Insights and Stories of P.J. Huffstutter

Nov. 10, 2022 at 5:52 pm CST

Chicago | Reuters — Chicago corn, wheat and soybean futures all fell on Thursday as investors across the board sought to take profits amid global supply questions, even as the U.S. dollar tumbled on news that U.S consumer prices rose less than expected in October, traders said. The monthly U.S. […]

By P.J. Huffstutter

Nov. 10, 2022 at 5:42 pm CST

Chicago | Reuters — Live cattle futures firmed at the Chicago Mercantile Exchange (CME) on Thursday, as grain markets came under pressure from investor profit-taking even as the U.S. dollar tumbled on news U.S consumer prices rose less than expected in October, brokers said. December live cattle settled 1.5 cents […]

By P.J. Huffstutter

Nov. 2, 2022 at 9:11 am CDT

Chicago | Reuters – A fungus that causes “vomitoxin” has been found in some U.S. corn harvested this fall, causing headaches for growers and livestock producers and forcing ethanol plants and grain elevators to scrutinize grain deliveries. The situation is another hit to global grain supplies that have sunk to […]

By Mark Weinraub, P.J. Huffstutter

Oct. 11, 2022 at 7:04 pm CDT

Chicago | Reuters — Chicago wheat futures fell back on Tuesday, after jumping to a three-month high a day earlier, as signs of escalation in the war between Russia and Ukraine continued to raise concerns about the viability of Black Sea grain trade in the coming months. Corn futures slipped, […]

By P.J. Huffstutter

Oct. 11, 2022 at 6:19 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Tuesday as supplies tighten, with beef packer margins falling into the negative for the first time in years, traders said. Beef packers lost $14.35 per head on Tuesday, compared to earnings of $1.60 a day earlier and $18.40 […]

By P.J. Huffstutter