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Tag Archives exports


Lean hogs HEG24 on Jan. 5 with Bollinger. (Barchart)
Markets

U.S. livestock: Hogs extend gains after rally, end up 3 per cent for the week

Live cattle slipped somewhat but ended the week up 1.2 per cent

By Reuters, Tom Polansek January 5, 2024
Technical buying and short covering boosted lean hog futures at the Chicago Mercantile Exchange on Friday, traders said, extending gains a session after the market climbed by its daily maximum.

Soybeans ZSH24 on Jan. 4 with Bollinger bands. (Barchart)
Markets

U.S. grains: Improved Brazilian crop weather knocks down CBOT soybeans

Wheat futures rebounded from one-month low; corn stabilized

By Reuters, Tom Polansek January 4, 2024
Chicago Board of Trade soybean futures extended recent losses on Thursday as the market remained under pressure from rains in dry areas of Brazil and expectations for more beneficial showers.

Lean hogs HEG24 on Jan. 3 with 20, 50 and 100-day moving averages. (Barchart)
Markets

U.S. livestock: Lean hogs finish weaker, set another contract low

Packers losing money processing beef due to tight supply

By Reuters, Tom Polansek January 3, 2024
Chicago Mercantile Exchange lean hog futures set contract lows for a second consecutive session on Wednesday under pressure from ample supplies.

Photo: Getty Images
Crops, Markets

CBOT weekly outlook: Soybeans, grains looking bearish to start 2024

Corn consistently below moving averages a bearish sign says analyst

By Phil Franz-Warkentin January 3, 2024
Soybean, corn and wheat futures all came under pressure to start 2024, with the path of least resistance pointing lower still despite the potential for some end-user bargain hunting.

Soybeans ZSH24 on Jan. 3 with 20 and 50-day moving averages. (Barchart)
Markets

U.S. grains: Soy futures recover from June low as rains benefit Brazil crops

A two-week high in the U.S. dollar also hung over agricultural markets

By Reuters, Tom Polansek January 3, 2024
Chicago Board of Trade soybean futures ended firmer on Wednesday, as the market recovered after favorable rains in Brazilian crop areas sent the market to its lowest levels since June.


Live cattle LEG24 on Jan. 2 with 20 and 50-day moving averages. (Barchart)
Markets

U.S. livestock: CME cattle hit November highs as lean hogs set contract lows

Large supplies of hogs continue to pressure futures, analysts said

By Reuters, Tom Polansek January 2, 2024
Cattle futures stormed higher at the Chicago Mercantile Exchange (CME) on Tuesday, boosted by firmer U.S. cash trading last week, while hog futures set contract lows.

Soybean futures ZSH24 as of Jan. 2, with 20 and 50-day moving averages. (Barchart)
Markets

U.S. grains: Soy futures fall to June low on improved Brazilian crop weather

Corn set a contract low in front-month futures; wheat futures declined

By Reuters, Tom Polansek January 2, 2024
U.S. soybean futures slid to their lowest level since June on the first trading day of the year, after rains hit dry areas of Brazil and forecasts called for more showers.

Lean hogs LEG24 as of Dec. 29. (Barchart)
Markets

U.S. livestock: CME cattle, lean hog futures mixed to lower

China's beef purchases supports live cattle

By P.J. Huffstutter, Reuters December 29, 2023
Chicago Mercantile Exchange (CME) livestock futures were mostly mixed to lower on Friday, on limited technical trading and less-than-robust beef export news ahead of the New Year's holiday.


Photo: iStock/Getty Images.
Markets

U.S. grains: Corn closes with biggest yearly loss in a decade

Wheat, soy decline on bumper Brazil harvest, resilient Black Sea trade

By brendan-obrien, Reuters December 29, 2023
Chicago corn closed on Friday with its biggest yearly drop in a decade while wheat and soybeans also posted steep annual declines after bumper harvests in Brazil and resilient Black Sea trade tempered concerns about weather and war.

CME live cattle futures LEG24 on Dec. 28 with moving averages for 20, 50 and 100 days. (Barchart)
Markets

U.S. livestock: CME cattle, lean hog futures weighed by demand questions

Plains blizzards and cold winter weather stressed animals and impacted weight gain

By P.J. Huffstutter, Reuters December 28, 2023
Chicago Mercantile Exchange (CME) livestock futures mostly ended lower on Thursday, as a sluggish cash market weighed on nearly all cattle markets and hog traders continued to wrestle with concerns about demand for hefty pork supplies, analysts said.

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