Insights and Stories on Closing Markets

U.S. livestock: More short-covering extends CME live cattle gains

Apr. 26, 2016 at 3:09 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures rallied again on Tuesday, led by more short-covering and sentiments that last week’s selloff was overdone, traders said. April live cattle closed 1.25 cents/lb. higher at 126.8 cents, and June ended 2.15 cents/lb. higher at 118.75 cents (all figures US$). […]

U.S. grains: Rain outlook pushes corn higher

Apr. 25, 2016 at 3:58 pm CDT

By Mark Weinraub

U.S. livestock: Short-covering rallies CME live cattle

Apr. 25, 2016 at 3:53 pm CDT

By Theopolis Waters

U.S. grains: Wheat, soy tumble on profit-taking

Apr. 22, 2016 at 5:22 pm CDT

By Michael Hirtzer

U.S. livestock: CME live cattle hit new contract lows before report

Apr. 22, 2016 at 5:12 pm CDT

By Theopolis Waters

U.S. grains: Soybeans hit eight-month high

Apr. 21, 2016 at 4:35 pm CDT

Chicago | Reuters — U.S. soybeans surged to the highest levels in eight months on Thursday on technical buying and bull-spreading as investors eyed outlooks for lower output due to rains in Argentina. Corn and wheat futures tumbled more than two per cent in a profit-taking setback at the Chicago […]

By Michael Hirtzer

U.S. livestock: CME live cattle ends mostly weak

Apr. 21, 2016 at 3:30 pm CDT

Chicago | Reuters — Most Chicago Mercantile Exchange live cattle futures closed weak on Thursday after investors sold deferred months and bought April futures based on preliminary cash prices, traders said. April live cattle closed up 0.2 cent/lb. to 126.5 cents. June ended down 0.375 cent/lb. to 116.9 cents, and […]

By Theopolis Waters

U.S. grains: Soybeans extend gains on fund buying

Apr. 20, 2016 at 6:01 pm CDT

Chicago | Reuters — U.S. soybeans shrugged off early losses to surge two per cent on Wednesday, hitting new eight-month highs and extending the gains of a dramatic April rally linked to investment fund buying and rain-related delays in Argentina’s harvest. Chicago Board of Trade soybeans reached the psychological threshold […]

By Michael Hirtzer

U.S. livestock: CME live cattle hit four-month low

Apr. 20, 2016 at 5:52 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle contracts slid for an eighth day in a row on Wednesday as long liquidation continued, said traders. April live cattle closed 1.025 cents/lb. lower at 126.3 cents, and June ended down 1.3 cents/lb. at 117.275 cents (all figures US$). Both contracts […]

By Theopolis Waters

U.S. grains: Wheat, soy jump to multi-month highs on fund buying

Apr. 19, 2016 at 5:11 pm CDT

Chicago | Reuters — U.S. soybean and wheat futures extended gains to multi-month peaks on Tuesday, lifted largely by technical and investment fund buying, traders and analysts said. Corn also rose at the Chicago Board of Trade, with all three agriculture future contracts gaining as part of a broad commodities […]

By Michael Hirtzer