Paris | Reuters — British market intelligence firm Mintec announced on Tuesday the acquisition of Agribriefing in a deal it said would create a leading global provider of data on agricultural and food markets. Financial details were not disclosed. Agribriefing’s businesses include protein price-reporting agency Urner Barry and crop consultancy Strategie Grains, the latter acquired […] Read more
Tag Archives futures — page 105
Mintec acquires Agribriefing to expand agrifood data offering
U.S. grains: Corn up off three-week lows on technicals, Argentine drought
Wheat sinks to 15-month low on weak U.S. exports; soybeans also down
Chicago | Reuters — U.S. corn futures ended mixed on Tuesday after a technical and bargain-buying bounce from three-week lows faded as dull demand for U.S. exports overshadowed concerns about Argentina’s drought-reduced harvest. Soybeans ended mostly lower while wheat fell to its lowest in 15 months on good global supplies and weak demand for U.S. […] Read more
Klassen: Feeder market looks upward
Quality of available cattle contributes to volatility
Western Canadian feeder cattle prices were quite variable. Compared to three weeks ago, Alberta prices were steady to $2/cwt higher while in Saskatchewan, prices were $8-$10/cwt higher on average with lighter-weight cattle jumping as much as $15. For example, in central Alberta, higher-quality 800-lb. steers were trading from $230 to $235 and 600-pounders were valued […] Read more
Fund traders back on the long side in canola
Net long also extended in CBOT corn, soy
MarketsFarm — Speculators in ICE canola moved back to a net long position in the futures to start the New Year, according to the latest Commitment of Traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money long position in ICE Futures canola came in at 6,805 contracts on Jan. […] Read more
U.S. livestock: CME hogs up off three-month low on bargain buying
Chicago cattle futures also gain
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures bounced from a three-month low on Monday and settled higher for the first time in eight sessions in a technical and bargain-buying rally to start the first full trading week of the year. Cattle futures also gained on improved packer demand following recent weeks of […] Read more
U.S. grains: Corn, soy, wheat end lower as market awaits USDA reports
Grain trade also monitoring Brazil
Chicago | Reuters — U.S. corn futures fell on Monday for the sixth time in seven sessions and wheat and soybeans finished mostly lower, as investors weighed weather-reduced production in some areas of South America against tepid demand for U.S. supplies. Wheat futures also retreated as late-session technical selling eroded earlier support from a weaker […] Read more
Prairie cash wheat: Bids lower as futures take a hit
CWRS values mixed; CPSR and durum down
MarketsFarm — Coming out of the holiday season, most western Canadian wheat bids were slightly lower for the week ended Thursday, as wheat futures in the U.S. continued to be bearish. U.S. wheat exports continue to fall behind last year’s pace, as cheaper Russian wheat floods the market due to a potential record crop and […] Read more
U.S. grains: Wheat posts biggest weekly loss in six months
Soybeans, soymeal rally on Argentina drought
Chicago | Reuters — Chicago Board of Trade wheat futures weakened on Friday and posted their biggest weekly decline in six months as ample supplies from the Black Sea region weighed on prices, analysts said. Soybean and soymeal futures rallied amid increasing concerns about drought hurting crops in Argentina, the world’s leading exporter of processed […] Read more
U.S. livestock: CME lean hogs extend slide to three-month low
Cattle also lower; "no urgency in this market right now"
Chicago | Reuters — CME lean hog futures sank to a three-month low and closed weaker for the seventh consecutive session on Friday on concerns about weak demand, brokers said. An increase in hog weights also hung over the market, after recent winter storms delayed processing and backed up livestock on farms, brokers said. Pork […] Read more
U.S. grains: Wheat up off nearly four-week low
Corn, soy futures set two-week lows
Chicago | Reuters — Chicago Board of Trade wheat futures turned higher on short-covering and bargain buying on Thursday after dropping to their lowest price in almost four weeks, analysts said. Corn and soybeans set two-week lows as concerns about demand and economic headwinds, including the impact of surging COVID-19 cases in China, continued to […] Read more
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