Reading Time: < 1 minute Chicago | Reuters — U.S. wheat futures fell after three straight days of gains on Friday as a firmer dollar disadvantaged the crop in the export market and a forecast for rain promised much-needed relief to dry soils in the U.S. Plains, traders said. Soybean markets also sagged on concerns about export demand, with sales […] Read more
Author Archives
U.S. grains: Wheat, soybean futures fall with export prospects
Corn edges up ahead of Memorial Day
U.S. livestock: Live and feeder cattle futures slip
Thursday's cold storage data seen as disappointing
Reading Time: < 1 minute Chicago | Reuters — U.S. live and feeder cattle futures closed lower on Friday after disappointing cold storage data the previous day and ahead of the U.S. Department of Agriculture’s cattle on feed report in the afternoon. Lean hog futures also dropped, as backups continue at slaughter facilities, traders said. The nearby CME live cattle […] Read more
U.S. livestock: Hogs, live cattle gain against cash markets
Cold storage meat supplies down slightly, USDA says
Reading Time: < 1 minute Chicago | Reuters — U.S. live hog futures gained on Thursday on short-covering as contracts strengthened against cash markets, traders said. CME live cattle futures firmed, while feeder cattle dipped ahead of Friday’s U.S. Department of Agriculture cattle on feed report. The nearby CME June lean hogs gained 2.475 cents, to 59.35 cents/lb., while the […] Read more
U.S. grains: Wheat rallies on Black Sea dryness
Corn eases after three days' gains, soybeans climb
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures gained on Wednesday as dryness in Russia and a weak crop outlook on the U.S. Plains lifted the market. Soybeans lifted as the Brazilian currency gained against the U.S. dollar, renewing hopes of buying by China, while corn was flat as demand gains in ethanol and animal feed […] Read more
U.S. grains: Corn up despite USDA forecast for ballooning stocks
Soybeans drift lower; wheat weaker on improving crop weather
Reading Time: 2 minutes Chicago | Reuters — Chicago corn ended higher on Tuesday after the U.S. Department of Agriculture forecast U.S. corn stockpiles would top 3.3 billion bushels by the end of the 2020-21 marketing year, a 33-year high that nonetheless fell below an average of trade expectations. USDA’s forecast for 2019-20 corn ending stocks, at 2.098 billion […] Read more
U.S. grains: Soybeans climb on Chinese buying ahead of crop report
Wheat wrestles with demand concerns, weather woes
Reading Time: 2 minutes Chicago | Reuters –– Chicago soybean futures climbed for a second session to a three-week high on Friday as Chinese buying underpinned prices and traders squared positions ahead of a supply and demand report due next Tuesday. Corn also rose on word China may increase agricultural buying to fulfill commitments laid out in January under […] Read more
U.S. grains: Soybeans, corn end lower as demand flags
Wheat pressured by improved Northern Hemisphere weather
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures settled lower on Wednesday, as continued weak demand due to the coronavirus epidemic and renewed U.S.-China trade tensions offset support from a flurry of commodity purchases by top importer China. Corn also slipped, following a pullback in crude oil, while wheat eased as beneficial rain for Northern Hemisphere […] Read more
U.S. livestock: Cattle, hogs slide after three days of gains
"The workers are spooked to come to work"
Reading Time: 2 minutes Chicago | Reuters — U.S. cattle and hog futures retreated on Tuesday in a profit-taking setback after three sessions of gains that were fueled by rising meat prices and concerns about meat shortages as several packing plants have closed due to coronavirus infections among workers. Benchmark June lean hog futures corrected after gaining nearly 18 […] Read more
U.S. grains: Corn gains with rising crude, limited by early planting
Soybeans rise on sale to China, despite tariff talk
Reading Time: 2 minutes Chicago | Reuters — Chicago corn futures gained on Tuesday, following energy markets higher on hopes of renewed ethanol fuel demand as lockdowns ease, but were capped by ahead-of-schedule planting across the U.S. Midwest, analysts said. Soybeans climbed on confirmation of new sales to China, even as the United States renewed tariff threats over China’s […] Read more
U.S. grains: Soybeans tumble as China spat piles on demand worries
Grain markets hit by drop in demand for feed, biofuel
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean and corn futures slid on Monday as rising tensions between Washington and Beijing raised concern about further demand risk, on top of coronavirus disruptions to biofuel and livestock feed markets. Favourable crop weather also weighed on prices as planting advanced in the U.S. Midwest while rain across Europe looks […] Read more
Sign up now for the FREE Farmtario eNewsletter, your daily Ontario farm and production news delivered to your inbox and you will be automatically entered to WIN a New Holland Compact Tractor PLUS Mower!