Insights and Stories of P.J. Huffstutter

Jun. 29, 2022 at 3:53 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures eased on Wednesday, as packers prep for a short processing week after the Fourth of July holiday in the United States, traders said. Packers’ purchases are expected to slow by the end of the week, to avoid having pens full […]

By P.J. Huffstutter

Jun. 29, 2022 at 3:48 pm CDT

Chicago | Reuters – Chicago spot corn and soybean futures extended gains on Wednesday, as traders adjusted their positions ahead of a government crop report, traders said. But the most-active and deferred corn contracts eased downward, as latest forecasts see an increased chance of rain in U.S. growing areas as […]

By P.J. Huffstutter

Jun. 28, 2022 at 4:26 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange spot live cattle futures rose on Tuesday, as the northern cash market continued to trade at a record premium over the south amid drought-hit grazing grounds, traders said. But CME’s benchmark August live cattle futures LCQ2 and deferred contracts slipped on worries about the health […]

By P.J. Huffstutter

Jun. 28, 2022 at 4:22 pm CDT

Chicago | Reuters – Chicago corn futures bounced higher on Tuesday, after a U.S. government crop conditions report showed good-to-excellent ratings for corn fell more than expected, raising concerns about the Midwest crop as it heads toward a key pollination phase of development. Wheat futures rallied on short-covering and bargain […]

By P.J. Huffstutter

May. 19, 2022 at 6:27 pm CDT

Chicago | Reuters — Chicago wheat futures fell on Thursday, giving back more of their recent gains, as traders sought to take profits amid mixed crop weather in the Northern Hemisphere and wider concerns about an economic slowdown. Meanwhile, soybean and soybean meal futures jumped on news of robust international […]

By P.J. Huffstutter