Insights and Stories on Closing Markets

U.S. livestock: CME lean hogs snap back from session lows

Mar. 23, 2017 at 3:36 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures finished higher on Thursday, after short-covering and bargain buying brought contracts from morning lows, traders said. “Hogs (futures) were simply too cheap. The price had gotten to the point where (investors) had wrung out any sort of spring seasonal rally,” […]

U.S. livestock: Live cattle hit 14-month high on cash gains

Mar. 22, 2017 at 6:52 pm CDT

By Michael Hirtzer

U.S. grains: Crop prospects drag on soybeans

Mar. 22, 2017 at 3:27 pm CDT

By Mark Weinraub

U.S. grains: Wheat, corn fall to multi-week lows

Mar. 21, 2017 at 4:17 pm CDT

By Mark Weinraub

U.S. livestock: Live cattle hit two-month high on cash optimism

Mar. 21, 2017 at 4:06 pm CDT

By Michael Hirtzer

U.S. livestock: Deferred cattle hit contract highs

Mar. 20, 2017 at 7:44 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures were mostly higher on Monday, with deferred months for both live and feeder cattle hitting contract highs on spreading and investment fund buying, traders and analysts said. Lean hog futures were largely lower, extending losses to the fourth straight session in […]

By Michael Hirtzer

U.S. grains: Wheat drops on outlook for Plains rains

Mar. 20, 2017 at 6:18 pm CDT

Chicago | Reuters — U.S. wheat futures fell on Monday, led lower by a 1.9 per cent drop in K.C. hard red winter wheat amid forecasts for improving weather for crop development in key U.S. growing areas. “The U.S. Plains were dry over the weekend, but the next precip(itation) chance […]

By Mark Weinraub

U.S. livestock: Cattle hit new highs on technical buying, beef gains

Mar. 17, 2017 at 7:28 pm CDT

Chicago | Reuters — U.S. live cattle futures climbed to a fresh seven-week high on Friday while feeder cattle reached the highest levels since August on support from technical buying and gains in wholesale beef prices, traders said. Chicago Mercantile Exchange futures tracked gains earlier this week in Plains cash […]

By Michael Hirtzer

U.S. grains: Corn, wheat futures firm

Mar. 17, 2017 at 3:12 pm CDT

Chicago | Reuters — U.S. corn and wheat futures closed slightly higher on Friday, as their recent rally from multi-week lows ran out of steam in the absence of fresh fundamental news, traders said. Soybeans weakened, their ninth decline in 10 sessions as the market remained anchored by expectations of […]

By Mark Weinraub

U.S. livestock: Live cattle hit seven-week high on packer margins

Mar. 16, 2017 at 3:50 pm CDT

CORRECTED, March 17 — Chicago | Reuters — U.S. live cattle futures rose to a seven-week high on Thursday, boosted by recent gains in beef prices that increased profit margins for meat packers, traders and analysts said. Technical buying also was noted, with some investors buying back positions in front-month […]

By Michael Hirtzer