(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle slump limit down

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Monday settled down by their three cents/lb. daily price limit, on sell stops and fund liquidation after some contracts fell beneath chart support levels, said traders. October and December were down three cents/lb. at 98.875 and 100.05 cents, respectively (all figures US$). December futures […] Read more







(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat jumps on short-covering

Chicago | Reuters — U.S. wheat futures rose more than two per cent on Wednesday as signs of fresh export demand triggered a short-covering rally in a market where commodity funds hold a large net short position, traders said. Corn futures ended lower after a choppy session while soybeans fell, pressured by the expanding harvest […] Read more


(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybean rally snuffed out as harvest advances

Reuters — Chicago soybean prices fell on Tuesday, snuffing out a three-session rally as an accelerating U.S. harvest shifted attention back toward the prospect of record production. Corn edged higher, supported by short-covering in spread trades against soybeans, while wheat finished flat, held in check by technical selling and ample U.S. supplies. Chicago Board of […] Read more