Chicago / Reuters – Chicago Mercantile Exchange lean hogs on Wednesday slumped nearly four per cent, their biggest daily decline since mid-December 2015, pressured by day’s steep wholesale pork price drop and further cash […] Read more
Markets/Business
U.S. livestock: CME hog futures biggest one-day loss in seven months
U.S. grains: Soy extends gains on short-covering, weather worries
Chicago / Reuters – U.S. soybean futures gained for the second straight session on Wednesday on short-covering and worries about dry weather conditions in the key crop development month of August, […] Read more
U.S. grains: U.S. wheat tumbles on ample supplies, Euronext declines
Chicago / Reuters – Chicago Board of Trade wheat futures plunged as much as 3 per cent on Tuesday, their largest daily losses in three weeks, on pressure from ample […] Read more
U.S. livestock: Beef price bounce extends CME live cattle futures gains
Chicago / Reuters – Chicago Mercantile Exchange live cattle futures gained for a third straight session on Tuesday, fueled by technical buying and the day’s wholesale beef price turnaround, said traders. August live cattle […] Read more
Klassen: Feeder cattle market remains sluggish
Western Canadian feeder cattle prices traded $3 to as much as $10 below week ago levels due to deteriorating feedlot margins and building beef supplies. Once again the bulk of […] Read more
Fewer U.S. cattle than expected placed in feedlots in June
Chicago/Reuters – The number of cattle placed into U.S. feedlots in June rose three per cent from a year earlier, the government said July 22, below the expectations of most analysts. […] Read more
U.S. livestock: CME live cattle futures surge by 3-cent/lb price limit
Chicago / Reuters – Chicago Mercantile Exchange live cattle futures settled up by their 3-cents-per-lb daily price limit on Monday, driven by fund buying and Friday’s mildly bullish government monthly cattle […] Read more
U.S. grains: Soybeans extend losses on fund selling, favorable weather
Chicago / Reuters – U.S. soybean futures fell sharply on Monday, extending the steep declines seen last week on pressure from investment fund selling and favourable extended weather outlooks for the […] Read more
U.S. livestock: Live cattle futures rally before USDA report
Chicago / Reuters – Chicago Mercantile Exchange live cattle futures closed higher on Friday after short-covering and bargain hunting snapped a three-day losing streak, traders said. August live cattle ended 2.425 cents per lb […] Read more
U.S. grains: Soy falls as harvest expectations rise; wheat, corn firm
Chicago / Reuters – U.S. soybean futures fell 2.3 per cent to a three-month low on Friday as the weather forecast for August reinforced expectations that the crop developing in the […] Read more
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