Insights and Stories on Futures

U.S. livestock: Short-covering boosts CME cattle after recent decline

Nov. 14, 2023 at 5:36 pm CST

Chicago | Reuters — Short-covering lifted Chicago Mercantile Exchange live cattle and feeder futures on Tuesday, analysts said, extending a recovery from springtime lows reached last week. The markets were due to rise after recent fund liquidation and technical selling left the market oversold, analysts said. “The main thing is […]

U.S. grains: Soybeans hit August high, soymeal climbs on strong demand

Nov. 14, 2023 at 4:04 pm CST

By Brendan O'Brien Tom Polansek

Klassen: Cash feeder prices soften on futures market uncertainty

Nov. 14, 2023 at 9:27 am CST

By Jerry Klassen

U.S. grains: Chicago soy soars on Chinese buying, Brazilian weather

Nov. 13, 2023 at 5:28 pm CST

By Brendan O'Brien

U.S. livestock: CME cattle up off last week’s sell-off

Nov. 13, 2023 at 4:52 pm CST

By Tom Polansek

U.S. grains: Chicago corn slumps on forecast for record-large crop

Nov. 10, 2023 at 6:57 pm CST

Chicago | Reuters — Chicago corn futures posted a third straight weekly decline on Friday, as traders reacted to a government forecast that U.S. farmers will produce a record-large crop this year. Wheat was lower, following corn. Commodity funds hold a sizeable net short position in Chicago wheat futures, leaving […]

By Brendan O'Brien

U.S. livestock: CME live cattle mixed, feeder cattle firm

Nov. 10, 2023 at 6:46 pm CST

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures ended the week mixed on Friday, as traders and analysts said technical and algorithmic trading sent contract prices whipsawing during the session. Feeder cattle futures firmed as Chicago corn futures posted a third straight weekly decline, as grain markets […]

By P.J. Huffstutter

U.S. livestock: Cattle sell-off sends nearby contracts plunging

Nov. 9, 2023 at 7:37 pm CST

Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures fell sharply on Thursday, amid fund liquidation, growing concern over consumer demand and signs of prices falling in the cash market. Traders and funds scrambled to shed some of their long positions, after betting the bull market in cattle futures […]

By P.J. Huffstutter

U.S. grains: Chicago grain, soy futures drop after USDA forecasts

Nov. 9, 2023 at 7:27 pm CST

Chicago | Reuters — The Chicago Board of Trade’s most-active corn futures plunged sharply on Thursday after the government reported that U.S. farmers will produce the biggest-ever corn crop this year. The report’s forecast topped trade estimates. The most-active CBOT corn contract at one point dipped to $4.66-1/2, the lowest […]

By Brendan O'Brien

ICE weekly outlook: Soy complex supporting canola

Nov. 8, 2023 at 6:49 pm CST

MarketsFarm — Amid falling crude oil prices, canola prices are staying strong, largely due to the Chicago soy complex, according to a Calgary analyst. Errol Anderson of ProMarket Communications has been impressed with canola’s recent rise. The January contract on ICE Futures was as low at $672 per tonne on […]

By Adam Peleshaty