Insights and Stories of P.J. Huffstutter

U.S. grains: Chicago corn futures hit new lows

Dec. 20, 2023 at 5:17 pm CST

Chicago front-months' corn contracts hit new lows on Wednesday after the U.S. government closed two key rail crossings into Mexico, the top importer of U.S. corn, in response to rising migrant crossings.

U.S. livestock: Cattle futures firm on hopes of higher cash prices

Dec. 20, 2023 at 5:07 pm CST

By P.J. Huffstutter Reuters

Exterior of the Chicago Board of Trade building.

U.S. grains: Chicago soybeans turn lower on rain forecast in Brazil

Dec. 19, 2023 at 5:29 pm CST

By P.J. Huffstutter Reuters

U.S. livestock: CME live cattle mixed, feeder cattle firm

Nov. 10, 2023 at 6:46 pm CST

By P.J. Huffstutter

U.S. livestock: Cattle sell-off sends nearby contracts plunging

Nov. 9, 2023 at 7:37 pm CST

By P.J. Huffstutter

U.S. livestock: Cattle futures rally late in session on technical buying

Nov. 8, 2023 at 4:59 pm CST

Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures saw a choppy day of trading on Wednesday, before rallying later in the session on short-covering and technical buying, traders said. December live cattle futures dipped below its 200-day moving average of $177.50 before bouncing up (all figures US$). January […]

By P.J. Huffstutter

U.S. livestock: CME cattle futures mixed as packer margins stay in red

Oct. 18, 2023 at 6:52 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures were mixed on Wednesday, as beef packer margins stayed in the red and cash cattle prices were expected to be steady to higher, traders said. Hog futures were also mixed on the day. February and May lean hog futures dipped to […]

By P.J. Huffstutter

U.S. grains: Wheat firms on bargain buying, corn follows suit

Oct. 18, 2023 at 6:49 pm CDT

Chicago | Reuters — Chicago wheat futures rose for the first time in three sessions on bargain buying on Wednesday, with corn futures following, traders said. Wheat futures also gained a mid-session boost on rekindled market speculation that India, a leading wheat producer, may be tight on supplies. India raised […]

By P.J. Huffstutter

U.S. grains: Soybeans hold firm with harvest, domestic demand in focus

Oct. 17, 2023 at 4:56 pm CDT

Chicago | Reuters — Chicago Board of Trade soybean futures firmed for a second straight session on Tuesday amid thin technical trading, as strong domestic demand eased concerns about supplies growing as the U.S. harvest continued. Corn inched down while traders monitored the U.S. harvest progress, as investors watched Israel’s […]

By P.J. Huffstutter

U.S. livestock: CME cattle futures rise on supply concerns

Oct. 17, 2023 at 4:53 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures firmed on Tuesday, amid ongoing concern over animal weights shrinking and a steady stream of heifers being sent to slaughter, traders said. Rising cash cattle prices also gave the beef market a boost on the day, traders said. The U.S. Department […]

By P.J. Huffstutter

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Insights and Stories of P.J. Huffstutter

U.S. grains: Chicago corn futures hit new lows

U.S. livestock: Cattle futures firm on hopes of higher cash prices

U.S. grains: Chicago soybeans turn lower on rain forecast in Brazil

U.S. livestock: CME live cattle mixed, feeder cattle firm

U.S. livestock: Cattle sell-off sends nearby contracts plunging

U.S. livestock: Cattle futures rally late in session on technical buying

U.S. livestock: CME cattle futures mixed as packer margins stay in red

U.S. grains: Wheat firms on bargain buying, corn follows suit

U.S. grains: Soybeans hold firm with harvest, domestic demand in focus

U.S. livestock: CME cattle futures rise on supply concerns

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