Insights and Stories of Sam Nelson

Apr. 2, 2013 at 8:55 am CDT

Chicago Mercantile Exchange (CME) feeder cattle closed up 2.125 cents per pound or 1.5 per cent higher on Monday, notching a one-month high triggered by plunging corn futures prices following a bearish government corn stocks report, traders said. “It’s all because of corn… corn is down 70 to 80 cents […]

By Sam Nelson

Mar. 27, 2013 at 8:34 am CDT

A deep freeze early this week likely harmed some of the hard red winter wheat crop in the southern U.S. Plains, adding to the woes of a lingering drought, crop experts and agricultural meteorologists said on Tuesday. “It (the freeze) was well within the parameters of damage in southwest Kansas, […]

By Sam Nelson

Mar. 22, 2013 at 4:35 pm CDT

Chicago Board of Trade (CBOT) corn futures slid one per cent while soybeans eased half a percent on Friday. as investors squared positions after fund buying earlier in the week boosted prices, leaving each commodity vulnerable to a downward correction. Wheat inched up in late trading on late week buying […]

By Sam Nelson

Mar. 22, 2013 at 3:10 pm CDT

Chicago Board of Trade (CBOT) soybean futures rose two per cent on Thursday, the biggest one-day advance in a month, on technical buying, tight stocks in the United States and on difficulty shipping soy from top global soy producer Brazil. A spate of speculative and cash-connected buying drove active spot […]

By Sam Nelson

Mar. 20, 2013 at 4:36 pm CDT

Chicago Board of Trade (CBOT) wheat futures rose to a three-week high on Wednesday on brisk demand from feeders and exporters, while corn rose to a six-week high with the market buoyed by tight stocks, firm cash and slow farm sales. “Wheat strength is the easier trend to identify today. […]

By Sam Nelson