Insights and Stories on Futures

U.S. livestock: CME live cattle climb on firmer cash market

Jul. 7, 2023 at 5:20 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied on Friday on tight fed cattle supplies and higher cash market sales in the central U.S. Plains and western Midwest, traders said. Beef packers were in need of cattle to fill near-term operations, including a large Saturday slaughter and […]

U.S. grains: Soybeans, corn drop on improved crop weather

Jul. 7, 2023 at 3:03 pm CDT

By Karl Plume

U.S. acres surprise, Prairie acres parched

Jul. 7, 2023 at 2:43 pm CDT

U.S. grains: Corn firms on technicals, short-covering

Jul. 6, 2023 at 6:27 pm CDT

By Karl Plume

U.S. livestock: CME live cattle ease on weak cash market

Jul. 6, 2023 at 6:22 pm CDT

By Karl Plume

U.S. livestock: Cattle futures turn lower

Jul. 5, 2023 at 9:58 pm CDT

Chicago Mercantile Exchange live cattle and feeder cattle futures took a turn lower in resumed trading Wednesday while near-month hogs turned higher. Most-active August live cattle came back off the U.S. Independence Day break down for a second day off Friday’s three-week high, closing Wednesday at 174.95 cents/lb., down 1.875 […]

By Dave Bedard

ICE weekly outlook: Canola makes huge move

Jul. 5, 2023 at 7:34 pm CDT

MarketsFarm — Canola came out of Canada Day continuing to build on gains made going into the holiday, largely due to spillover from the Chicago soy complex. The U.S. Department of Agriculture last Friday released its planted acres report, which saw soybeans lose four million acres from the 87.5 million […]

By Glen Hallick - MarketsFarm

CBOT weekly outlook: Acreage at forefront in soy, corn markets

Jul. 5, 2023 at 6:58 pm CDT

MarketsFarm — Surprising acreage estimates released by the U.S. Department of Agriculture last Friday could remain a major feature in soybean and corn markets for the foreseeable future, as traders contemplate a much smaller-than-expected soybean acreage base and larger-than-expected corn area. “You can’t close your eyes on these acreage numbers,” […]

By Phil Franz-Warkentin

U.S. grains: Wheat surges on slow harvesting, poor crop conditions

Jul. 5, 2023 at 5:37 pm CDT

Chicago | Reuters — U.S. wheat futures surged on Wednesday as slow winter wheat harvesting and deteriorating spring crop conditions fuelled buying and short covering that lifted prices from 2-1/2-week lows. The wheat rally pulled corn up from 2-1/2-year lows despite expanded plantings and recent rains that lessened concerns about […]

By Karl Plume

Klassen: U.S. feeder markets pull Canadian values higher

Jul. 3, 2023 at 7:42 pm CDT

For the week ending July 1, western Canadian feeder markets traded $2-$5/cwt higher compared to seven days earlier. Quality groups of yearlings were up $8-$10/cwt from a week earlier. South of the border, major markets in Oklahoma had feeder steers and heifers trading US$5-$10/cwt above week-ago levels. The Canadian market […]

By Jerry Klassen