Chicago Mercantile Exchange cattle futures firmed on Tuesday, amid a flurry of technical trading, weakness in corn futures Cv1 and strength in the wholesale beef pricing, market analysts said.
Tag Archives futures — page 33
U.S. cattle: Cattle futures bounce higher on technical trading, hogs mixed
U.S. grains: Soybeans, wheat rise on technical trading, poor Brazilian weather
Chicago Board of Trade wheat and soybean futures all turned higher on Tuesday as a stubbornly bearish market gained support from weather issues in Brazil and a flurry of short covering as funds shift out of their huge net short positions.
Klassen: Yearling price trend stalls while calves ratchet higher
Larger players aggressively securing lightweight calves on expectations of low yearling supplies
Western Canadian feedlots are carrying sufficient numbers for the time being and feeding margins remain deep in red ink on unhedged cattle. Secondly, carcass weights are sharply above year-ago levels and Alberta finishing lots are backed up with market-ready supplies.
U.S. livestock: CME livestock futures mostly lower on technical trading
Chicago Mercantile Exchange livestock futures closed mostly lower on Monday, as market participants sought profits and continued to adjust their positions as part of the so-called Goldman roll, traders said.
U.S. grains: Soybeans fall on supply pressures; corn and wheat turn higher
Chicago Board of Trade (CBOT) soybean futures drifted lower on Monday, amid ongoing pressure from a hefty global supply and signs of investors hunting for profits, traders said.
U.S. grains: Wheat futures bounce after 3-1/2 year low; soy, corn climb
Hefty global grain supplies, competition for export business anchor prices
Chicago Board of Trade soybean and corn rose on Friday, extending their recovery from three-year lows set last month, following an uneventful monthly supply/demand report from the U.S. Department of Agriculture (USDA), analysts said.
U.S. grains: Wheat sags to 3-1/2-year low
Corn, soy firm ahead of USDA data
Chicago Board of Trade (CBOT) wheat futures ended mostly lower on Thursday with the benchmark contract Wv1 tumbling to a fresh 3-1/2-year low late in the session after China cancelled a purchase of U.S. wheat and Egypt scrapped an international purchase tender, traders said.
U.S. livestock: CME lean hog futures touch three-week low
CME live cattle futures also declined in range-bound trade
Chicago Mercantile Exchange lean hog futures fell on Wednesday for a third straight session in largely technical trade, analysts said, with the benchmark April contract LHJ24 dipping to a three-week low.
U.S. grains: Wheat hits 3-1/2-year low on export competition
Corn drifted upward, soybeans declined
Benchmark Chicago wheat futures tumbled to their lowest point in more than three years on Wednesday as low prices in an Algerian import tender this week highlighted stiff global export competition from Black Sea grain supplies, traders said.
CBOT weekly outlook: Little to come from March S/D report
Exports the most likely category to see changes, analyst says
There will likely not be a lot of notable changes in the March supply and demand report from the United States Department of Agriculture.
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