Insights and Stories of Sam Nelson

Feb. 27, 2013 at 5:06 pm CST

Chicago Mercantile Exchange (CME) live cattle futures rose for the fifth consecutive trading session on Wednesday, gaining nearly one per cent to a month high on reduced beef tonnage following winter storms in the U.S. Plains that slashed feedlot cattle weight gains, traders and analysts said. "They’re thinking cash cattle […]

By Sam Nelson

Feb. 26, 2013 at 4:51 pm CST

Chicago Mercantile Exchange (CME) live cattle futures were higher on Tuesday with a major snowstorm slamming into the U.S. Plains’ cattle-feeding states, slashing fed cattle weights and slowing livestock movement, analysts and traders said. "This is the second big storm in five days so there is no doubt we are taking […]

By Sam Nelson

Feb. 22, 2013 at 6:06 pm CST

U.S. soybean futures fell nearly two per cent on Friday on profit-taking after increased purchases from the United States by top soy importer China and a strike by Brazilian port workers had sent prices to a 3-1/2-month peak. "We do have potential for the bullish weather in Argentina and bullish […]

By Sam Nelson

Feb. 20, 2013 at 6:37 pm CST

U.S. soybeans rose nearly one per cent on Wednesday, posting the biggest three-day gain in seven months, on concerns about shrinking old-crop stocks as Argentine harvest prospects wane and brisk exports of U.S. soy draw down razor-thin supplies. Soybeans withstood an across-the-board selloff in commodities triggered by rumours that a […]

By Sam Nelson

Feb. 19, 2013 at 5:41 pm CST

U.S. soybeans jumped three per cent on Tuesday, the biggest advance in seven months, on concerns about crop prospects in Argentina following disappointing rainfall and as China returns to the buy-side of the soybean market after the Lunar holiday. Soybeans also gained support from slow shipments from Brazil, as well […]

By Sam Nelson