U.S. livestock: Lean hog futures retreat from 11-month high

Cattle futures down on beef demand uncertainty

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures ended lower on Friday on profit-taking and disappointment over export demand, after prices climbed to the highest level in 11 months. Strong domestic demand for pork continues to underpin hog futures, analysts said, with the most-active December contract surging 39 per cent on the Chicago Mercantile Exchange […] Read more

U.S. grains: CBOT wheat hits 2014 high on global crop concerns

Soybean futures retreat from gains

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures surged to their highest prices in nearly six years on Friday as dry weather in key growing regions around the world fueled supply concerns. Corn futures ended lower, after touching a 14-month high on prospects for hefty sales to China, and soybeans also slumped. Traders are keeping a […] Read more

U.S. grains: Wheat soars to five-year high

Corn hits 14-month high; soybeans up slightly on Chinese buying

Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures rallied to five-year highs on Thursday, as cuts to Argentina’s wheat outlook brought into focus the potential global supply damage possible due to dryness in top wheat producing countries, trader said. Corn followed wheat, climbing to 14-month highs and soybeans ended higher as exports continue. The most-active wheat […] Read more

U.S. livestock: Lean hog futures climb to more than 10-month high

Live cattle lower on new lockdown concerns for beef demand

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures on Thursday soared to their highest prices in more than 10 months, as meat demand continued to strain processor capacity and COVID-19 cases are rising in the United States, traders said. Thursday’s daily U.S. hog slaughter was 490,000 head — 2,000 fewer than the same period last […] Read more

U.S. livestock: Lean hogs up on lower-than-expected inventory

CME live cattle follow cash cattle lower

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures climbed on Wednesday as traders grappled with mounting confusion on lower-than-expected slaughter rates, traders said. Wednesday’s daily U.S. hog slaughter was 489,000 head — or 2,000 fewer than the same period last year, according to data published by the U.S. Department of Agriculture. For the week to […] Read more


U.S. grains: Soybeans up on Chinese buying, Brazil weather

Chicago corn, wheat end higher after mixed day

Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures climbed on Wednesday, supported by renewed exports and dryness in top exporter Brazil, traders said. Corn and wheat futures ended higher after trading both sides of even as markets digested conflicting indicators. The most active soybean contract on the Chicago Board of Trade gained 12-1/4 cents to $10.56-1/4 […] Read more

U.S. grains: Soybeans rebound from prior day’s plunge

Wheat flat as stronger dollar offsets dryness concerns; corn up on exports to Mexico

Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures rose on Tuesday, a day after the market’s largest drop in six months slowed a rash of farmer selling, traders said. Chicago wheat futures rose slightly but were capped by a strong U.S. dollar, while CBOT corn gained on fresh export sales to Mexico. CBOT November soybeans closed […] Read more

U.S. livestock: Cattle futures rebound on wholesale strength

Softening cash market drags on hog futures

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures rebounded on Tuesday, correcting after the biggest drop since June 30, amid a stronger wholesale market, traders said. Lean hogs stepped back for a second day, reflecting a softer cash market, while feeder cattle followed the cash market higher. Chicago Mercantile Exchange December live cattle futures added […] Read more


U.S. grains: Soybeans fall as harvest pressure fills bulls’ void

Corn follows soybeans lower; wheat ends slightly higher

Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures dropped sharply on Monday, as harvest pressure pushed the market lower, traders said. Corn followed soybeans lower, while wheat ended slightly higher on concerns that dryness across the U.S. Great Plains might limit winter wheat growth. Chicago Board of Trade most-active soybeans fell 31-3/4 cents to $10.33-3/4 per […] Read more

U.S. livestock: Futures slip on seasonal pressure

Slaughter backlogs remain a drag on live cattle

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures fell on Monday, pressured by a softening in seasonal demand and the continued impact from backlogs at slaughterhouses, traders said. Lean hogs also eased on profit taking, while feeder cattle also followed live cattle for a loss. CME October live cattle futures fell 1.525 cents, to 108.35 […] Read more