CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle backslide amid cautious slaughter improvements

Lean hogs down on supply backlog

Chicago | Reuters — U.S. live cattle futures closed lower on Monday, pulling back after a rally last week on signs that meatpackers may be working through backlogs of market-ready cattle, traders said. Although slaughter rates have returned to pre-coronavirus levels, cattle remain heavier after backing up in feedlots when processing plants closed this spring […] Read more



CBOT December 2020 corn with 20- and 50-day moving averages. (Barchart)

U.S. grains: Corn, soy futures extend gains on China demand

CBOT September wheat eases

Chicago | Reuters — U.S. soybean and corn futures rose on Friday, with soybeans hitting a one-week top as a pick-up in export demand for both crops, primarily from China, sparked speculative buying and short-covering, analysts said. Soybeans got an additional boost from surging palm and soyoil futures. But forecasts for beneficial rains in the […] Read more

CME August 2020 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Live cattle end steady to firmer

Lean hogs dip after weekly advances

Chicago | Reuters — U.S. live cattle futures closed steady to firm on Friday, stabilizing after a two-session rally attributed to speculative buying and signs that meat packers may have worked through much of a backlog of market-ready cattle, traders said. Chicago Mercantile Exchange (CME) August live cattle futures settled unchanged at 103.275 cents/lb. and […] Read more


CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures hit four-month top

Lean hogs up on export news

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) rose on Thursday to four-month highs as steady to firmer cash cattle prices signaled that meat packers may have largely worked through a backlog of market-ready cattle that built up this spring, traders said. CME August live cattle futures settled up 1.975 […] Read more

CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy, corn up with export demand

September wheat slips off recent high

Chicago | Reuters — U.S. soybean futures rose on Thursday for a third straight session as top global soy buyer China booked more U.S. supplies of the oilseed, traders said. Corn also firmed while wheat futures fell on profit-taking following a three-week rally. Chicago Board of Trade November soybean futures settled up 8-1/4 cents at […] Read more


CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle up with cash values, technical buying

CME lean hog contracts mixed

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) closed higher on Wednesday, led by the nearby August contract on signs of firmer cash cattle prices and technical buying, traders said. Market-ready cattle traded in the cash market at $95-$97/cwt in the southern Plains, the U.S. Department of Agriculture reported, after […] Read more




CBOT September 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: CBOT wheat highest since April

Spec buying, export talk lift September wheat; other crops follow

Chicago | Reuters — U.S. wheat futures rose more than four per cent on Wednesday and touched a 2-1/2-month high as rising global cash prices and rumours of Chinese purchases triggered a round of speculative buying and short-covering, traders and analysts said. Soybean and corn futures also rose despite outlooks for generally favourable weather and […] Read more