Insights and Stories of P.J. Huffstutter

Dec. 30, 2022 at 3:50 pm CST

Chicago | Reuters — CME livestock futures eased back on Friday, as traders sought profits after cattle futures hit new contract highs in the previous session and on pressure from a run-up in grains, traders said. U.S. livestock markets will be closed Monday for the New Year holiday. On Tuesday, […]

By P.J. Huffstutter

Dec. 29, 2022 at 5:45 pm CST

Chicago | Reuters — Chicago soybean futures rose on Thursday, after rallying earlier in the day to the highest price since June, as investors tracked forecasts for much-needed rain across Argentine crops and China’s dropping of strict COVID-19 measures. But the price rally was capped by investors looking to capture […]

By P.J. Huffstutter

Dec. 29, 2022 at 5:38 pm CST

Chicago | Reuters — CME live cattle futures and several deferred feeder cattle futures hit new contract highs on Thursday, as shrinking weights of market-ready cattle and concerns over smaller supplies helped fuel a price rally, traders said. Ongoing concerns over the recent severe winter storm impacting the livestock sector […]

By P.J. Huffstutter

Dec. 19, 2022 at 5:15 pm CST

Chicago | Reuters — Seeds and pesticides company Corteva will eliminate U.S. jobs next year, as its exit from Russia reduces demand for its commercial sunflower seeds produced in California, the company said on Monday. Corteva will cut 51 positions from a Woodland, California facility, run by its Pioneer Hi-Bred […]

By P.J. Huffstutter, Tom Polansek

Nov. 25, 2022 at 5:39 pm CST

Chicago | Reuters — Chicago Board of Trade corn futures ended higher on Friday as the market continues to closely watch the weather in South America, on what turned into a relatively choppy and short trading day, analysts said. Meanwhile, wheat futures fell sharply — with the December contract hitting […]

By P.J. Huffstutter