Insights and Stories on International

Jul. 18, 2016 at 4:36 pm CDT

Chicago / Reuters – U.S. corn futures firmed on Monday as forecasts for scorching heat this week in the Midwest, where the crop is pollinating, fuelled concerns about yield prospects, traders said. Soybeans turned higher as updated midday forecasts called for more hot and drier conditions next week, a change from […]

By Julie Ingwersen

Jul. 18, 2016 at 3:58 pm CDT

Chicago / Reuters – The U.S. pork industry could be heading for higher hog prices as processing plants come on line at an unprecedented rate with packers investing millions of dollars to satisfy the appetite of protein-hungry China, industry analysts said. Pork packers including Seaboard Foods and Triumph Foods, who slaughter […]

By Theopolis Waters

Jul. 18, 2016 at 3:53 pm CDT

Chicago / Reuters – Chicago Mercantile Exchange live cattle contracts settled higher on Monday after short-covering and futures’ discounts to late last week’s cash prices offset early-session losses, traders said. August live cattle ended 1.525 cents per lb higher at 112.450 cents, and finished above the 20-day moving average of 112.05 […]

By Theopolis Waters

Jul. 15, 2016 at 8:39 pm CDT

Chicago | Reuters — Record-high yields are helping U.S. farmers to harvest a bumper crop of hard red winter (HRW) wheat, the most common variety here, but prices have tumbled as the world is awash in supplies. The quality of the crop is also causing headaches for flour millers, who […]

By Julie Ingwersen

Jul. 15, 2016 at 5:29 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures turned lower on Friday, after fund liquidation and lower expected cash prices later in the day pared Thursday’s market gains, traders said. August live cattle ended 1.8 cents/lb. lower at 110.925 cents, and October closed 2.225 cents lower at 109.85 […]

By Theopolis Waters