Insights and Stories of P.J. Huffstutter

May. 6, 2022 at 5:01 pm CDT

Chicago | Reuters — CME Group live cattle and hog futures slumped on Friday, as investors worried about the prospect of food inflation weighing heavy on U.S. consumer meat demand as the summer grilling season gets underway, analysts said. Benchmark June lean hogs settled the day down 2.975 cents, to […]

By P.J. Huffstutter

Apr. 6, 2022 at 8:29 pm CDT

Chicago | Reuters — For nearly two decades, Abe Sandquist has used every marketing tool he can think of to sell the back end of a cow. Poop, after all, needs to go somewhere. The Midwestern entrepreneur has worked hard to woo farmers on its benefits for their crops. Now, […]

By Bianca Flowers, P.J. Huffstutter, Tom Polansek

Mar. 18, 2022 at 7:10 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures firmed on Friday as nearby grain futures slumped, even as the cash trade continued to be disappointing and investors kept a close eye on diplomatic efforts to end Russia’s invasion of Ukraine, traders said. CME cattle futures were also supported as […]

By P.J. Huffstutter

Mar. 17, 2022 at 6:43 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hogs and feeder cattle futures fell on Thursday on a flurry of technical trading, as feed prices rebounded and investors scrambled to find stable footing amid continued volatility in commodity markets. Live cattle inched up, while cash cattle saw limited action in […]

By P.J. Huffstutter

Mar. 9, 2022 at 3:05 pm CST

Chicago | Reuters — Chicago wheat futures hit their daily trading limit on the downside for the second straight day on Wednesday, as the U.S. government cut domestic wheat exports and global markets continue to be roiled by supply disruptions stemming from Russia’s invasion of Ukraine. Soybean futures turned lower […]

By P.J. Huffstutter