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NOW AVAILABLE! | CHECK OUT THE 2024 CORN GUIDE!

Tom Polansek


Stories by Tom Polansek

Corn ZCH24 on Jan. 9 with 20-day moving average. (Barchart)
Markets

U.S. grains: Soybean and corn futures rebound from multiyear lows

Wheat futures jump after a sharp drop on Monday

By Reuters, Tom Polansek January 9, 2024
Chicago Board of Trade soybean and corn futures rebounded on Tuesday on short covering and technical buying after sliding to multiyear lows earlier in the session.

Photo: Thinkstock
Livestock

Tyson Foods, Cargill idle Kansas beef plants due to snowstorm

Blizzards shut down roads, stranded some workers at packing plants overnight

By Reuters, Tom Polansek January 9, 2024
Tyson Foods and Cargill said on Tuesday they suspended operations at beef plants in Kansas due to a massive snowstorm, reducing U.S. meat production.


Live cattle LEG24 on Jan. 8, 2024, with Bollinger bands. (Barchart)
Markets

U.S. livestock: CME live cattle retreat from one-month high, traders eye US weather

Lean hogs rose on hopes that U.S. cash prices had reached bottom

By Reuters, Tom Polansek January 9, 2024
Live cattle futures on Monday rose to their highest level in more than a month before retreating as traders waited to see the impact of wintry weather on livestock in the central U.S.

Corn ZCH24 on Jan. 8, with Bollinger bands. (Barchart)
Markets

U.S. grains: Corn, soy hit multi-year lows as oil sinks, rains aid Brazil crops

Concerns over Chinese demand for U.S. soybeans and wheat hung over the futures markets

By Reuters, Tom Polansek January 8, 2024
U.S. corn futures sank to their lowest level in more than three years on Monday and soybean futures set a two-year low as steep declines in crude oil prices spilled over into agricultural markets.

Lean hogs HEG24 on Jan. 5 with Bollinger. (Barchart)
Markets

U.S. livestock: Hogs extend gains after rally, end up 3 per cent for the week

Live cattle slipped somewhat but ended the week up 1.2 per cent

By Reuters, Tom Polansek January 5, 2024
Technical buying and short covering boosted lean hog futures at the Chicago Mercantile Exchange on Friday, traders said, extending gains a session after the market climbed by its daily maximum.


Soybeans ZSH24 on Jan. 4 with Bollinger bands. (Barchart)
Markets

U.S. grains: Improved Brazilian crop weather knocks down CBOT soybeans

Wheat futures rebounded from one-month low; corn stabilized

By Reuters, Tom Polansek January 4, 2024
Chicago Board of Trade soybean futures extended recent losses on Thursday as the market remained under pressure from rains in dry areas of Brazil and expectations for more beneficial showers.

Lean hogs HEG24 on Jan. 3 with 20, 50 and 100-day moving averages. (Barchart)
Markets

U.S. livestock: Lean hogs finish weaker, set another contract low

Packers losing money processing beef due to tight supply

By Reuters, Tom Polansek January 3, 2024
Chicago Mercantile Exchange lean hog futures set contract lows for a second consecutive session on Wednesday under pressure from ample supplies.

Soybeans ZSH24 on Jan. 3 with 20 and 50-day moving averages. (Barchart)
Markets

U.S. grains: Soy futures recover from June low as rains benefit Brazil crops

A two-week high in the U.S. dollar also hung over agricultural markets

By Reuters, Tom Polansek January 3, 2024
Chicago Board of Trade soybean futures ended firmer on Wednesday, as the market recovered after favorable rains in Brazilian crop areas sent the market to its lowest levels since June.


Live cattle LEG24 on Jan. 2 with 20 and 50-day moving averages. (Barchart)
Markets

U.S. livestock: CME cattle hit November highs as lean hogs set contract lows

Large supplies of hogs continue to pressure futures, analysts said

By Reuters, Tom Polansek January 2, 2024
Cattle futures stormed higher at the Chicago Mercantile Exchange (CME) on Tuesday, boosted by firmer U.S. cash trading last week, while hog futures set contract lows.

Soybean futures ZSH24 as of Jan. 2, with 20 and 50-day moving averages. (Barchart)
Markets

U.S. grains: Soy futures fall to June low on improved Brazilian crop weather

Corn set a contract low in front-month futures; wheat futures declined

By Reuters, Tom Polansek January 2, 2024
U.S. soybean futures slid to their lowest level since June on the first trading day of the year, after rains hit dry areas of Brazil and forecasts called for more showers.

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