Insights and Stories of Christopher Walljasper

Jul. 22, 2020 at 4:23 pm CDT

Chicago | Reuters — Chicago corn and soybeans futures climbed on Wednesday as news of Chinese purchases offset strong yield prospects after recent rain across the U.S. Midwest offered relief to pollinating corn crops. Both commodities gained even after the United States ordered China to close a consulate in Houston, […]

By Christopher Walljasper

Jul. 21, 2020 at 6:10 pm CDT

Chicago | Reuters — U.S. live cattle futures closed lower on Tuesday for a second consecutive session after key contracts reached more-than-four-month highs last week as processors continued to cut into a surplus of market-ready cattle, traders said. Concerns about a piecemeal economic reopening as coronavirus cases flare up across […]

By Christopher Walljasper

Jul. 21, 2020 at 5:17 pm CDT

Chicago | Reuters — Chicago soybean futures fell on Tuesday, despite renewed exports to China, after the U.S. Agriculture Department issued better-than-expected weekly crop ratings. Corn also eased on better-than-expected crop conditions and favourable U.S. weather as traders eyed record yield potential this fall. The Chicago Board of Trade’s most […]

By Christopher Walljasper

Jul. 20, 2020 at 5:33 pm CDT

Chicago | Reuters — Chicago corn futures dropped on Monday, as rainfall strengthened crop conditions during a crucial stage in development. Soybean futures gained for a fifth consecutive session on renewed Chinese demand and support from the soybean oil market. Wheat, meanwhile, sank as harvest across the U.S. Great Plains […]

By Christopher Walljasper

Jul. 20, 2020 at 5:19 pm CDT

Chicago | Reuters — U.S. live cattle futures closed lower on Monday, pulling back after a rally last week on signs that meatpackers may be working through backlogs of market-ready cattle, traders said. Although slaughter rates have returned to pre-coronavirus levels, cattle remain heavier after backing up in feedlots when […]

By Christopher Walljasper