Insights and Stories of Sam Nelson

May. 9, 2013 at 4:35 pm CDT

Chicago Mercantile Exchange (CME) live cattle futures posted tentative gains on Thursday on a rebound from the steep slide since the month began and continued strength in the cash markets, traders and analysts said. “It was oversold, due for a correction, and obviously we’re (futures) a long way under the […]

By Sam Nelson

May. 7, 2013 at 2:42 pm CDT

Chicago Board of Trade (CBOT) corn futures turned higher on Tuesday in a recovery bounce after their biggest plunge in five weeks on Monday as U.S. farmers struggle to plant corn in muddy fields. The pace of corn planting is the slowest pace in 29 years, a bullish market factor […]

By Sam Nelson

Apr. 26, 2013 at 6:11 pm CDT

Chicago Board of Trade (CBOT) wheat futures fell nearly two per cent on Friday on profit-taking, after prices rose the previous session amid concerns about yield losses due to freezes in the U.S. Plains hard red winter wheat region. “There was some profit-taking after yesterday’s pop, a lot of people […]

By Sam Nelson

Apr. 25, 2013 at 5:23 pm CDT

Chicago Board of Trade (CBOT) wheat futures jumped 1.3 per cent on Thursday, posting its biggest one-day advance in two weeks on concerns about production declines in the U.S. Plains hard red winter wheat belt due to freeze damage while soybeans leaped 1.4 per cent, the most in a month, […]

By Sam Nelson

Apr. 24, 2013 at 3:29 pm CDT

Chicago Board of Trade (CBOT) soybean futures fell over one per cent on Wednesday on long liquidation anticipating heavy movement soon of soybean supplies from South America’s bumper harvest. Slow sales of soy from Brazil and Argentina have been helping lift soybean futures but traders said they expected movement to […]

By Sam Nelson