Insights and Stories of Sam Nelson

Nov. 16, 2012 at 5:24 pm CST

U.S. cattle futures rose Friday over improved optimism that lawmakers would work through budget differences and traders awaited the U.S. Department of Agriculture’s October cattle-on-feed report. Livestock futures also have been finding support from declining Chicago (CBOT) corn and soymeal, which will lower feed costs. Corn turned firm late on […]

By Sam Nelson

Nov. 1, 2012 at 5:21 pm CDT

 U.S. live cattle futures ended down on Thursday on pressure from weak cash cattle and wholesale beef markets, and feeder cattle fell on signs feed costs may again be rebounding, analysts and traders said.  "Cattle were technically weak and I think fundamentals are weak but I’m bearish so let’s just say […]

By Sam Nelson

Oct. 25, 2012 at 5:22 pm CDT

U.S. soybean futures fell on Thursday, reversing three days of gains, while corn dropped more than one per cent on tepid U.S. export sales and mounting concerns about weak demand. Wheat was down one per cent, posting its biggest loss in two weeks, and on the heels of Wednesday’s nearly […]

By Sam Nelson

Oct. 24, 2012 at 4:18 pm CDT

U.S. wheat futures rose nearly two per cent on Wednesday, the biggest rally in two weeks, as Ukraine banned wheat exports from Nov. 15 in a move that could shift demand to the United States. Chicago Board of Trade (CBOT) wheat surged when the benchmark December contract broke above chart […]

By Sam Nelson

Oct. 23, 2012 at 6:17 pm CDT

U.S. grain futures eased Tuesday, pressured by a stronger dollar and lower equities amid renewed concerns about the global economy, with wheat dropping one per cent, reversing four days of gains. Soybeans fell early in the day but later bucked the broad-based commodities selloff and ended up for the second […]

By Sam Nelson