Insights and Stories on Futures

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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 […]

CBOT weekly update: Dry conditions, war propel prices upward

Jul. 19, 2023 at 4:09 pm CDT

By Glen Hallick - MarketsFarm

US Grains: wheat futures end firmer amid Black Sea supply worries

Jul. 18, 2023 at 4:43 pm CDT

By Tom Polansek

Klassen: Feeder market continues climb

Jul. 18, 2023 at 1:26 pm CDT

By Jerry Klassen

U.S. grains: Wheat, corn fall as Black Sea grain deal expires

Jul. 17, 2023 at 5:30 pm CDT

By Tom Polansek

U.S. livestock: CME August live cattle touch new high

Jul. 17, 2023 at 5:20 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set a new high in the front-month contract on Monday on technical buying and concerns over tightening U.S. supplies, analysts said. August live cattle reached its life-of-contract high of 181.6 cents/lb. before retreating to settle 0.05 cent lower at 180.125 […]

By Tom Polansek

Net short position nearly gone in canola

Jul. 14, 2023 at 5:33 pm CDT

MarketsFarm — Speculative traders continue to exit their bearish bets in canola, with the net short position dipping below 4,000 in the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of July 11, the net managed money short position in canola futures came in […]

By Phil Franz-Warkentin

U.S. grains: Wheat, corn rise as Ukraine shipping deal set to end

Jul. 14, 2023 at 5:27 pm CDT

Chicago | Reuters — U.S. wheat futures rose on Friday as drought conditions in Canada and the northern Plains continue to weigh on the market, as does uncertainty over the future of Ukraine’s wartime grain export shipping deal that is set to expire on Monday. Corn followed wheat up on […]

By P.J. Huffstutter

U.S. livestock: CME cattle turn higher

Jul. 14, 2023 at 5:17 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures turned higher on Friday amid a flurry of technical trading, even as beef prices continued to see a seasonal downturn, traders said. Cash cattle market trades this week continued to be down $2-$3 per hundredweight (cwt), traders said (all figures […]

By P.J. Huffstutter

U.S. livestock: CME hog futures gain as pork prices rise

Jul. 13, 2023 at 7:04 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended higher on Thursday, buoyed by rising wholesale pork prices and firm cash hog values, traders said. The U.S. Department of Agriculture (USDA) quoted the wholesale pork carcass cutout at $110.90 per hundredweight (cwt), up 24 cents from Wednesday, and […]

By Julie Ingwersen