Insights and Stories on Futures

U.S. livestock: CME feeder cattle gain on lower corn

Jun. 3, 2021 at 6:56 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) feeder cattle futures gained on Thursday, lifted by lower corn futures and firmer back-month live cattle. “From the feeder buyer’s perspective, you had higher cattle and lower corn, so that’s a good deal,” said Alan Brugler, president of Brugler Marketing. CME August […]

ICE weekly outlook: Bare shelves keep all eyes on weather

Jun. 2, 2021 at 7:28 pm CDT

By Phil Franz-Warkentin

CBOT weekly outlook: Higher spring wheat all about dry North Dakota

Jun. 2, 2021 at 6:23 pm CDT

By Glen Hallick - MarketsFarm

U.S. grains: Corn futures drop on crop ratings

Jun. 2, 2021 at 4:32 pm CDT

By Mark Weinraub

U.S. livestock: CME cattle futures rise as JBS reopens plants

Jun. 2, 2021 at 4:15 pm CDT

By Mark Weinraub

U.S. livestock: Cattle futures fall on cyberattack at JBS

Jun. 1, 2021 at 6:43 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures tumbled on Tuesday after JBS stopped slaughtering at U.S. plants because of a cyberattack. Brazil’s JBS told the U.S. government that a ransomware attack on the company originated from a criminal organization likely based in Russia, according to the White […]

By Tom Polansek

U.S. grains: Hot, dry weather view sparks rallies

Jun. 1, 2021 at 4:16 pm CDT

Chicago | Reuters — U.S. corn, soybean and wheat futures rallied on Tuesday, supported by concerns that crops will face stress from adverse weather during the next few weeks. “The grains exploded out of the gates last night and remain double-digits higher… as forecasts turn hot and dry through mid-month,” […]

By Mark Weinraub

Klassen: Feeder market remains firm

Jun. 1, 2021 at 3:15 pm CDT

Compared to last week, western Canadian feeder cattle prices were steady to $2 higher on average. Strength was noted in the mid-weight categories as lighter calves and yearlings (900 pounds-plus) were relatively unchanged. Major feedlots were dominant buyers, with little demand surfacing for grassers. Feeding margins are in positive territory […]

By Jerry Klassen

Prairie cash wheat: Bids correct higher

May. 29, 2021 at 1:29 am CDT

MarketsFarm — Wheat bids across Western Canada moved higher during the week ended Thursday, as U.S. futures saw a corrective bounce after falling to their softest levels in over a month. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $8.50-$9 per tonne, according […]

By Phil Franz-Warkentin

U.S. grains: Corn eases after volatile week

May. 28, 2021 at 7:42 pm CDT

Chicago | Reuters — Chicago corn eased on Friday, after a strong rebound a day earlier as the market weighed up strong Chinese demand against U.S. growing conditions. Wheat and soybeans also edged lower, though spring wheat futures on the Minneapolis Grain Exchange (MGEX) climbed as a cold front hitting […]

By Christopher Walljasper