Insights and Stories on Closing Markets

U.S. grains: Weather fears, short-covering lift prices

Mar. 8, 2016 at 7:36 pm CST

Chicago | Reuters — U.S. grain futures edged higher Tuesday on concerns that unfavourable crop weather could threaten domestic production, as markets temporarily shook off the weight of massive global inventories. Technical buying and short covering ahead of a monthly U.S. Department of Agriculture report on Wednesday helped fuel the […]

U.S. livestock: Live cattle rise as traders exit nearby positions

Mar. 8, 2016 at 7:22 pm CST

By P.J. Huffstutter

U.S. grains: Short-covering supports corn, soy, wheat

Mar. 7, 2016 at 5:40 pm CST

By Mark Weinraub

U.S. livestock: CME live cattle end lower as funds roll long positions

Mar. 7, 2016 at 5:29 pm CST

By Theopolis Waters

U.S. livestock: CME live cattle snaps back in anticipation of cash prices

Mar. 4, 2016 at 4:55 pm CST

By Theopolis Waters

U.S. grains: Soybeans surge on short-covering, export demand

Mar. 4, 2016 at 4:45 pm CST

Winnipeg/Reuters – U.S. soybean futures jumped nearly 2 per cent on Friday as investors covered short positions due to strong export demand, registering their biggest weekly gain since mid-December. Chicago wheat edged higher, and registered a big weekly gain on concerns over dry weather in parts of the U.S. Plains. […]

By Rod Nickel

U.S. grains: Wheat hits six-session high, weather sparks short-covering

Mar. 3, 2016 at 3:47 pm CST

Chicago | Reuters — U.S. wheat futures climbed to their highest in six trading sessions on Thursday as expanding dryness in the southern Plains hard wheat belt triggered a round of short-covering, traders and analysts said. Traders were also concerned about a threat of flooding in the Mississippi River Delta […]

By Julie Ingwersen

U.S. livestock: Cash price unease weakens CME live cattle

Mar. 3, 2016 at 3:34 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed lower on Thursday, pressured by profit-taking as early-week cash price optimism waned, traders said. April closed 0.85 cent/lb. lower at 135.45 cents, and June ended down 0.3 cent, to 125.625 (all figures US$). Packers are dug in with market-ready, […]

By Theopolis Waters

U.S. grains: Wheat rallies after multiyear lows

Mar. 2, 2016 at 6:29 pm CST

Chicago | Reuters — Chicago Board of Trade wheat futures rallied to close higher on Wednesday as traders covered short positions following the market’s drop to its lowest level in nearly six years. Soybean futures also advanced on bargain buying, halting a six-session slide, while corn settled fractionally higher. At […]

By Julie Ingwersen

U.S. livestock: Profit-taking drops CME live cattle

Mar. 2, 2016 at 4:44 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished lower on Wednesday, after investors pocketed profits while waiting for market-ready, or cash, cattle to change hands possibly before Friday, traders said. April closed 0.8 cent/lb. lower at 136.3 cents, and June ended 0.425 cent lower at 125.925 (all […]

By Theopolis Waters