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Tag Archives exports


iStock / Getty Images
Markets

U.S. livestock: CME lean hogs firm; cattle futures mixed on technical resistance

Cattle market continued to feel pressure from winter weather in Midwest

By P.J. Huffstutter, Reuters February 9, 2024
Chicago Mercantile Exchange lean hog futures turned higher on Friday, bolstered by export sales that include China buying U.S. pork supplies for their open market, traders said.

Photo: Scharfsinn86/Getty Images
Markets

U.S. grains: Soybeans, corn stuck near 3-year lows on abundant supplies

Wheat futures higher on bargain buying, short covering

By Karl Plume, Reuters February 9, 2024
U.S. corn and soybean futures hovered near three-year lows on Friday as South American crop weather improved and forecasts called for plentiful supplies, but losses were limited by short covering ahead of the weekend.

(Geralyn Wichers photo)
Markets

U.S. livestock: Live cattle, nearby feeder cattle futures firm

Lean hog futures bounce back from early lows

By P.J. Huffstutter, Reuters February 8, 2024
Chicago Mercantile Exchange live cattle and nearby feeder cattle futures turned higher on Thursday, supported by weakness in the corn market Cv1 and anticipation that the cash market will continue to firm, traders said.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets

U.S. grains: Soybeans turn higher, grains lower, on raft of government data

Falling Russian prices weigh over wheat futures; U.S. poised to regain title of top corn exporter

By P.J. Huffstutter, Reuters February 8, 2024
Chicago Board of Trade soybean futures ended the day higher on Thursday on a flurry of late-session buying, as the market struggled to gain clarity on the size of the Brazilian crop, traders said.

Photo: Getty Images
Markets

U.S. grains: Corn, soybeans touch new multi-year lows on grain glut worries

Easing heat wave in Argentina tempers crop worries

By P.J. Huffstutter, Reuters February 7, 2024
Chicago corn prices dipped to a new three-year low on Wednesday, as weather charts showed a hot, dry spell in Argentina will give way to widespread rain in the coming days, traders said.


(Photo courtesy Canada Beef Inc.)
Markets

U.S. livestock: Cattle futures lower, hogs mixed on technical trading

Traders expect this week's prices in cash market to be higher than last week

By P.J. Huffstutter, Reuters February 7, 2024
Chicago Mercantile Exchange cattle futures turned lower on profit-taking on Wednesday, even as rising wholesale beef prices and a firming cash market continued to offer support to the market, traders said.

CBOT soybeans ZSH24 on Feb. 6 with Bollinger bands. (Barchart)
Markets

U.S. grains: Soybeans firm on bargain-buying ahead of USDA report

Wheat futures rose while corn ended lower on forecasts for rain in Argentina

By Karl Plume, Reuters February 6, 2024
U.S. soybean futures firmed on Tuesday for a second straight session as short-covering and technical-buying fueled a bounce from multi-year lows a day earlier, though concerns about weak demand limited gains.

CBOT soybeans ZSH24 on Feb. 5. (Barchart)
Markets

U.S. grains: Soybeans move higher on technical trading ahead of government reports

Strong dollar weighed heavy on wheat; corn pressured by sluggish exports

By P.J. Huffstutter, Reuters February 5, 2024
Chicago Board of Trade soybeans futures on Monday rose on technical trading ahead of a slew of key government crop reports, after the most-active contract Sv1 touched the lowest price since December of 2020, traders said.


U.S. livestock: CME cattle futures turn lower on profit-taking
Markets

U.S. livestock: CME cattle futures turn lower on profit-taking

Lean hogs also turn lower after recent rally faced fundamental resistance

By P.J. Huffstutter, Reuters February 5, 2024
Chicago Mercantile Exchange cattle futures ended the day lower on Monday, as market participants sought to take profits after live cattle futures hit a nearly three-month high in the previous session, traders said.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets

U.S. grains: Soybeans slide on disappointing US export data; corn also down

Demand for U.S. soy hampered by strong competition from Brazil, China's economic woes

By Julie Ingwersen, Reuters February 1, 2024
U.S. soybean futures fell about 1.5 per cent on Thursday on disappointing weekly U.S. export sales data coupled with strong competition from Brazil, where the soy harvest is expanding, traders said.

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