Chicago | Reuters – U.S. corn, wheat and soybean futures plummeted on Thursday, as investor fears of an economic downturn and improved sentiment over U.S. crops shifted attention from war disruption to Black Sea exports. Wheat futures Wv1 sank to their lowest level since March 1, soybeans Sv1 hit their lowest since May 11 and corn Cv1 hit its lowest since […] Read more
U.S. grains: Corn, soybeans, wheat plunge as economic worries rise
U.S. livestock: Hog, live cattle futures fall on recession fears
Chicago | Reuters – CME Group live cattle and hog futures fell on Thursday, pressured by growing fears of a recession that could cut demand for pricey meats, traders said. Losses accelerated due to fund liquidation as the end of the quarter nears. But feeder cattle futures were firm as falling corn prices raised the […] Read more
U.S. grains: Wheat firms after Russia strikes Ukraine port
Chicago | Reuters – U.S. wheat futures firmed on Wednesday, rebounding from a sharp decline a day earlier as investors covered short positions following a Russian strike on a port in Ukraine that renewed fears about supply shortages, traders said. “Wheat was mostly higher today … after Russia unleashed a missile attack damaging at least […] Read more
U.S. livestock: Hog futures retreat from two-month high; cattle also fall
Chicago | Reuters – CME Group cattle futures fell on Wednesday, as surprise deliveries in Texas showed that cash market supplies were higher than expected, traders said. Hog futures were lower, snapping a streak of four straight higher closes as traders locked in profits from the market’s move to a two-month high. CME July lean […] Read more
U.S. livestock: Hog futures rise to two-month high
CME cattle futures mixed
Chicago | Reuters — CME hog futures rose to their highest in two months on Tuesday as slowdowns on processing lines raised concerns about tightening supplies. Cattle futures were mixed, with feeder cattle contracts firming as falling corn prices improved prospects of cheaper feed and strong profit margins for packers. Live cattle contracts ended slightly […] Read more
U.S. grains: Wheat futures hit lowest since late March
Chicago corn, soybeans also weak
Chicago | Reuters — U.S. wheat futures sank 5.7 per cent on Tuesday to their lowest level in 2-1/2 months, pressured by early harvesting in the United States and Europe as well as fresh efforts to boost the amount of grain shipped from Ukraine. Corn futures were down three per cent as weather forecasts turned […] Read more
U.S. grains: Soy futures rally to 10-year top
Corn firm, wheat falls
Chicago | Reuters — U.S. soybean futures rallied on Thursday, hitting their highest in nearly a decade and threatening their all-time high on signs of good export demand for U.S. supplies, traders said. Corn futures also rose, with cash market strength underpinning the tight supply situation. Wheat futures fell on improving weather for U.S. and […] Read more
U.S. livestock: Cattle futures consolidate near peaks
Chicago hog futures fall
Chicago | Reuters — CME Group cattle futures stabilized near recent highs on Thursday, with strong cash markets and a round of speculative buying underpinning prices. Hog futures fell as the soybean futures market rallied to its highest in nearly 10 years, raising the prospect of higher feed costs. The U.S. Agriculture Department said on […] Read more
U.S. grains: CBOT soybeans, corn, wheat rise
Soy nears 10-year highs
Chicago | Reuters — U.S. soybean futures rose on Wednesday on expectations that robust demand from both the domestic and export sectors will keep supplies tight until harvest in the fall, traders said. Corn futures were firm on support from strength in the cash market while wheat ended in positive territory after trading both sides […] Read more
U.S. livestock: Cattle futures rally on concerns about supplies
July lean hogs turn lower
Chicago | Reuters — Chicago Mercantile Exchange cattle futures rallied on Wednesday, supported by technical buying and signs of tightening supplies in the cash market, traders said. On a continuous basis, the front-month fed cattle contract hit its highest since November 2015. Live cattle hit a six-week high. Hog futures ended weaker, giving up early […] Read more
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