Insights and Stories of P.J. Huffstutter

Oct. 13, 2021 at 4:47 pm CDT

Chicago | Reuters — Chicago corn futures dipped to a four-week low on Wednesday as the grain markets continued to feel pressure from higher than expected forecasts of U.S. supplies, traders said. Soybean futures fell further, a day after the U.S. Department of Agriculture (USDA) projected U.S. soybean and corn […]

By P.J. Huffstutter

Oct. 12, 2021 at 4:02 pm CDT

Chicago | Reuters — Chicago soybean futures dropped on Tuesday to the lowest seen since December 2020, after a U.S. government report pegged soybean and corn production to be bigger than traders had previously expected. The monthly world agricultural supply and demand estimates (WASDE) report pegged the soybean crop at […]

By P.J. Huffstutter

Oct. 11, 2021 at 8:06 pm CDT

Chicago | Reuters — Chicago soybean futures slumped on Monday, as traders jockeyed for position on what is shaping up to be a large U.S. harvest and ahead of what is expected to be a bearish U.S. production forecast this week. The benchmark Chicago Board of Trade November soybean futures […]

By P.J. Huffstutter

Oct. 11, 2021 at 8:00 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures ended mixed on Monday, as cattle prices began to see a seasonal bounce and cash cattle traders were expected to firm slightly this week, traders said. CME lean hog futures, meanwhile, slipped on technical trading and some signs of profit-taking, traders […]

By P.J. Huffstutter

Oct. 7, 2021 at 4:01 pm CDT

Chicago | Reuters — Technical buying and a steady cash market helped fuel Chicago Mercantile Exchange live and feeder cattle futures on Thursday, sending prices to multi-week highs and stretching the rally into a fourth trading session, traders said. Most-active November feeder cattle touched its highest price since Sept. 9 […]

By P.J. Huffstutter