Insights and Stories on Closing Markets

U.S. livestock: Livestock futures turn lower amid choppy trading

May. 9, 2024 at 4:50 pm CDT

Chicago Mercantile Exchange (CME) cattle futures turned lower on Thursday amid a day of sideways and choppy trading, as wholesale beef prices dropped and cash cattle markets saw limited activity.

U.S. grains: Wheat climbs as frosts cause state of emergency in Russia

May. 9, 2024 at 4:46 pm CDT

By Renee Hickman Reuters

Exterior of the Chicago Board of Trade building.

U.S. grains: CBOT grains, soybean futures end lower ahead of USDA reports

May. 8, 2024 at 3:56 pm CDT

By Renee Hickman Reuters

U.S. livestock: Live cattle, lean hogs rise on technical buying

May. 7, 2024 at 4:18 pm CDT

By Karl Plume Reuters

U.S. grains: Chicago grains back off highs on weather outlook, USDA data

May. 7, 2024 at 4:09 pm CDT

By Renee Hickman Reuters

U.S. grains: Wheat, soy, corn futures extend surge on volatile global weather

May. 6, 2024 at 4:43 pm CDT

Chicago | Reuters – U.S. wheat, soybean and corn futures soared to multi-month highs on Monday on worries about potentially crop-damaging weather in Brazil and Russia. Chicago Board of Trade (CBOT) July wheat WN24 settled up 26-1/4 cents at $6.48-3/4 a bushel after climbing to $6.50-1/4, its highest level since late December. […]

By Renee Hickman

closeup of a cow with horns, blue sky and trees in the background

U.S. livestock: CME cattle futures mixed, hog futures lower, amid demand questions

May. 6, 2024 at 4:39 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange cattle futures ended Monday mixed, after conflicting market signals sent feeder cattle futures lower and nearby live cattle contracts slightly higher. Lean hog futures eased, as market participants wrestled with growing uncertainty over consumer demand for meat as the U.S. enters into the […]

By P.J. Huffstutter

U.S. livestock: CME cattle stabilize after bird flu roils markets

May. 3, 2024 at 5:47 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange cattle futures stabilized on Friday after U.S. testing of ground beef samples for H5N1 bird flu fuelled wild swings, but markets still closed lower for the week. Live cattle and feeder cattle futures had rallied on Thursday after the U.S. Department of Agriculture […]

By Tom Polansek

U.S. grains: Corn hits 3-month high; soy, wheat climbs on weather

May. 3, 2024 at 5:41 pm CDT

Chicago | Reuters – U.S. corn futures rose on Friday to their highest level since January before turning lower and soybeans reached a one-month peak as floods disrupted harvests in top exporter Brazil and disease ate into Argentina’s corn crop, analysts said. Wheat futures hit a one-week high on renewed concerns over dry […]

By Renee Hickman

U.S. livestock: Cattle futures jump after US ground beef tests negative for bird flu

May. 2, 2024 at 5:49 pm CDT

Chicago Mercantile Exchange cattle futures rallied on Thursday after the U.S. government said retail samples of ground beef tested negative for the bird flu virus.

By Tom Polansek