Insights and Stories on Futures

Russia attacks Ukraine’s vital Danube grain export route

Jul. 24, 2023 at 9:37 am CDT

Kyiv | Reuters – Russia destroyed Ukrainian grain warehouses on the Danube River in a drone attack on Monday, targeting a vital export route for Kyiv in an expanding air campaign that Moscow began last week after pulling out of the Black Sea grain deal. Last week’s attacks mostly struck […]

Klassen: tight supplies continue to underpin feeder complex

Jul. 24, 2023 at 8:19 am CDT

By Jerry Klassen

U.S. Grains: wheat futures drop, corn weak, soybeans mixed

Jul. 21, 2023 at 4:57 pm CDT

By Mark Weinraub

U.S. Livestock: cattle futures fall, supplies remain tight

Jul. 21, 2023 at 4:49 pm CDT

By Mark Weinraub

Fund position flips to net long in canola

Jul. 21, 2023 at 3:27 pm CDT

By Phil Franz-Warkentin

U.S. Livestock: cattle futures fall after hitting record high

Jul. 20, 2023 at 4:22 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rose to all-time highs on Thursday, with signs of strong export demand and good sales on the cash market supporting prices, traders said. But cattle prices closed lower on a round of profit-taking as traders took money off the table ahead […]

By Mark Weinraub

U.S. Grains: CBOT wheat futures dip after rally; corn, soybeans also lower

Jul. 20, 2023 at 4:15 pm CDT

Chicago | Reuters – Chicago Board of Trade wheat futures dipped on Thursday but remained near recent peaks as a third night of Russian attacks on Ukrainian ports renewed concerns about disruptions to exports needed to meet world demand and stave off rising food prices. Wheat futures had risen in […]

By Mark Weinraub

ICE weekly outlook: C$900 per tonne in reach for canola

Jul. 19, 2023 at 4:48 pm CDT

MarketsFarm – Sporadic rainfall across the Prairies has not been enough to stop canola’s upward momentum during the week ended July 19, while a pair of other factors are fueling the oilseed’s rise. The November canola contract went from settling below the C$800 per tonne mark (C$797.50/tonne) on July 12 […]

By Adam Peleshaty

U.S. livestock: CME live cattle firm; remain near recent highs

Jul. 19, 2023 at 4:35 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange live cattle edged higher on Wednesday, with tight U.S. supplies keeping prices near contract highs. A lack of fresh fundamental inputs limited the gains. August live cattle futures LCQ3 settled up 0.05 cent at 181.325 cents per pound, ending just below the contract high […]

By Tom Polansek

Exterior of the Chicago Board of Trade building.

U.S. grains: wheat sees biggest jump since aftermath of Russia’s invasion of Ukraine

Jul. 19, 2023 at 4:19 pm CDT

Chicago | Reuters U.S. wheat futures jumped 8.5% on Wednesday, their biggest daily gain since days after Russia’s invasion of Ukraine, as intensification of the war threatened to slow grain export shipments from a major global supplier. The benchmark Chicago Board of Trade soft red winter wheat contract Wv1 briefly […]

By Mark Weinraub