(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Profit-taking, cash prices drop CME hogs

Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed lower on Monday, pressured by profit-taking following the morning’s cash price drop, traders said. December hogs finished 1.325 cents/lb. lower at 63.525 cents, and February ended 0.875 cent lower at 68.225 cents (all figures US$). Some investors sold futures after analysts predicted a 480,000-plus head […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle rise before USDA report

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Friday, helped by short-covering and positioning before the U.S. Department of Agriculture’s monthly Cattle on Feed report on Friday at 2 p.m. CT, said traders. They said that with December futures slated to be the new lead month following October’s expiration, investors periodically […] Read more

(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: CME hogs hit two-month high

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Thursday, hitting their highest level in two months led by steadily climbing prices for market-ready, or cash, hogs as packers competed for supplies, said traders. December hogs finished 0.5 cent/lb. higher at 64.250 cents, and February ended 0.475 cent higher at 68.475 cent […] Read more


(Lisa Guenther photo)

CBOT weekly outlook: Corn, soy steady as attention turns to South America

CNS Canada — Soybean and corn futures at the Chicago Board of Trade are both keeping rangebound as attention shifts from last week’s U.S. Department of Agriculture supply/demand report to South American growing conditions. During the week ended Wednesday the December corn contract rose 2.5 cents, to $3.485 per bushel (all figures US$). On the […] Read more







(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Front-month soy tops US$10

New York | Reuters — U.S. spot soybean futures closed above US$10 a bushel on Friday, the highest in 2-1/2 months, on follow-through buying a day after the U.S. Department of Agriculture lowered its estimate of the U.S. average soy yield, analysts said. Corn futures rose on a bigger-than-expected weekly export sales tally and wheat […] Read more