(File photo by Greg Berg)

U.S. grains: Soybeans drop as livestock markets drag soymeal lower

Wheat eases on global supply; corn unfazed by crude oil deal

Chicago | Reuters — Chicago soybean futures fell more than one per cent on Monday in the market’s steepest drop in 1-1/2 weeks, as livestock processing plant closures that impact feed supply weighed on soymeal prices. Corn also sagged despite optimistic news that OPEC might curb oil production, after a deal was signed over the […] Read more

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U.S. livestock: June hogs, cattle plunge limit down

COVID-19 shuts more U.S. meat processors

Chicago | Reuters — U.S. livestock futures tumbled on Monday on worries about declining U.S. meat processing capacity after Smithfield Foods announced Sunday it would indefinitely shut one of its pork plants due to novel coronavirus infections among workers. The closure at Sioux Falls, S.D., affecting four to five per cent of U.S. pork production, […] Read more


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

U.S. grains: Soybeans, wheat climb on currency

Corn rises and falls with oil

Chicago | Reuters — Chicago soybean and wheat futures on Thursday posted their biggest gains in two weeks, as a falling U.S. dollar made exports more attractive against South American and Black Sea grain producers. Corn futures climbed early on strong U.S. export sales and an early jump in crude oil prices, but settled only […] Read more

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

U.S. livestock: Futures slide as COVID-19 worries roil market

Concerns over meat processing pace drag on cattle, hogs

Chicago | Reuters — U.S. livestock futures slumped again on Thursday, volatility roiling the market as it faced resistance over surging stocks and growing concerns that meat packers will close plants in the COVID-19 coronavirus pandemic. Lean hog future prices slipped for a second session on concerns about the domestic glut of hog supplies and […] Read more


ICE May 2020 canola with Bollinger (20,2) bands. (Barchart)

ICE weekly outlook: Canola market floating headline to headline

MarketsFarm — The ICE Futures canola market moved lower during the week ended Wednesday, but activity was choppy as futures reacted to broad swings in global financial markets. While the looming growing season should be starting to garner some attention, the COVID-19 pandemic “has grabbed all of the headlines and all of the oxygen out […] Read more

CBOT May 2020 corn with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn slumps as ethanol production hits decade low

Improved U.S. wheat crop ratings raise expectations of bumper supplies

Chicago | Reuters — Chicago corn futures slumped on Wednesday, giving up part of the previous session’s gains, as the U.S. government reported the U.S. ethanol industry saw a near-decade low in weekly production amid massive stocks. Wheat futures followed in mid-day trading, as investors squared up their positions ahead of Thursday’s world agriculture supply […] Read more


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

U.S. livestock: Bargain-buying investors rally cattle futures, again

CME June lean hogs down on day

Chicago | Reuters — U.S. cattle futures surged for a second straight session on Wednesday, as investors kept snapping up deep discounts in futures prices, traders said. Lean hog future prices slipped, as concern continued to mount over a glut of domestic pork supplies and uncertainty on how quickly the U.S. sow herd is shrinking. […] Read more



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

U.S. livestock: Futures surge as investors snap up discounts

June live cattle limit up off Monday's limit-down drop

Chicago | Reuters — U.S. livestock futures surged on Tuesday — with live cattle futures up to their 4.5-cent expanded limit — as steep discounts in futures prices over the current cash markets wooed investors to buy back in, traders said. Feeder cattle also jumped to their normal trading day limits, as the sector overall […] Read more

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

U.S. livestock: Live cattle futures drop as pandemic roils markets

Technical buying lifts hogs, feeder cattle

Chicago | Reuters — U.S. live cattle futures plunged to their daily trading limit on Monday — with prices for the front-month contract hitting the lowest seen since December 2009 — as beef inventories remain robust with much of the U.S. restaurant industry shuttered due to the pandemic. April live cattle were down the 4.5-cent […] Read more