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

U.S. livestock: Cattle futures end mostly lower

Hogs also ease as rally pauses

Chicago | Reuters — Benchmark June live cattle futures on the Chicago Mercantile Exchange closed lower on Wednesday for the first time in five sessions as the market paused after a sharp rally driven by soaring retail beef prices. Wholesale beef prices jumped and packer profit margins skyrocketed this week as the COVID-19 coronavirus pandemic […] Read more


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

U.S. livestock: Cattle limit up on beef demand, strong packer margins

Cash hog prices up, pork cutout down

Chicago | Reuters — U.S. live cattle futures settled up their expanded daily limit on Tuesday as traders continued to react to soaring profit margins for beef packers that should lift prices in the cash cattle market this week. Retail demand for meat has surged as fears of the COVID-19 coronavirus prompt consumers to stock […] Read more

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

U.S. grains: Corn rebounds after multi-year lows

Soybeans firm, wheat sags

Chicago | Reuters — U.S. corn futures rose on Tuesday, clawing back from last week’s multi-year lows as traders covered short positions and farmer sales stalled, analysts said. Wheat futures declined, pressured by profit-taking after recent rallies, while soybeans closed modestly higher. Chicago Board of Trade May corn settled up 3-3/4 cents at $3.47-1/4 per […] Read more



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

U.S. livestock: Cattle futures limit up as beef prices surge

Hog futures also limit up, following cattle higher

Chicago | Reuters — U.S. live cattle futures rose their daily limit on Monday, lifted by strong packer margins, rising wholesale beef prices and expectations of higher cash cattle prices this week after Tyson Foods said it would pay producers a one-time premium, traders said. Benchmark June live cattle futures on the Chicago Mercantile Exchange […] Read more


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

U.S. grains: Wheat jumps to one-month top

Soy climbs, corn little changed

Chicago | Reuters — U.S. wheat futures surged nearly four per cent on Monday and hit a one-month high, buoyed by strong buying by domestic flour millers as consumers stockpile bread, and signs of a pick-up in global export business, traders said. Soybeans rose on expectations of rising demand for soymeal, a feed ingredient. Corn […] Read more



(Dave Bedard photo)

Fund traders cover canola shorts, liquidate corn longs

MarketsFarm — Fund traders were covering short positions in canola and liquidating longs in corn during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 58,455 contracts (2,163 long/60,618 […] Read more

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

U.S. grains: Wheat, soy rise after export deals

Corn sags on ethanol woes

Chicago | Reuters — Chicago Board of Trade soybean and wheat futures rose on Friday, supported by a pick-up in Chinese demand for U.S. commodities, traders said. But corn closed lower, giving up early gains with traders shrugging off a massive sale to China to focus on expectations for a weakened ethanol market as crude […] Read more