The United Nations' world food price index dipped in December against November levels, led lower by a drop in international sugar quotations, but still showed a robust gain year-on-year, data showed on Friday.
Chicago Mercantile Exchange (CME) feeder cattle futures reached life-of-contract highs, while live cattle futures hit multi-month peaks on Thursday, as meat packers struggled to find inventory, analysts said.
Chicago soybean and corn futures were higher in see-saw trading on the first trading day of 2025, supported by ongoing concerns related to dry weather in South America, especially Argentina, a leading producer of both commodities.
Brazil's 2024-2025 soybean crop is expected to reach 171.4 million metric tons, consultancy firm StoneX said on Thursday, increasing its forecast from the 166.2 million tons it had estimated in December.
Chicago Mercantile Exchange (CME) lean hog futures fell to two-month lows on Tuesday, as traders squared positions before the year's end and uncertainty lingered over export demand in the coming months, market analysts said.
Chicago soybean, corn and wheat futures rallied on Tuesday on short-covering and concerns over weather conditions in South America and Russia, market analysts said.
For the week ending December 28, there were no feeder cattle sales in Western Canada; however, that didn’t stop cattle producers from emailing or calling me over the holidays inquiring about market direction. I thought it would be an opportune time to discuss a couple factors that will influence the market direction over the next couple of months.
A shareholder of agribusiness Archer-Daniels-Midland is pressing the company's CEO to resign for failing to clearly tell investors about problems with its internal accounting practices that have sparked a criminal investigation first reported by Reuters.
Chicago Mercantile Exchange (CME) lean hog futures fell to two-month lows on Monday, hit by profit-taking and growing uncertainty over domestic and export demand in the coming months, market analysts said.
Chicago Board of Trade corn futures turned lower on profit-taking after the benchmark contract Cv1 hit a six-month high in choppy trade ahead of the year's end, market analysts said.