Insights and Stories on Reuters

U.S. grains: Wheat extends rally for fourth day; soybeans climb

Apr. 25, 2014 at 3:48 pm CDT

Chicago | Reuters –– U.S. wheat futures touched their highest level in more than a week on Friday as escalating tensions in Ukraine heightened fears of supply disruptions and forecasts for drier-than-expected weather fueled concerns about crop damage in the U.S. Plains. Soybean and soybean meal futures rallied on chart-based […]

U.S. livestock: CME live cattle futures climb before USDA report

Apr. 25, 2014 at 3:22 pm CDT

By Theopolis Waters

Ardent flour merger closer to completion with mill sale

Apr. 24, 2014 at 5:28 pm CDT

U.S. grains: Wheat surges on dry weather concerns, Ukraine tension

Apr. 24, 2014 at 5:18 pm CDT

By Karl Plume

U.S. livestock: CME feeder cattle hit new high as corn prices slip

Apr. 24, 2014 at 5:11 pm CDT

By Theopolis Waters

U.S. livestock: Fund buying pushes CME hogs two per cent higher

Apr. 23, 2014 at 8:17 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures jumped two per cent on Wednesday, with some months up the three-cent limit, driven by fund buying after contracts punched through moving average levels, traders said. May hogs closed up 2.95 cents per pound at 123.975 (all figures US$). June and […]

By Theopolis Waters

U.S. grains: Corn gains on firm cash market, rain-delayed planting

Apr. 23, 2014 at 3:59 pm CDT

Chicago | Reuters — U.S. corn futures advanced for a second straight session on Wednesday, adding more than one per cent on firm cash markets and as cooler and wetter weather in the central U.S. stalled planting of the crop in the western corn belt. Soybeans were mixed, with nearby […]

By Karl Plume

Lilly eyes emerging markets in Novartis animal health deal

Apr. 22, 2014 at 4:52 pm CDT

Paris | Reuters — The purchase of Novartis’ animal health business will strengthen Eli Lilly’s hand in emerging markets, tapping into growing demand there for protein-rich diets and household treatments for pets, a senior executive at the U.S. group said. As part of a multi-billion dollar revamp announced earlier on […]

By Gus Trompiz

Barclays joins retreat from commodities as new rules bite

Apr. 22, 2014 at 4:23 pm CDT

London | Reuters — Barclays will quit most of its commodities trading businesses, joining a broader retreat by banks as profits tumble in the face of tougher regulation. The British bank’s exit means three of the top five banks in commodities have significantly reduced or shuttered their natural resource trading […]

By david-sheppard Steve Slater

CME Group overhauls daily grain price limits

Apr. 22, 2014 at 4:07 pm CDT

Chicago | Reuters — CME Group Inc., the world’s largest futures market operator, said Tuesday it will overhaul the system for setting daily price limits for U.S. grain and oilseed futures to reflect fluctuations in crop prices. Starting on May 1, CME, owner of the Chicago Board of Trade (CBOT) […]

By Tom Polansek