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

U.S. livestock: February hogs fall on high supply, export demand concerns

Cattle futures up but seasonal pressures await

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange eased for a fifth consecutive session on Tuesday, pressured by a combination added seasonal supply and deflated demand as China faces protests over COVID-19 lockdowns. “This three-week period, we’re pushing a large supply of hogs through the system,” said Rich Nelson, chief strategist […] Read more

CBOT March 2023 soft red winter wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat inches higher on hopes China will ease COVID-19 measures

Corn slips on export demand concerns

Winnipeg | Reuters — Chicago wheat finished slightly higher on Tuesday after the previous day’s three-month low, as investors saw hope that China would ease measures to counter COVID-19 infections after rare protests in the country unsettled markets a day earlier. Soybeans also gained on optimism about China, but corn dipped over concerns about export […] Read more


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

U.S. livestock: CME lean hog futures tumble on China demand worries

Cattle futures lower despite bullish fundamentals

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange fell more than four per cent on Monday, pressured by worries about Chinese demand for U.S. pork and expectations of a seasonal slide in wholesale ham prices, traders said. The CME February lean hogs contract settled down 3.75 cents at 84.75 cents/lb. after […] Read more

CBOT March 2023 soft red winter wheat (candlesticks) with 20-day moving average (green line), MGEX March 2023 hard red spring wheat (yellow line) and K.C. March 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat tumbles to three-month low in broad sell-off

Soybeans rise on export sales, renewable fuel talk

Winnipeg | Reuters — Chicago wheat fell on Monday to a three-month low, as commodity and equity markets dropped on concern about the impact of rare protests in China against its strict anti-COVID-19 policy. Cheap supplies from Russia and elsewhere in the Black Sea are adding competition for U.S. wheat, and prices have slipped to […] Read more


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

U.S. grains: Corn futures turn higher

CBOT wheat hits months-low on competition from Russian wheat

Chicago | Reuters — Chicago Board of Trade corn futures ended higher on Friday as the market continues to closely watch the weather in South America, on what turned into a relatively choppy and short trading day, analysts said. Meanwhile, wheat futures fell sharply — with the December contract hitting its lowest since Aug. 22 […] Read more

CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME futures slip after short, choppy trading day

Beef, pork packer margins in red Friday

Chicago | Reuters — Cattle futures fell on a short, choppy day of trading on Friday, as technical trading had some contracts up earlier in the session even as corn prices firmed, traders said. CME lean hog futures also eased back. The Chicago-traded livestock markets closed early on Friday, and were closed on Thursday for […] Read more


CME February 2022 live cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME live cattle, lean hogs ease

Beef supply drawdown 'quite substantial' in October

Chicago | Reuters — Live cattle futures at the Chicago Mercantile Exchange fell on Wednesday during thin pre-Thanksgiving trade, though analysts said market fundamentals remains supportive. The Chicago Board of Trade (CBOT) will be closed on Thursday for the U.S. Thanksgiving holiday. Reductions in beef cold storage supplies last month should be supportive after the […] Read more

ICE January 2023 canola with Bollinger bands (20,2). (Barchart)

ICE weekly outlook: Canola’s sideways market nears low end of range

January down last six sessions

MarketsFarm — ICE Futures canola contracts slid lower during the week ended Wednesday but remain stuck in a sideways trading range overall. The January contract has held within a range from $800 to $900 per tonne for the past five months, with the market still well within that range despite losing over $50 per tonne […] Read more


A Panama-flagged bulk carrier, Ikaria Angel, leaves Ukraine’s port of Chornomorsk with wheat for Ethiopia on Sept. 17, 2022. (File photo: Reuters/Serhii Smolientsev)

CBOT weekly outlook: Renewed agreement puts pressure on corn, wheat

Soy trade focused on Brazil's crop potential

MarketsFarm — A renewed agreement between Russia and Ukraine to allow the latter’s grain to be shipped out of the Black Sea has recently been putting pressure on corn and wheat prices at the Chicago Board of Trade (CBOT). Russia and Ukraine, with mediation from the United Nations and Turkey, agreed Nov. 17 to an […] Read more

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

U.S. grains: Soybeans, grains turn higher ahead of U.S. Thanksgiving

Wheat rises as investors position ahead of holiday

Chicago | Reuters — Chicago soybean and grain futures ended higher on Wednesday, as traders looked to even up their positions before the market closes for the U.S. Thanksgiving holiday and ahead of a short trading day on Friday, analysts said. Corn futures strengthened, as the market eyed dry weather forecasts that may cause more […] Read more