Insights and Stories of P.J. Huffstutter

Dec. 29, 2021 at 4:30 pm CST

Chicago | Reuters – Chicago Mercantile Exchange livestock futures climbed on Wednesday, as cash cattle prices firmed on concerns around meat supplies to meet anticipated demand going into next year, traders said. Cattle futures ended higher, as beef carcass cutout prices continued to firm and cash cattle traded higher, traders […]

By P.J. Huffstutter

Dec. 29, 2021 at 4:25 pm CST

Chicago | Reuters – Chicago soybean futures edge up on Wednesday, as concern adverse weather will curb production in top exporter Brazil kept prices close to their highest since August. Corn futures rose on technical trading, as the market closely watches if weather woes in Argentina will impact the country’s […]

By P.J. Huffstutter

Dec. 28, 2021 at 4:50 pm CST

Chicago | Reuters – Chicago soybean futures fell on profit-taking on Tuesday, as uncertainty over weather forecasts in South America continued to spark questions over global supplies, traders said. Wheat prices fell sharply, extending losses from the previous session, as investors began to jockey their positions ahead of the year-end. […]

By P.J. Huffstutter

Dec. 28, 2021 at 4:45 pm CST

Chicago | Reuters – Chicago Mercantile Exchange cattle futures finished higher on Tuesday, as slaughter rates increased and carcass cutout values continued to firm, traders said. There is an expectation of beef prices continuing to firm and demand be strong going into the first quarter of 2022, said Doug Houghton, […]

By P.J. Huffstutter

Dec. 27, 2021 at 8:19 pm CST

Chicago | Reuters — U.S. hog futures rose for the fourth straight trading session on Monday, as the market continued to see support from a government report last week that showed smaller-than-expected national inventory numbers, traders said. Most-active February hog futures settled the day up 0.425 cent at 83.65 cents/lb. […]

By P.J. Huffstutter