Chicago | Reuters –– U.S. corn and wheat futures each jumped one per cent or more on Friday, shrugging off earlier losses as investors took profits on bearish short bets […] Read more
Markets/Business
U.S. grains: Corn, wheat up on short-covering ahead of long weekend
U.S. livestock: CME live cattle sag despite supportive fundamentals
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Thursday, dragged down by technical selling that offset higher cash and wholesale beef prices, traders said. February […] Read more
U.S. grains: Wheat prices fall on hefty supplies
Chicago | Reuters — U.S. wheat fell for the second straight day on Thursday, pressured by technical selling, ample global supplies and lacklustre demand for U.S. shipments and dragged by […] Read more
CBOT weekly outlook: Soybeans see higher-value trading range
CNS Canada — Corn and soybean contracts at the Chicago Board of Trade are both rangebound, but beans are above the major moving averages, according to one analyst, as traders […] Read more
U.S. livestock: Beef price rebound pulls CME live cattle higher
Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts finished moderately higher on Wednesday, helped by short-covering following the day’s turnaround in wholesale beef values, traders said. February live […] Read more
U.S. grains: Corn, soy steady on technicals after big gains
Chicago | Reuters — U.S. corn and soybeans edged higher on Wednesday while wheat prices were slightly lower at the Chicago Board of Trade, with all three markets steadying after […] Read more
ICE weekly outlook: Canola stuck in sideways range
CNS Canada –– ICE Futures Canada canola contracts posted small losses during the week ended Wednesday, but remained rangebound overall. That sideways activity is expected to continue over the next […] Read more
Ocean freight cost index breaks another floor
CNS Canada — The Baltic Dry Index (BDI) continues its downward slide, dropping below 400 points for the first time ever as ocean freight rates struggle to find their bottom. […] Read more
U.S. livestock: Speculative buying rallies CME lean hogs
Chicago | Reuters –– Chicago Mercantile Exchange lean hog contracts closed higher on Tuesday, strengthened by short-covering and speculative buying in anticipation of tighter seasonal supplies, traders said. Spot February […] Read more
China and vessel glut drive Baltic index to fresh low
Reuters — The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, slid to a fifth consecutive record low on Monday on economic worries about […] Read more
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