Insights and Stories of P.J. Huffstutter

Oct. 28, 2019 at 2:30 pm CDT

Chicago | Reuters – U.S. live cattle futures extended their rally on Monday, lifted by strong cash cattle and beef prices, and funds continuing to add to their positions, traders said. The wholesale choice beef price hit $227.51 per cwt on Monday, up $2.07, the U.S. Department of Agriculture (USDA) said. The […]

By P.J. Huffstutter

Oct. 28, 2019 at 2:10 pm CDT

Chicago | Reuters – U.S. soybean futures inched up on Monday, rising off a two-week low touched on Friday on hopes for progress in trade talks between Washington and Beijing to settle a conflict that has heavily reduced U.S. agricultural exports to China. Meanwhile, corn and wheat futures slipped on […]

By P.J. Huffstutter

Oct. 22, 2019 at 1:13 pm CDT

Harrod, Ohio | Reuters — After completing a credit review in a half-hour phone call, a BMO Harris Bank underwriter cleared US$12 million in loans for Ohio corn and soybean producer Greg Kruger in 2013. Kruger had initially asked for a $2 million loan to build a grain elevator. But […]

By P.J. Huffstutter

Sep. 27, 2019 at 6:29 pm CDT

Chicago | Reuters — U.S. live and feeder cattle futures on Friday surged to their highest prices seen in nearly a month, as the cash market began to firm and traders grew more bullish about export demands after the U.S. and Japan signed a limited trade deal this week. The […]

By P.J. Huffstutter

Sep. 27, 2019 at 5:20 pm CDT

Chicago | Reuters –– Chicago Board of Trade (CBOT) corn and soybean futures closed lower on Friday, as weather forecasts showed fewer yield risks to Midwest crops ahead of harvesting, as traders jockeyed for positioning ahead of a U.S. grain stocks report slated for Monday, traders said. Meanwhile, CBOT wheat […]

By P.J. Huffstutter