Insights and Stories on International

U.S. livestock: Short-covering, bargain buying boost CME hogs

Aug. 30, 2017 at 5:33 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Wednesday after bargain buyers and investors covering short positions reversed Tuesday’s slide to an 8-1/2 month low, traders said. Prior to Wednesday’s session CME hogs had a relative strength index (RSI) reading of 17. An RSI below […]

Harvey’s floods scatter cattle in Texas, swamp cotton fields

Aug. 29, 2017 at 6:32 pm CDT

By Karl Plume Theopolis Waters

U.S. grains: Corn hits contract low ahead of big harvest

Aug. 29, 2017 at 4:09 pm CDT

By Michael Hirtzer

CSX tackling service issues, CEO tells rail regulator

Aug. 29, 2017 at 3:54 am CDT

By Nick Carey

U.S. livestock: Supplies drag CME hogs to eight-month low

Aug. 28, 2017 at 8:07 pm CDT

By Theopolis Waters

Whole Foods slashes prices on some produce

Aug. 28, 2017 at 7:16 pm CDT

Los Angeles/Chicago | Reuters — On its first day as part of Amazon.com, organic grocery chain Whole Foods Market slashed prices on popular items like avocados and apples on Monday by a third as it bid to shake off its “Whole Paycheque” reputation for high prices. In another sign of […]

By Julie Ingwersen Lisa Baertlein

Harvey’s rains sending fuel prices higher

Aug. 28, 2017 at 7:08 pm CDT

Houston | Reuters — U.S. fuel prices surged on Monday as two more Gulf Coast refiners cut output and a third considered reductions, leaving more than 13 per cent of the country’s refining capacity offline after Tropical Storm Harvey flooded plants and shut seaports. The storm swung back over the […]

By Erwin Seba

U.S. grains: Wheat, corn drop to contract lows

Aug. 28, 2017 at 4:52 pm CDT

Chicago | Reuters — U.S. wheat and corn futures dropped to life-of-contract lows on Monday, weighed down by technical selling and abundant global supplies, traders and analysts said. Chicago Board of Trade September wheat futures fell about 2.4 per cent, settling down 9-1/2 cents at $4, in a bear-spreading decline […]

By Michael Hirtzer

U.S. July feedlot cattle placements smaller than expected

Aug. 25, 2017 at 5:34 pm CDT

Chicago | Reuters — Ranchers in July placed 2.7 per cent more cattle in U.S. feedlots than a year ago, the U.S. Department of Agriculture reported on Friday, which fell short of average analysts’ forecasts. Dwindling profits for feedyards, after being paid less for their cattle by packers, discouraged them […]

By Theopolis Waters

U.S. grains: Corn hits contract lows on supply pressure

Aug. 25, 2017 at 5:25 pm CDT

Chicago | Reuters — Chicago Board of Trade corn futures fell to contract lows on Friday, pressured by technical selling and abundant global grain supplies ahead of another bumper U.S. harvest, traders and analysts said. Soybean futures also eased, declining from Thursday’s two-week high as investors took profits ahead of […]

By Michael Hirtzer