Insights and Stories of Julie Ingwersen

U.S. livestock: CME live cattle end up as beef prices rise

Jun. 13, 2023 at 8:06 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed higher on Tuesday, rallying from early declines, as strong beef prices and tight cattle supplies buoyed futures, traders said. CME August live cattle futures settled up 0.725 cent at 173.925 cents/lb. (all figures US$). August feeder cattle […]

U.S. grains: Soybeans reach one-month high on weather woes

Jun. 13, 2023 at 6:02 pm CDT

By Julie Ingwersen

U.S. livestock: CME lean hogs extend climb on bargain-buying

Jun. 12, 2023 at 7:39 pm CDT

By Julie Ingwersen

U.S. grains: Corn climbs on dry conditions

Jun. 12, 2023 at 6:09 pm CDT

By Julie Ingwersen

U.S. livestock: CME cattle extend rally on surging cash market

Jun. 2, 2023 at 7:02 pm CDT

By Julie Ingwersen

U.S. grains: Corn, soy up on weather worries, macroeconomic optimism

Jun. 2, 2023 at 6:20 pm CDT

Chicago | Reuters — U.S. corn and soybean futures closed higher on Friday, lifted by bargain-buying following this week’s multi-month lows, dryness in the Midwest crop belt and spillover strength from equities and crude oil, traders said. Wheat followed the firm trend, drawing additional support from weather concerns in China […]

By Julie Ingwersen

U.S. livestock: CME live cattle soar as cash prices explode

Jun. 1, 2023 at 7:36 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures surged on Thursday as cash cattle traded as high as US$180/cwt in Texas and Kansas, up to US$9 higher than last week, reflecting strong demand from meat-packers amid rising beef prices and tightening cattle supplies, traders said. CME’s most-active August […]

By Julie Ingwersen

U.S. grains: Weather worries lift soybeans, new-crop corn

Jun. 1, 2023 at 4:18 pm CDT

Chicago | Reuters — U.S. soybean futures rose on Thursday on worries about dryness building in the Midwest crop belt, while a setback in the dollar and speculative buying at the start of a new month lent additional support, analysts said. Chicago Board of Trade (CBOT) wheat climbed 2.8 per […]

By Julie Ingwersen

U.S. grains: Wheat bounces off 2-1/2 year low

May. 31, 2023 at 7:49 pm CDT

Chicago | Reuters — Chicago wheat futures closed higher on Wednesday on a round of bargain buying after the benchmark July contract dipped to its lowest level in nearly 2-1/2 years, dragged down by strong competition for export business and macroeconomic worries, brokers said. Similarly, U.S. corn and soybean futures […]

By Julie Ingwersen

U.S. livestock: CME lean hogs bounce on short-covering

May. 31, 2023 at 7:38 pm CDT

Chicago | Reuters — Benchmark July lean hog futures on the Chicago Mercantile Exchange jumped nearly five per cent on Wednesday, extending their two-day rally to 11 per cent on a round of bargain-buying following a months-long slump, traders said. CME July hogs settled up 3.8 cents at 83.325 cents/lb., […]

By Julie Ingwersen