Insights and Stories on Closing Markets

Exterior of the Chicago Board of Trade building.

U.S. grains: Wheat rallies as lifting of Ukraine missile restrictions sparks fears of war escalation

Nov. 18, 2024 at 6:05 pm CST

U.S. wheat futures climbed on Monday after the White House lifted restrictions that had blocked Ukraine from using U.S. missiles to strike deep within Russia, sparking concerns of an escalating war in the Black Sea breadbasket region.

U.S. livestock: Lean hogs fall on technical selling

Nov. 15, 2024 at 6:01 pm CST

By Renee Hickman Reuters

U.S. grains: Soybeans rise on China’s export incentives change, short covering

Nov. 15, 2024 at 4:36 pm CST

By Renee Hickman Reuters

U.S. livestock: Lean hogs dip on profit-taking, wholesale meat prices

Nov. 14, 2024 at 5:27 pm CST

By Renee Hickman Reuters

U.S. grains: Chicago soybeans fall on worries over domestic demand

Nov. 14, 2024 at 5:16 pm CST

By Renee Hickman Reuters

U.S. livestock: Lean hogs weaken on wholesale pork prices, Goldman roll

Nov. 13, 2024 at 5:33 pm CST

Chicago Mercantile Exchange lean hog futures lost ground on Wednesday on weakness in the pork cutout, according to analysts, while cattle futures also retreated on falling wholesale prices.

By Renee Hickman Reuters

U.S. grains: Chicago wheat plunges on strong dollar, corn and soybeans also ease

Nov. 13, 2024 at 5:28 pm CST

Chicago Board of Trade wheat futures fell sharply on Wednesday, dropping to lows not seen since August, as the U.S. dollar surged after data showing U.S. inflation for October increased in line with expectations, which could result in fewer interest rate cuts.

By Renee Hickman Reuters

Cowboy rides through a pen of steers at a feedlot.

U.S. livestock: Live cattle recovers on technical trading

Nov. 12, 2024 at 5:47 pm CST

Chicago Mercantile Exchange live cattle futures gained strength on Tuesday on technical trading, analysts said, while lean hog futures rose for a second day as traders anticipated growing export demand.

By Renee Hickman Reuters

U.S. grains: Soybeans plunge with Trump EPA pick; wheat and corn also fall

Nov. 12, 2024 at 5:42 pm CST

Chicago soybean futures took a sharp dive on Tuesday as traders worried that President-elect Donald Trump's nominee for the head of the U.S. Environmental Protection Agency would take a less than friendly view of the biofuel industry, analysts said.

By Renee Hickman Reuters

U.S. grains: Soybean, corn futures rise after USDA lowers US harvest outlook

Nov. 8, 2024 at 5:55 pm CST

U.S. soybean futures reached a one-month peak on Friday and corn futures touched more than a four-month high after the U.S. Department of Agriculture lowered its U.S. harvest outlooks for both crops more than expected, traders said.

By Heather Schlitz Reuters