Insights and Stories on Futures

CBOT weekly outlook: Small changes expected in November WASDE

Nov. 8, 2023 at 6:36 pm CST

MarketsFarm — There will likely be some minor tweaks to the November supply and demand report from the U.S. Department of Agriculture on Thursday. USDA is set to publish its world agriculture supply and demand estimates (WASDE) at 11 a.m. CT. “I would say the [U.S.] corn production estimates are […]

U.S. grains: Soybeans spike on China demand, Brazil weather

Nov. 8, 2023 at 5:56 pm CST

By Brendan O'Brien

U.S. livestock: Cattle futures rally late in session on technical buying

Nov. 8, 2023 at 4:59 pm CST

By P.J. Huffstutter

U.S. grains: Wheat down on supply outlook boost

Nov. 7, 2023 at 5:48 pm CST

By Brendan O'Brien

U.S. livestock: Cattle futures sink to May lows

Nov. 7, 2023 at 5:42 pm CST

By Tom Polansek

Klassen: Buyers contemplate feeder market prices

Nov. 7, 2023 at 1:53 pm CST

Compared to last week, western Canadian yearling markets traded $3-$5/cwt lower on average although limited numbers made the market hard to define. Calf markets traded $4-$8/cwt on either side of unchanged. It appeared that 700-plus-lb. calves were up $4 to as much as $8. The variation in the price structure […]

By Jerry Klassen

Net speculative short position in canola tops 100,000 contracts

Nov. 6, 2023 at 6:03 pm CST

MarketsFarm — Speculative fund traders continued to add to their large short positions in canola futures during the last week of October, taking the net managed money short position over 100,000 contracts for the first time on record, according to the latest Commitments of Traders report from the U.S. Commodity […]

By Phil Franz-Warkentin

U.S. grains: Chicago soybeans find two-month high

Nov. 6, 2023 at 5:33 pm CST

Chicago | Reuters — Chicago soybean futures on Monday hit their highest level in some eight weeks on weather concerns in top exporter Brazil and arid conditions in Argentina. Corn futures finished unchanged, while wheat rose slightly as weakness in the U.S. dollar added support to the markets. Traders monitored […]

By Brendan O'Brien

U.S. livestock: CME cattle slide on concerns over beef demand

Nov. 6, 2023 at 5:26 pm CST

Chicago | Reuters — Live cattle futures dropped to their lowest level in more than a week at the Chicago Mercantile Exchange on Monday on concerns about the risk for easing demand for U.S. beef. Feeder cattle futures also declined, while lean hog futures ended higher. Lower-than-expected cash cattle prices […]

By Tom Polansek

U.S. livestock: CME hog, cattle futures down on profit-taking

Nov. 3, 2023 at 7:41 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) hog futures closed lower on Friday, retreating on a round of profit-taking after the benchmark December contract rose to its highest level in a month. Soft cash hog values, weaker wholesale pork prices and a large weekly hog slaughter added to bearish […]

By Julie Ingwersen