Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures ended higher on Tuesday as wholesale beef prices rose, bucking seasonal trends and spurring hopes for higher cash cattle prices this week, traders said. CME August live cattle futures settled up 0.1 cent at 135.725 cents/lb. and most-active October ended up 0.5 cent at 141.1 […] Read more
U.S. livestock: Rising wholesale meat prices lift futures
CME live cattle buck seasonal trends
U.S. grains: Corn, soybeans end lower on crop prospects
Wheat down on cancelled export tender
Chicago | Reuters — U.S. corn futures fell more than two per cent on Tuesday and soybeans also declined on optimism for sizable U.S. crops and some forecasts for rain next week, despite pockets of stress from hot and dry conditions, traders said. Wheat futures finished lower after a choppy session, declining after Egypt’s state […] Read more
U.S. grains: Corn, soy, wheat up on broad commodity strength
Crop-stressing dry heat expected in Midwest
Chicago | Reuters — U.S. corn, soybeans and wheat futures rose on Monday in response to worries about potentially stressful hot weather in the Midwest and Europe, coupled with bullish sentiment in crude oil and a weaker dollar, analysts said. Chicago Board of Trade benchmark December corn settled up seven cents at $6.10-3/4 per bushel, […] Read more
U.S. livestock: Cattle, hog futures up on hot spell, firm meat prices
Heat wave lowers animals' rate of gain
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Monday on spillover strength from outside markets including Wall Street, as well as firm wholesale beef prices and worries about hot weather stressing cattle in the Plains and Midwest, traders said. CME August live cattle futures settled up 0.7 cent at 135.625 cents/lb., […] Read more
U.S. livestock: CME live cattle fall on global recession worries
Lean hogs buck downward trend
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday, following broad declines in commodities and Wall Street equities tied to fears of a global economic recession, traders said. “It’s the economy. You’ve got the fears of going into a recession,” said Don Roose, president of Iowa-based U.S. Commodities. “So goes the […] Read more
U.S. grains: Futures fall on recession fears, Midwest rains
U.S. crop ratings lower than trade expected
Chicago | Reuters — U.S. corn, soybean and wheat futures fell to multi-month lows on Tuesday, joining a broad sell-off in crude oil and equity markets tied to fears of a global economic recession and waning demand for commodities, analysts said. Beneficial rains in portions of the U.S. Midwest over the Independence Day weekend bolstered […] Read more
U.S. grains: Wheat futures hit lowest price since February; corn down, soy up
Chicago | Reuters – U.S. wheat futures fell to their lowest price since February on Monday, pressured by the expanding harvest of winter wheat in the northern hemisphere and a lack of demand for U.S. supplies, traders said. Corn futures also fell, led by deferred contracts representing the 2022 harvest. But soybeans rose as soyoil […] Read more
U.S. livestock: CME live cattle climb as cash markets surge
Firm cash prices also supportive in hogs
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures jumped two per cent on Wednesday, lifted by rising prices for market-ready cattle in the cash market, traders said. Cash cattle traded in Nebraska at around $145 per hundredweight, traders said, up $2-$4 from last week and significantly higher than nearby futures prices (all figures […] Read more
U.S. grains: Wheat eases on harvest pressure
Nearby corn firms, July soybeans also lower
Chicago | Reuters — U.S. wheat futures ended lower on Wednesday, led by K.C. hard red winter wheat, as the harvest progressed and forecasts signalled continued dry weather for combines rolling in the southern Plains, traders said. Corn futures closed mixed, with strong domestic cash markets supporting nearby July futures on the Chicago Board of […] Read more
U.S. livestock: CME live cattle retreat off two-month high
U.S. cattle on feed up two per cent; Chicago lean hogs end higher
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange ended lower on Friday in a profit-taking setback from two-month highs amid worries about inflation curbing consumer demand for beef, traders said. Larger-than-expected numbers of U.S. cattle on feed announced by the U.S. Department of Agriculture after the CME close could pressure futures […] Read more
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