Insights and Stories on Futures

CBOT weekly outlook: Harvest pressure weighing on prices

Oct. 4, 2023 at 7:32 pm CDT

MarketsFarm — As harvests of soybeans, corn and spring wheat advanced in the United States, trader John Weyer of Walsh Commercial Hedging Services said the pressure on those commodities was going to continue over coming weeks. “We might test some technical levels, see some selloffs a bit and get some […]

U.S. livestock: CME hog futures break losing streak

Oct. 4, 2023 at 5:49 pm CDT

By Reuters

U.S. grains: Chicago soybeans firm, risk aversion caps gains

Oct. 4, 2023 at 3:49 pm CDT

By Zachary Goelman

U.S. grains: Chicago soybeans drop in choppy trade

Oct. 3, 2023 at 7:55 pm CDT

By Zachary Goelman

U.S. livestock: CME cattle futures drop on technical selling

Oct. 3, 2023 at 7:51 pm CDT

By Reuters

Klassen: Feeder market falters at record highs

Oct. 2, 2023 at 9:38 pm CDT

Compared to last week, western Canadian yearling markets traded $2 to as much as $8 lower on average. Calf markets were relatively unchanged to $10 lower. There was moderate demand for top quality grass yearlings but plainer types experienced softer buying interest. Pre-conditioned calves held value but unweaned bawlers appear […]

By Jerry Klassen

U.S. grains: Chicago wheat up off three-year low after steep sell-off

Oct. 2, 2023 at 5:54 pm CDT

Reuters — Chicago wheat futures rebounded on Monday on what one analyst characterized as “bottom-picking” after prices dropped more than six per cent to three-year lows on Friday. Corn followed wheat higher, but soybeans prices remained low after news reports of Brazilian farmers planting at a rapid clip. The U.S. […]

By Zachary Goelman

U.S. livestock: CME lean hogs extend selloff on supply view

Oct. 2, 2023 at 5:47 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell sharply for the second day in a row, hitting a four-month low as traders adjusted their expectations for prices to reflect the U.S. government’s bigger-than-expected supply view. “We simply don’t need the sow base we currently have or need […]

By Reuters

Fund net short position grows in canola

Sep. 30, 2023 at 12:57 pm CDT

MarketsFarm — The managed money net short position in the ICE Futures canola market more than doubled during the week ended Tuesday on a combination of long liquidation and new bearish bets going on the books, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading […]

By Phil Franz-Warkentin

U.S. grains: Chicago wheat hits three-year low

Sep. 29, 2023 at 6:39 pm CDT

Reuters — Chicago wheat futures cratered more than six per cent on Friday, hitting a three-year low after U.S. government data pegged wheat production above analysts’ expectations. Soybean futures also closed sharply lower on larger-than-forecast domestic stockpiles, and the drop in both commodities dragged down corn prices. The U.S. Department […]

By Zachary Goelman