Insights and Stories on Closing Markets

U.S. livestock: Bargain buying rallies CME hogs

Apr. 6, 2017 at 4:28 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed higher on Thursday after bargain buying lifted futures from four-month lows, said traders. They said buy stops and deferred-month technical buying furthered market advances. April hogs ended up 0.3 cent/lb. to 63.925 cents, and May 1.2 cents higher at 69.55 […]

U.S. grains: Soybeans rebound on Argentina rains

Apr. 5, 2017 at 6:27 pm CDT

By Julie Ingwersen

U.S. livestock: CME live cattle end firmer despite cash pessimism

Apr. 5, 2017 at 4:39 pm CDT

By Theopolis Waters

U.S. grains: Soybeans plumb new lows

Apr. 4, 2017 at 5:59 pm CDT

By Julie Ingwersen

U.S. livestock: CME hog futures hit four-month low

Apr. 4, 2017 at 4:09 pm CDT

By Theopolis Waters

U.S. grains: Corn at three-week high on U.S. area outlook

Apr. 3, 2017 at 5:09 pm CDT

Chicago | Reuters — U.S. corn futures hit a three-week high on Monday while soybeans set multi-month lows as traders continued to respond to a plantings forecast released Friday by the U.S. Department of Agriculture, analysts said. Wheat followed corn higher, supported by commodity funds covering short positions. “We’re still […]

By Julie Ingwersen

U.S. livestock: CME hog futures slump on pork demand fears

Apr. 3, 2017 at 4:55 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Monday, pressured by concerns that the seasonal bump in supplies might further hurt cash prices and curb retail pork buying, said traders. They said sell stops and fund liquidation hastened hog market losses. April hogs ended 0.875 cent/lb. […]

By Theopolis Waters

Soybean Field on the Edge of Small-Town Iowa

U.S. grains: Soy futures crumble after U.S. predicts record plantings

Mar. 31, 2017 at 5:08 pm CDT

Chicago/Reuters – U.S. soybean futures fell to fresh five-month lows on Friday after federal crop forecasters said spring plantings would reach an all-time high above traders’ expectations. Farmers in arid Plains states, the Midwest and south are shifting to plant soybeans, instead of corn and wheat, as the crop provides […]

By Tom Polansek

U.S. livestock: Cattle, hogs narrowly mixed on quarter-end positioning

Mar. 31, 2017 at 5:00 pm CDT

Chicago/Reuters – U.S. livestock futures were narrowly mixed on Friday, with live cattle edging slightly higher in a rebound from an earlier 10-day low as investors squared up their positions on the final day of the quarter, traders and analysts said. Most-active Chicago Mercantile Exchange June live cattle settled unchanged […]

By Michael Hirtzer

U.S. livestock: Hog prices rally on bargain buying before USDA report

Mar. 30, 2017 at 5:12 pm CDT

Chicago/Reuters – Chicago Mercantile Exchange lean hogs finished higher on Thursday, with strength from bargain buying prior to what turned out to be a neutral U.S. government hog report after futures closed, said traders. The U.S. Department of Agriculture’s quarterly hog report showed a record-large March 1 herd, with most […]

By Theopolis Waters