Insights and Stories on Chicago

Feb. 4, 2022 at 7:25 pm CST

San Francisco | Reuters — Ford Motor Co. plans to suspend or cut production at eight of its factories in the U.S., Canada and Mexico throughout next week because of chip supply constraints, a spokeswoman told Reuters on Friday. The changes come a day after the Detroit automaker warned a […]

By Reuters

Jun. 12, 2020 at 4:29 pm CDT

Chicago | Reuters — Chicago brokers and traders worry COVID-19 will kill more of the city’s once famous shout-and-gesture trading pits. CME Group, which owns the Chicago Board of Trade, said this week that most of the pits it closed in March because of the pandemic will remain shuttered indefinitely. […]

By Tom Polansek

Oct. 23, 2019 at 5:12 pm CDT

MarketsFarm — Commodities on the Chicago Board of Trade were mostly lower Wednesday amid a slower news week and harvest activity putting pressure on prices. “We’ve had a quieter week,” said Steve Georgy of Allendale Inc. at McHenry, Ill. “The market starts to fall of its own weight as we’re […]

By Marlo Glass – MarketsFarm

Apr. 8, 2019 at 7:54 pm CDT

New York | Reuters — The March floods that punished the U.S. Midwest have roiled the ethanol industry, hammering prices and trapping barrels in the country’s interior while the U.S. coasts suffer from shortages of the biofuel. The historic March floods have dealt a series of blows to large swaths […]

By Jarrett Renshaw, Stephanie Kelly

Jan. 2, 2019 at 5:50 pm CST

CNS Canada — Soybean futures at the Chicago Board of Trade started 2019 on a firm note, bouncing higher on rumours of fresh Chinese buying interest. However, with the U.S. government still in partial shutdown mode, confirmation of that business was lacking and additional advances remain questionable. “We’re basically buying […]

By Phil Franz-Warkentin