Reading Time: 2 minutes Chicago | Reuters — Chicago soybeans, corn and wheat eased on Friday as the markets consolidated after earlier gains, pressured by a continuing U.S. harvest and limited exports at hurricane-damaged U.S. Gulf export terminals. The most-active soybean futures on the Chicago Board of Trade fell 12 cents to $12.84 a bushel, ending the week down […] Read more
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U.S. grains: Soy, wheat, corn consolidate after earlier gains
Wheat ends week nearly three per cent higher
U.S. grains: CBOT wheat up after mixed trade
Traders eye U.S. corn harvest results
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures ended higher on Thursday after struggling for direction as traders assessed reduced harvest prospects in major exporting countries. Corn and soybean futures were little changed after topping two-week highs. Traders focused on global supply risks for wheat as Strategie Grains sharply lowered its projection for […] Read more
U.S. grains: Corn, soybeans climb
Wheat up on global supply concerns
Reading Time: < 1 minute Chicago | Reuters — Chicago corn futures climbed on Wednesday, supported by strength in the crude oil market and firming wheat futures. Wheat climbed as Russia joined France and Canada this week in reducing its production forecast for wheat at a time of strong global demand. Soybeans firmed, though gains were limited as canceled exports […] Read more
U.S. grains: Wheat firms on global supply cuts
Corn inches higher as U.S. crop ratings decline
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures firmed two per cent on Tuesday, strengthened by global supply concerns amid strong demand, while a weaker U.S. dollar supported U.S. trade. Corn inched higher after a weekly decline in U.S crop conditions reported by the U.S. Agriculture Department (USDA). Soybeans traded both sides of even before easing […] Read more
U.S. grains: Soybeans ease as large crops loom
Wheat drops on easing supply worries
Reading Time: 2 minutes Chicago | Reuters — Chicago soybeans ended lower on Monday, pressured as farmers begin harvesting what is expected to be a near-record crop, though stronger-than-expected weekly export sales mitigated losses. Corn also saw harvest pressure, while wheat dropped on easing concerns about global supplies. Chicago Board of Trade most-active soybeans lost 1-3/4 cents to end […] Read more
U.S. grains: Soybeans firm, fail to erase earlier losses
Wheat around seven-week low as world supply concerns ease
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures firmed on Friday, following the U.S. Agriculture Department’s monthly supply and demand report showing a drop in harvested U.S. acres, though much of the reports findings had been anticipated by earlier trading. Corn traded near even, while wheat edged lower after touching a new seven-week low, pressured by […] Read more
U.S. livestock: CME hog futures fall as pork demand softens
CME cattle down despite firmer cash trade
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange hog futures fell for the sixth consecutive day on Friday, pressured by lower pork demand coinciding with larger hog supplies, analysts said. The hog market also felt the effects of investment funds liquidating long positions, traders said. “We saw a fair amount of weakness. This market has been […] Read more
U.S. livestock: CME live cattle touch three-month lows
Demand from packers softening
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slid to three-month lows on Tuesday, as beef demand slows, leaving cattle producers with ample supply as packer demand softens, traders said. “Packers are bought for a long ways out — have a lot of inventory,” said Scott Varilek, broker at Kooima Kooima Varilek Trading […] Read more
U.S. grains: Corn, soy, wheat slide on stronger U.S. dollar, export concerns
Market awaits USDA crop forecasts ahead of corn, soy harvests
Reading Time: 2 minutes Chicago | Reuters — Chicago corn, soybean and wheat futures slipped Tuesday as a stronger dollar, export concerns and early U.S. harvest activity weighed on the complex ahead of the U.S. Agriculture Department’s monthly supply and demand report, due out Friday. Analysts anticipate USDA’s Sept. 10 outlook to increase estimates of U.S. corn and soybean […] Read more
U.S. livestock: CME cattle futures fall on lower cash cattle
Hogs down on supply expectations
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell for a third day on Thursday, as the softer cash market in the southern U.S. Plains weighed on futures, traders said. “This cash just continues to struggle,” said Joe Kooima, commodity broker at Kooima Kooima Varilek Trading Inc. “We’ve just got that anchor in […] Read more
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