Insights and Stories on Closing Markets

U.S. grains: Soy falls as harvest expectations rise; wheat, corn firm

Jul. 22, 2016 at 2:35 pm CDT

Chicago / Reuters – U.S. soybean futures fell 2.3 per cent to a three-month low on Friday as the weather forecast for August reinforced expectations that the crop developing in the U.S. Midwest would blossom into a bumper harvest. Wheat and corn futures firmed, recovering from early weakness, as investment funds […]

U.S. livestock: CME live cattle futures plunge to five-year low on supply worries

Jul. 21, 2016 at 3:37 pm CDT

By Theopolis Waters

U.S. grains: U.S. corn extends losing streak on weak exports, good weather; soy firms

Jul. 21, 2016 at 3:30 pm CDT

By Mark Weinraub

U.S. livestock: Lower cash, beef prices again sink CME live cattle futures

Jul. 20, 2016 at 2:58 pm CDT

By Theopolis Waters

U.S. grains: Improving weather sparks sell-off in U.S. corn, soybeans

Jul. 20, 2016 at 2:53 pm CDT

By Mark Weinraub

U.S. livestock: Technical selloff upends CME live cattle futures

Jul. 19, 2016 at 3:01 pm CDT

Chicago / Reuters – Chicago Mercantile Exchange live cattle contracts closed sharply lower on Tuesday, undercut by technical-related selling that wiped out Monday’s gains, traders said. They said August futures led losers after investors periodically sold that contract and simultaneously bought deferred months in a trading strategy known as bear spreading. August live cattle ended […]

By Theopolis Waters

U.S. grains: Corn, soy prices tumble on strong U.S. crop ratings

Jul. 19, 2016 at 2:33 pm CDT

Chicago / Reuters – U.S. corn and soybean futures fell more than 3 per cent on Tuesday, pressured by historically high crop ratings and forecasts for moderating temperatures next week, analysts said. Wheat also declined, following the weak trend. At the Chicago Board of Trade as of 12:27 p.m. CDT (1727 […]

By Julie Ingwersen

U.S. grains: Corn, soybeans end higher as U.S. hot spell looms

Jul. 18, 2016 at 4:36 pm CDT

Chicago / Reuters – U.S. corn futures firmed on Monday as forecasts for scorching heat this week in the Midwest, where the crop is pollinating, fuelled concerns about yield prospects, traders said. Soybeans turned higher as updated midday forecasts called for more hot and drier conditions next week, a change from […]

By Julie Ingwersen

U.S. livestock: CME live cattle futures shrug off early selling

Jul. 18, 2016 at 3:53 pm CDT

Chicago / Reuters – Chicago Mercantile Exchange live cattle contracts settled higher on Monday after short-covering and futures’ discounts to late last week’s cash prices offset early-session losses, traders said. August live cattle ended 1.525 cents per lb higher at 112.450 cents, and finished above the 20-day moving average of 112.05 […]

By Theopolis Waters

U.S. livestock: Fund selloff reverses CME live cattle rally

Jul. 15, 2016 at 5:29 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures turned lower on Friday, after fund liquidation and lower expected cash prices later in the day pared Thursday’s market gains, traders said. August live cattle ended 1.8 cents/lb. lower at 110.925 cents, and October closed 2.225 cents lower at 109.85 […]

By Theopolis Waters