Insights and Stories of Sam Nelson

U.S. corn jumps two per cent on soaring cash markets

Jun. 17, 2013 at 2:23 pm CDT

Chicago Board of Trade (CBOT) corn futures leaped over two per cent on Monday, posting the biggest one-day advance in nearly a month on soaring cash corn markets and tight stocks of corn. “July (old-crop) is definitely benefiting from the firm cash basis and tight near-term supplies. The western Corn […]

U.S. cattle futures lower as beef eases

Jun. 7, 2013 at 4:49 pm CDT

By Sam Nelson

U.S. cattle futures gain on short-covering

Jun. 6, 2013 at 3:53 pm CDT

By Sam Nelson

U.S. cattle futures dip as beef eases; cash seen lower

Jun. 5, 2013 at 4:39 pm CDT

By Sam Nelson

U.S. corn, soy jump one per cent on planting snarls

May. 31, 2013 at 2:18 pm CDT

By Sam Nelson

U.S. wheat drops on worries about GM wheat find

May. 30, 2013 at 2:00 pm CDT

Chicago Board of Trade wheat futures fell on Thursday on concerns about the fate of U.S. wheat exports following the discovery of an unapproved genetically modified (GM) wheat variety in the U.S. Pacific Northwest (PNW). Japan, the top importer of U.S. wheat, canceled a tender to buy western white wheat […]

By Sam Nelson

U.S. hogs up on firm cash as trade ponders Smithfield deal

May. 29, 2013 at 6:29 pm CDT

Chicago Mercantile Exchange (CME) lean hog futures rose on Wednesday on firm cash hog markets while traders digested news that a Chinese firm said it would buy U.S.-based Smithfield Foods, the world’s largest pork producer. “Cash hogs are strong. There’s a lot of talk about the Smithfield purchase on the […]

By Sam Nelson

U.S. soy crumbles as China cancels purchases

May. 29, 2013 at 6:17 pm CDT

Chicago Board of Trade (CBOT) soybean futures fell on Wednesday following news that China, the world’s largest buyer of soybeans, had cancelled an order for U.S. soy. Corn was mixed, with old-crop falling on profit-taking. But new-crop December rose for the fifth day in a row, hitting a one-month high […]

By Julie Ingwersen Sam Nelson

Soggy U.S. weather propels corn, soybean prices

May. 28, 2013 at 3:25 pm CDT

Chicago Board of Trade (CBOT) corn and soybean futures rallied Tuesday with soy leaping more than two per cent, the most in two weeks, as wet U.S. weather threatened to trim crop acreage and yields. New-crop December corn futures, the corn contract most affected by planting delays, rose 2.7 per […]

By Sam Nelson

U.S. soybeans rise for sixth straight day on thin supplies

May. 23, 2013 at 5:54 pm CDT

U.S. soybean prices rose for a sixth consecutive session on Thursday and struck an eight-month high as the dwindling cash supply left from the drought-plagued 2012 harvest sparked commercial buying in futures. Chicago Board of Trade (CBOT) wheat futures leaped more than two per cent, advancing for the second day […]

By Karl Plume Sam Nelson