Insights and Stories on International

Nov. 17, 2015 at 7:08 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts closed higher on Tuesday amid massive short-covering spurred by higher wholesale beef values that overcame selling led by lower cash price expectations for later this week, traders said. Spot December finished at 128.025 cents/lb., up 0.35 cent, and February 0.925 […]

By Theopolis Waters

Nov. 16, 2015 at 7:03 pm CST

Chicago | Reuters –– U.S. soybean futures firmed on Monday, rising from 6-1/2 year lows on bargain-buying as investors covered bearish bets amid signs of strong export demand, traders said. Corn futures also closed higher, with traders citing a round of short-covering. The gains in both commodities were kept in […]

By Mark Weinraub

Nov. 16, 2015 at 6:47 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished Monday’s session down by their three cents/lb. daily price limit after late Friday’s cash prices fell short of expectations, traders and analysts said. Spot December finished at 127.675 cents/lb., and February at 129.65 cents (all figures US$). Live cattle’s […]

By Theopolis Waters

Nov. 16, 2015 at 5:34 pm CST

Los Angeles | Reuters — Taco Bell said on Monday its more than 6,000 U.S. fast-food restaurants would stop using eggs laid by caged hens by Jan. 1, 2017, years ahead of the deadlines set by its bigger rivals. The announcement came amid mounting pressure on Taco Bell to remove […]

By Lisa Baertlein

Nov. 16, 2015 at 5:11 pm CST

Geneva | Reuters — The El Nino weather pattern, a phenomenon associated with extreme droughts, storms and floods, is expected to strengthen before the end of the year and become one of the strongest on record, the United Nations’ weather agency said Monday. The World Meteorological Organization (WMO) said this […]

By Tom Miles