Technical selling, fund liquidation and demand concerns drove Chicago Mercantile Exchange cattle futures to multi-month lows on Friday, analysts said.
Tag Archives futures
U.S. livestock: Cattle futures sink to multi-month lows
U.S. grains: Soybean futures rally, defying bearish USDA report
Chicago Board of Trade grain and soybean futures rallied on Friday on money flow from managed funds, rising demand and weather concerns, analysts said.
U.S. livestock: Cattle futures turn higher, hog futures rebound
Chicago Mercantile Exchange (CME) cattle futures firmed on Thursday, bolstered by technical trading and anticipated consumer demand going into the grilling season, analysts said.
U.S. grains: Corn futures drop despite lower US supply numbers
Chicago corn futures dipped on Thursday after the U.S. Department of Agriculture projected domestic ending stocks will remain at a five-year high, despite a reduction from last month.
U.S. grains: Soy drops, corn ticks up ahead of Brazil and US crop reports
Chicago Board of Trade soy fell on Wednesday after hitting a one-month low as traders awaited a U.S. Department of Agriculture supply and demand report and Brazil's Conab crop forecast.
Attention in CBOT soybeans/corn turning to spring weather
North American weather conditions should become a major influence on the activity in the grain and oilseed markets in the upcoming weeks as farmers turn their attention to spring seeding.
U.S. grains: Grain, soy futures keep dipping on weather, govt reports
Chicago Board of Trade (CBOT) wheat, soy and corn futures fell for a second straight day on Tuesday, weighed down by sustained competition abroad and improving U.S. planting weather on the horizon, analysts said.
U.S. livestock: CME livestock futures turn higher amid rising wholesale prices
Chicago Mercantile Exchange (CME) cattle futures turned higher on Tuesday, as continued strength in wholesale prices eased concerns about consumer demand - even as investors grew nervous about ongoing inflationary concerns and rising consumer prices, traders said.
Klassen: Buyers step back on feeder cattle due to bird flu
Compared to last week, Western Canadian feeder cattle markets traded $4-$8/cwt lower while some packages of heavier replacements dropped as much as $12/cwt, and three main factors led to weaker prices.
U.S. grains: CBOT wheat ends lower; US crop rating seen as anchor
Chicago Board of Trade wheat dipped on Monday after a jump earlier in the day, as traders assessed conditions of the U.S. crops.
Cyber-Savvy Farmer
