Insights and Stories on Markets

Pit traders abandon lawsuit against CME over grain rules

Sep. 17, 2014 at 2:22 am CDT

Chicago | Reuters — Veteran traders from Chicago’s grain pits on Tuesday dropped a lawsuit against CME Group that sought to reverse a change to end-of-day settlement rules they said was killing open-outcry business. The traders, who work on the Chicago Board of Trade’s 140-year-old agricultural trading floor, agreed to […]

U.S. spring wheat protein premiums soar after wet, cool summer

Sep. 16, 2014 at 4:47 pm CDT

By Julie Ingwersen

Food ban, population influx seen boosting Russia grain demand

Sep. 16, 2014 at 4:40 pm CDT

By Polina Devitt

U.S. livestock: CME live cattle close lower on cash price outlook

Sep. 16, 2014 at 4:09 pm CDT

By Theopolis Waters

U.S. grains: Wheat, soybeans close lower; corn firms

Sep. 16, 2014 at 4:05 pm CDT

By Mark Weinraub

Meat industry groups seek rehearing of COOL court case

Sep. 16, 2014 at 3:17 pm CDT

Canadian, U.S. and Mexican livestock and meat industry groups want a rehearing from a U.S. court that so far has shot down their challenges of U.S. mandatory country-of-origin labelling (COOL) laws. The American Meat Institute (AMI), the lead group in a list of plaintiffs including the Canadian Pork Council and […]

By Staff

Wheat bids down again

Sep. 15, 2014 at 7:06 pm CDT

CNS Canada — Average bids for Canada Western Red Spring (CWRS) wheat moved down by an average of $2 to $5 per tonne across Western Canada during the week ended Friday, as large global wheat supplies weighed on the North American market. The highest CWRS prices were still available in […]

By Phil Franz-Warkentin

U.S. livestock: CME live cattle, hogs close mixed after volatile day

Sep. 15, 2014 at 6:14 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed mixed on Monday after a choppy session that lacked clear fundamental direction. “People are waiting for this week’s cash sales, but until then there is nothing to trade off of,” a trader said. October live cattle ended at 156.35 […]

By Theopolis Waters

U.S. grains: Soy, corn futures rise; wheat dips on supply glut

Sep. 15, 2014 at 6:09 pm CDT

Chicago | Reuters — U.S. soybean futures firmed on Monday on a bargain-buying rebound after hitting their lowest in more than four years, but gains were kept in check by expectations of a record U.S. harvest this fall, traders said. Corn futures also were higher, with short-covering and technical buying […]

By Mark Weinraub

Cargill suing Syngenta over sale of GM corn banned by China

Sep. 12, 2014 at 6:03 pm CDT

Chicago | Reuters — Cargill, the top U.S. grain exporter, sued a unit of Syngenta in a Louisiana state court on Friday for damages stemming from China’s rejection of genetically modified U.S. corn, which Cargill said cost the company more than US$90 million. Minnesota-based Cargill accuses Syngenta of exposing the […]

By Karl Plume Tom Polansek