Insights and Stories on International

CBOT weekly outlook: Harvest pressure weighing on prices

Oct. 4, 2023 at 7:32 pm CDT

MarketsFarm — As harvests of soybeans, corn and spring wheat advanced in the United States, trader John Weyer of Walsh Commercial Hedging Services said the pressure on those commodities was going to continue over coming weeks. “We might test some technical levels, see some selloffs a bit and get some […]

Britain says Russia may target civilian shipping with mines in Black Sea

Oct. 4, 2023 at 7:01 pm CDT

By Reuters

U.S. livestock: CME hog futures break losing streak

Oct. 4, 2023 at 5:49 pm CDT

By Reuters

U.S. grains: Chicago soybeans firm, risk aversion caps gains

Oct. 4, 2023 at 3:49 pm CDT

By Zachary Goelman

U.S. grains: Chicago soybeans drop in choppy trade

Oct. 3, 2023 at 7:55 pm CDT

By Zachary Goelman

U.S. livestock: CME cattle futures drop on technical selling

Oct. 3, 2023 at 7:51 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Tuesday, pressured by technical selling and demand concerns, traders said. Hog futures notched their third straight losing session as the government’s bigger-than-expected supply report from last week continued to weigh on the market. The benchmark CME December lean hogs […]

By Reuters

U.S. grains: Chicago wheat up off three-year low after steep sell-off

Oct. 2, 2023 at 5:54 pm CDT

Reuters — Chicago wheat futures rebounded on Monday on what one analyst characterized as “bottom-picking” after prices dropped more than six per cent to three-year lows on Friday. Corn followed wheat higher, but soybeans prices remained low after news reports of Brazilian farmers planting at a rapid clip. The U.S. […]

By Zachary Goelman

U.S. livestock: CME lean hogs extend selloff on supply view

Oct. 2, 2023 at 5:47 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell sharply for the second day in a row, hitting a four-month low as traders adjusted their expectations for prices to reflect the U.S. government’s bigger-than-expected supply view. “We simply don’t need the sow base we currently have or need […]

By Reuters

Fund net short position grows in canola

Sep. 30, 2023 at 12:57 pm CDT

MarketsFarm — The managed money net short position in the ICE Futures canola market more than doubled during the week ended Tuesday on a combination of long liquidation and new bearish bets going on the books, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading […]

By Phil Franz-Warkentin

U.S. stocks data bearish for soybeans, bullish on corn

Sep. 30, 2023 at 12:45 pm CDT

MarketsFarm — The U.S. corn carryout for the 2022-23 crop year came in below average trade guesses while soybean supplies were above expectations, according to the quarterly stocks report from the U.S. Department of Agriculture released Friday. There were 1.36 billion bushels of corn in storage in the country as […]

By Phil Franz-Warkentin