U.S. livestock: Live cattle futures jump on tightening supplies

Lower wholesale pork values drag on hogs

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed higher on Thursday on expectations that tight cattle supplies and rising demand for beef will buoy cash cattle markets, analysts said. Cash cattle traded lightly in the southern Plains this week at $106/cwt, the U.S. Department of Agriculture reported, even with last week (all figures US$). […] Read more

U.S. grains: Corn, wheat hit two-week lows on COVID-19 fears

Commodity selling continues dragging on grains, analysts say

Reading Time: 2 minutes Chicago | Reuters — U.S. grain futures extended losses on Thursday, with corn and wheat hitting two-week lows as concerns over the COVID-19 pandemic’s economic impact weighed on prices. Improving global crop weather added pressure on prices, with rains benefiting dry wheat-growing areas in the U.S. and Russia and soybean-producing regions of Brazil, traders said. […] Read more


U.S. grains: Crop prices slide as pandemic concerns rattle markets

Traders await U.S. export sales data Thursday

Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures fell on Wednesday as part of a broad sell-off in markets fueled by concerns about the economic impact of a global surge in COVID-19 cases, traders said. Losses in agricultural futures pulled corn prices back from a 14-month high reached on Tuesday and soybean prices down […] Read more

U.S. livestock: Lean hogs fall on declining wholesale pork prices

Steady beef demand lifts cattle futures

Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures fell on Wednesday on weaker wholesale pork prices, while cattle futures advanced on steady beef demand, traders said. The U.S. pork cutout, an indication of wholesale pork prices, fell by $4.31, to $84.52/cwt, according to the U.S. Department of Agriculture (all figures US$). Prices eased for pork […] Read more


U.S. grains: Corn futures fall after hitting 14-month high

Rains expected to benefit wheat crops; traders watch China to buy more U.S. corn, soy

Reading Time: < 1 minute Chicago | Reuters — Chicago Board of Trade corn futures ended lower on Tuesday after reaching their highest prices in more than a year on strong U.S. export demand. Soybean futures backpedaled after hitting their highest price since July 2016 on Monday. Wheat also slumped. Profit-taking weighed on corn after prices initially rose on a […] Read more

U.S. livestock: Live cattle rebound as trade adjusts to supply shock

Hogs lower, cash market supportive

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures rebounded on Tuesday, as packers kept processing at a higher-than-usual pace, despite a bearish Cattle on Feed report, traders said. Meanwhile, hog futures eased slightly on Tuesday, as falling cutout prices have carved into packer margins, traders said. CME December live cattle futures gained 0.65 cent to […] Read more

CBOT weekly outlook: After October rally, November ‘is for bears’

Reading Time: < 1 minute MarketsFarm — Commodities on the Chicago Board of Trade (CBOT) have seen a counter-season rally, with a correction expected in the near future. “Markets are definitely overbought,” said Scott Capinegro of Barrington Commodity Brokers in Barrington, Ill. “It’s harvest and we’re still rallying.” World weather conditions are part of the driving force behind the rally, […] Read more


U.S. livestock: Live cattle hit lowest price since June under supply pressure

December lean hogs close up off recent low

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures fell on Monday, with the most-active contract touching its lowest price since June under pressure from a larger-than-expected number of cattle on feed in the United States, traders said. The U.S. Department of Agriculture, in a monthly report issued after the markets closed on Friday, said 11.7 […] Read more

U.S. grains: Soybeans hit four-year peak on Chinese demand

U.S. winter wheat crop rating misses estimates

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures set their highest price in more than four years on Monday, rising for a sixth consecutive session on strong Chinese demand. Corn futures retreated from a 14-month peak hit on Friday, while wheat futures tumbled as global crop weather improved. Traders are keeping a close eye on China’s […] Read more