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Tag Archives futures

Markets, Reuters

U.S. livestock: Live cattle dip in nearby contract; US beef plants reopen

Deferred live cattle futures and feeder cattle futures finished stronger

By Reuters, Tom Polansek, GFM Network News January 10, 2024
Live cattle futures eased slightly in the front-month contract on Wednesday as U.S. slaughtering began to recover from disruptions due to extreme winter weather earlier this week.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets, Reuters

U.S. grains: Soybeans fall on demand concerns, Brazilian crop outlook

Corn, wheat futures were steady to up

By Reuters, GFM Network News January 10, 2024
Chicago soybean futures fell on Wednesday, shedding gains from the previous session, amid growing market concerns about export demand and improving weather for Brazil's oilseed crop.


Corn ZCH24 on Jan. 9 with 20-day moving average. (Barchart)
Markets, Reuters

U.S. grains: Soybean and corn futures rebound from multiyear lows

Wheat futures jump after a sharp drop on Monday

By Reuters, Tom Polansek, GFM Network News January 9, 2024
Chicago Board of Trade soybean and corn futures rebounded on Tuesday on short covering and technical buying after sliding to multiyear lows earlier in the session.

File photo of cattle on feed near Champion, Alta., about 75 km north of Lethbridge. (James_Gabbert/iStock/Getty Images)
Beef Cattle, Markets

Klassen: Cattle producers anxious about 2024

No sales the first week of 2024 as markets assess inventory, plan strategy

By Jerry Klassen, GFM Network News January 9, 2024
The holiday break for the cattle market is analogous to an the intermission between periods of hockey game. Feedlot operators assess inventory and to focus on the market structure. They’re planning their purchase strategy for the next couple months.


Live cattle LEG24 on Jan. 8, 2024, with Bollinger bands. (Barchart)
Markets, Reuters

U.S. livestock: CME live cattle retreat from one-month high, traders eye US weather

Lean hogs rose on hopes that U.S. cash prices had reached bottom

By Reuters, Tom Polansek, GFM Network News January 9, 2024
Live cattle futures on Monday rose to their highest level in more than a month before retreating as traders waited to see the impact of wintry weather on livestock in the central U.S.

Corn ZCH24 on Jan. 8, with Bollinger bands. (Barchart)
Markets, Reuters

U.S. grains: Corn, soy hit multi-year lows as oil sinks, rains aid Brazil crops

Concerns over Chinese demand for U.S. soybeans and wheat hung over the futures markets

By Reuters, Tom Polansek, GFM Network News January 8, 2024
U.S. corn futures sank to their lowest level in more than three years on Monday and soybean futures set a two-year low as steep declines in crude oil prices spilled over into agricultural markets.


Lean hogs HEG24 on Jan. 5 with Bollinger. (Barchart)
Markets, Reuters

U.S. livestock: Hogs extend gains after rally, end up 3 per cent for the week

Live cattle slipped somewhat but ended the week up 1.2 per cent

By Reuters, Tom Polansek, GFM Network News January 5, 2024
Technical buying and short covering boosted lean hog futures at the Chicago Mercantile Exchange on Friday, traders said, extending gains a session after the market climbed by its daily maximum.

Corn ZCH24 on Jan. 5 with Bollinger bands. (Barchart)
Markets, Reuters

U.S. grains: Soy sags for third week on Brazil rains; corn hits contract low

Corn futures set a contract low; wheat prices advanced

By Reuters, Tom Polansek, GFM Network News January 5, 2024
Chicago Board of Trade soybean futures crumbled to their lowest prices since June on Friday and declined for a third consecutive week as much-needed rains hit dry growing areas in Brazil.


Soybeans ZSH24 on Jan. 4 with Bollinger bands. (Barchart)
Markets, Reuters

U.S. grains: Improved Brazilian crop weather knocks down CBOT soybeans

Wheat futures rebounded from one-month low; corn stabilized

By Reuters, Tom Polansek, GFM Network News January 4, 2024
Chicago Board of Trade soybean futures extended recent losses on Thursday as the market remained under pressure from rains in dry areas of Brazil and expectations for more beneficial showers.

Lean hogs HEG24 on Jan. 3 with 20, 50 and 100-day moving averages. (Barchart)
Markets, Reuters

U.S. livestock: Lean hogs finish weaker, set another contract low

Packers losing money processing beef due to tight supply

By Reuters, Tom Polansek, GFM Network News January 3, 2024
Chicago Mercantile Exchange lean hog futures set contract lows for a second consecutive session on Wednesday under pressure from ample supplies.


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