says

Inspections of outbound vessels have resumed

Istanbul | Reuters — Turkish Foreign Minister Mevlut Cavusoglu said Wednesday he thought the Ukraine Black Sea grain deal could be extended for at least two more months, as officials from the parties involved held the first day of talks on an extension in Istanbul. Russia has said it would not extend the pact beyond […] Read more



CME June 2023 lean hogs with Bollinger bands (20,2). (Barchart)

U.S. livestock: Hog, cattle futures fall on poor fundamental outlook

Corn prices expected to remain weak

Chicago | Reuters — Chicago Mercantile Exchange hog futures fell on Wednesday, as poor demand for pork smothered any bargain-buying attempts to pull prices away from contract lows hit earlier this week. Cattle contracts also were lower, but the declines were kept in check by expectations that corn prices will remain weak and keep feeding […] Read more


CBOT July 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: CBOT corn, soy, wheat fall on bearish weather

U.S. soy planting seen at near-record pace

Chicago | Reuters — Chicago Board of Trade corn and soybean futures dropped on Tuesday, under pressure from a fast pace of planting across key production areas of the U.S. Midwest and an outlook for good growing weather once seeding is finished, traders said. Soft red winter wheat futures also weakened, with the benchmark CBOT […] Read more

CBOT June 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Hog futures rebound on technical bounce

Chicago cattle futures firm

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures recovered from contract lows on a round of technical buying on Tuesday, traders said. Traders also noted the recent declines may spark interest in the export market. “U.S. pork has become some of the cheapest in the world and it would appear we’re indeed starting […] Read more


CBOT July 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Chicago soy dips, corn flat as planting progresses

No agreement yet to extend Ukrainian export shipping

Mexico City | Reuters — Chicago soybeans ended down and corn was flat on Monday, as U.S. planting progressed ahead of last year and uncertainty over whether Ukraine’s safe shipping agreement for grain exports will be extended with the deal set to expire on May 18. Corn, one of the crops exported out of Ukraine, […] Read more

CME June 2023 lean hogs with Bollinger bands (20,2). (Barchart)

U.S. livestock: Hog futures extend losing streak

Feeder cattle turn higher on bargain buying

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for the fourth straight session on Monday, with the most-active June contract hitting a new low, with traders focused on cash market weakness and light demand for pork. In CME cattle futures, feeder cattle contracts rebounded from six straight losing sessions on some bargain […] Read more