Insights and Stories of P.J. Huffstutter

Feb. 7, 2024 at 5:33 pm CST

Chicago corn prices dipped to a new three-year low on Wednesday, as weather charts showed a hot, dry spell in Argentina will give way to widespread rain in the coming days, traders said.

By P.J. Huffstutter, Reuters

Feb. 7, 2024 at 5:28 pm CST

Chicago Mercantile Exchange cattle futures turned lower on profit-taking on Wednesday, even as rising wholesale beef prices and a firming cash market continued to offer support to the market, traders said.

By P.J. Huffstutter, Reuters

Feb. 5, 2024 at 5:28 pm CST

Chicago Board of Trade soybeans futures on Monday rose on technical trading ahead of a slew of key government crop reports, after the most-active contract Sv1 touched the lowest price since December of 2020, traders said.

By P.J. Huffstutter, Reuters

Feb. 5, 2024 at 5:05 pm CST

Chicago Mercantile Exchange cattle futures ended the day lower on Monday, as market participants sought to take profits after live cattle futures hit a nearly three-month high in the previous session, traders said.

By P.J. Huffstutter, Reuters

Jan. 16, 2024 at 5:27 pm CST

Chicago Board of Trade soybean futures ended higher on Tuesday on a technical bounce, amid a day of volatile trading and a flurry of news with conflicting pricing guidance, traders said.

By P.J. Huffstutter, Reuters