Insights and Stories of P.J. Huffstutter

Nov. 2, 2021 at 5:09 pm CDT

Chicago | Reuters – Chicago wheat futures eased on Tuesday after rising to their highest level in almost nine years, as the declining condition of the U.S. winter crop raised worries over global supply at a time of tight stocks and strong international demand. U.S. wheat prices fell later in […]

By P.J. Huffstutter

Nov. 2, 2021 at 5:04 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures slipped on Tuesday, as uncertainty over Chinese pork demand continued and animal weights were expected to increase on cooling U.S. temperatures, analysts said. Meanwhile, Chicago’s cattle futures firmed a bit on Tuesday, amid steady slaughter rates and market expectations that […]

By P.J. Huffstutter

Oct. 26, 2021 at 5:10 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange cattle futures rose to their highest in more than seven weeks on Tuesday, with traders noting follow-through buying after the market rallied on Monday. Concerns about supplies and strength in the cash market underpinned cattle futures. CME December live cattle futures settled up […]

By P.J. Huffstutter

Oct. 25, 2021 at 5:29 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange cattle futures rose on Monday, as the market continued to be bolstered by a government report showing fewer cattle placements than expected, traders said. The USDA’s monthly cattle on feed report, released after the market close on Friday, showed September cattle placements at […]

By P.J. Huffstutter

Oct. 25, 2021 at 5:24 pm CDT

Chicago | Reuters – Chicago wheat futures surged to a two-month high on Monday, as heavy world demand and worries about the global availability of high-protein wheat extended market gains. Soybeans were also firm, helped by renewed strength in the energy and vegetable oil markets. The most-active soft red winter […]

By P.J. Huffstutter