Insights and Stories of P.J. Huffstutter

Dec. 23, 2019 at 2:05 pm CST

Chicago | Reuters – U.S. hog futures eased back on Monday, ahead of a quarterly government report that is expected to show a healthy boost to the size of the U.S. hog herd, traders said. The U.S. Department of Agriculture’s quarterly Hogs and Pigs report is expected to show the […]

By P.J. Huffstutter

Dec. 19, 2019 at 4:57 pm CST

Chicago | Reuters — The U.S.-China trade war has accelerated Brazilian efforts to erode the United States’ share of the world soybean export market, and some of the shifts in global grain flows could last for years, according to executives at CHS Inc., the largest U.S. farmer co-operative. Even with […]

By Karl Plume, P.J. Huffstutter

Dec. 17, 2019 at 5:03 pm CST

Chicago | Reuters — U.S. hog futures slipped on Tuesday, as uncertainty about details from the U.S.-China “Phase 1” trade agreement continued to make the market nervous, brokers said. Meanwhile, Chicago Mercantile Exchange (CME) live and feeder cattle futures continued to consolidate after Friday’s big price rally in the wake […]

By P.J. Huffstutter

Dec. 16, 2019 at 5:08 pm CST

Chicago | Reuters — U.S. cattle futures remained relatively steady on Monday but funds continued to hold their long positions in anticipation of a surge of demand for U.S. meat after the U.S.-China “Phase 1” trade agreement is finalized, traders said. U.S. lean hog futures inched upward, rising for a […]

By P.J. Huffstutter

Nov. 29, 2019 at 6:23 pm CST

Corrected, Nov. 30 — Chicago | Reuters — Chicago wheat futures exploded to a five-month high on Friday due to threats to global production and as fund scrambled to cover their short positions in the post-holiday market, traders said. The wheat rally gave support to Chicago corn futures, which hit […]

By P.J. Huffstutter