Insights and Stories on Futures

U.S. livestock: CME cattle futures rise on supply concerns

Oct. 17, 2023 at 4:53 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures firmed on Tuesday, amid ongoing concern over animal weights shrinking and a steady stream of heifers being sent to slaughter, traders said. Rising cash cattle prices also gave the beef market a boost on the day, traders said. The U.S. Department […]

Fund short position grows in canola

Oct. 16, 2023 at 7:44 pm CDT

By Phil Franz-Warkentin

U.S. grains: Wheat down off two-week high on global demand

Oct. 16, 2023 at 7:16 pm CDT

By Tom Polansek

U.S. livestock: CME hog, cattle futures decline

Oct. 16, 2023 at 7:11 pm CDT

By Tom Polansek

U.S. livestock: Cattle retreat as energy rally dents beef demand outlook

Oct. 13, 2023 at 7:16 pm CDT

By Karl Plume

U.S. grains: Soy, corn slip on profit taking, macro pressure

Oct. 13, 2023 at 7:09 pm CDT

Chicago | Reuters — U.S. soybean futures retreated on Friday on profit-taking after hitting two-week highs in the previous session and as souring consumer sentiment and inflation worries hung over the market. Corn futures followed soybeans lower, but wheat rallied after the U.S. Department of Agriculture (USDA) reported stronger-than-expected weekly […]

By Karl Plume

U.S. grains: Chicago soybeans surge after USDA projects smaller soy, corn crops

Oct. 12, 2023 at 5:24 pm CDT

New York | Reuters — Chicago soybean and corn futures shot up on Thursday following a closely watched U.S. government report forecasting a smaller corn and soybean harvest than previously projected, and below an average of analysts’ estimates. The Chicago Board of Trade’s (CBOT) most-active soybean futures contract jumped about […]

By Zachary Goelman

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

Oct. 12, 2023 at 5:12 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Thursday as technical buyers stepped into the market after prices weakened earlier in the session. Traders said the massive supplies reported by the U.S. Agriculture Department have been priced in and speculators were likely to buy any dip in […]

By Reuters

CBOT weekly outlook: Markets react bullishly to USDA report

Oct. 12, 2023 at 4:38 pm CDT

MarketsFarm — Most of the October world agricultural supply/demand estimates (WASDE) released Thursday from the U.S. Department of Agriculture (USDA) came out lower than trade expectations, causing price jumps on the Chicago Board of Trade (CBOT). “Many people were not expecting a major (average) yield change,” Ryan Ettner, trader for […]

By Adam Peleshaty

U.S. livestock: Chicago cattle turn higher

Oct. 11, 2023 at 7:27 pm CDT

Chicago Mercantile Exchange (CME) cattle futures turned solidly higher Wednesday while lean hogs mostly continued lower. Most-active December live cattle closed 1.975 cents higher Wednesday at 186.975 cents/lb., erasing two days’ losses, but not before touching a one-month low of 184.25 (all figures US$). Both front-month October 2023 and February […]

By Dave Bedard