Insights and Stories on Closing Markets

Apr. 7, 2016 at 4:12 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle contracts gained modestly on Thursday, with help from short-covering stirred by future’s discounts to cash prices, traders said. April live cattle ended up 0.35 cent/lb. at 132.425 cents, and June closed 0.375 cent higher at 122.225 cents (all figures US$). So […]

By Theopolis Waters

Apr. 6, 2016 at 4:42 pm CDT

Reuters — Chicago wheat fell on Wednesday to a nearly one-week low, pressured by a U.S. Department of Agriculture report that revealed U.S. wheat was progressing faster than expected. Corn rose to its highest in almost a week, following technical indicators. Soybeans gained on bargain-buying. The Chicago Board of Trade’s […]

By Rod Nickel

Apr. 6, 2016 at 4:32 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts on Wednesday reversed some of Tuesday’s heavy losses, helped by short-covering and bargain hunting, traders said. April live cattle ended 1.4 cents/lb. higher at 132.075 cents, and June closed 1.1 cents higher at 121.85 (all figures US$). Futures’ price discount […]

By Theopolis Waters

Apr. 5, 2016 at 6:19 pm CDT

Chicago | Reuters — U.S. soybean futures on Tuesday extended a setback from the nearly eight-month highs reached a day earlier, as wet weather fueled projections that farmers will plant more fields with the oilseed than previously expected. Rainy, cool conditions in the U.S. South and Midwest could prompt growers […]

By Tom Polansek

Apr. 5, 2016 at 5:51 pm CDT

Chicago | Reuters –– U.S. live cattle futures fell to 1-1/2-month lows and feeder cattle declined by nearly three per cent on Tuesday in a technical selloff triggered by ample supplies and lower beef prices, traders and analysts said. Live cattle eased their third straight session, briefly falling by the […]

By Michael Hirtzer