Soybean futures on the Chicago Board of Trade may trade sideways in the coming weeks, while corn and wheat make gains, according to a Chicago trader.
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Markets/Business — page 18
CBOT Weekly: Weather, new crop projections top of mind
Planting, growing progress pressuring prices
U.S. grains: Soybeans higher on bullish USDA report, US-China trade truce
Chicago soybean futures settled higher on Tuesday on strength from a temporary truce in the U.S.-China trade war and a bullish U.S. Department of Agriculture report, though profit-taking pressured prices throughout the session.
U.S. livestock: Cattle mixed, hogs make modest gains
Chicago cattle futures settled on either side of unchanged, Tuesday, after setting fresh highs on Monday. Lean hog contracts made modest gains.
Pulse Weekly: Saskatchewan pea plantings progress
Seeding to be complete in the southeast “in a matter of days”
Pea and other pulse plantings in southeast Saskatchewan are progressing at a rapid pace thanks to timely rains in the region.
Klassen: Feedlot operators become cautious on purchases
For the week ending May 10, Western Canadian feeder cattle markets traded steady to $5 higher on average. Quality packages of lighter calves were priced $10-$15 above week ago levels. Many auction barns are only holding sales every two or three weeks at this time of year with limited numbers on offer. This made the market hard to define in certain weight categories.
U.S. livestock: Cattle futures reach new contract highs
Chicago cattle futures hit new contract highs, while boxed beef prices were lower.
U.S. livestock: Cattle mixed, hogs make small gains
Chicago cattle futures ended mixed, while lean hogs made small gains on Friday.
U.S. grains: Chicago soybeans, corn higher ahead of US-China trade talks
Chicago soybean and corn futures bounced on Friday as traders covered short positions ahead of Saturday's meeting between senior U.S. and Chinese officials and a widely tracked U.S. Department of Agriculture report on Monday, analysts said.
New Chicago spring wheat futures make thin trade thinner
Trading volumes a fraction of Minneapolis spring wheat
The CME Group's new Chicago spring wheat futures may be diluting an already thin market, says analyst Tom Lilja of Progressive Ag in Fargo, North Dakota.
China buys Canadian, Australian wheat as heat hits crop, traders say
Chinese buyers bought between 400,000 and 500,000 metric tons of wheat from Australia and Canada in recent weeks, traders said, as heat threatens to damage crops in China's agricultural heartlands.
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