Insights and Stories on Futures

U.S. grains: Soy soars after USDA slashes plantings estimate

Jun. 30, 2023 at 7:28 pm CDT

Chicago | Reuters — U.S. soybean futures surged about six per cent on Friday after the U.S. Department of Agriculture (USDA) reported much lower-than-expected 2023 soy plantings and June 1 inventories, while corn futures tumbled on larger-than-expected acreage. Wheat futures fell in sympathy with corn, despite a smaller-than-expected quarterly wheat […]

U.S. livestock: CME cattle up as corn prices slide

Jun. 30, 2023 at 7:24 pm CDT

By Julie Ingwersen

U.S. livestock: CME nearby hog futures up ahead of herd data

Jun. 29, 2023 at 7:05 pm CDT

By Julie Ingwersen

U.S. grains: Corn futures near three-week low

Jun. 29, 2023 at 6:04 pm CDT

By Julie Ingwersen

U.S. grains: Corn, soy tumble on forecasts for much-needed rains

Jun. 28, 2023 at 7:29 pm CDT

By Julie Ingwersen

U.S. livestock: Live cattle climb on firm cash markets

Jun. 28, 2023 at 7:20 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher for a second session on Wednesday, lifted by strength in the cash market tied to tightening U.S. cattle supplies, traders said, while tumbling corn prices lifted feeder cattle futures. CME August live cattle futures settled up 1.375 cents at […]

By Julie Ingwersen

CBOT weekly outlook: Corn could surprise in USDA’s acres report

Jun. 28, 2023 at 2:16 pm CDT

MarketsFarm — Although grains analyst Terry Reilly of Futures International said he isn’t expecting any big changes in two upcoming reports from the U.S. Department of Agriculture, he suggested there’s an opportunity for couple of notable alterations. USDA is scheduled to release its planted acreage and quarterly grain stocks reports […]

By Glen Hallick - MarketsFarm

U.S. livestock: Live cattle end higher, lean hogs mixed

Jun. 27, 2023 at 8:06 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Tuesday, rallying after a two-session slide as corn prices dropped and feeder cattle surged, but softening wholesale beef prices hung over the market, traders said. Benchmark CME August live cattle futures settled up 1.9 cents, at 172.5 cents/lb. […]

By Julie Ingwersen

U.S. grains: Corn, soy slide as Midwest rain outlook improves

Jun. 27, 2023 at 4:19 pm CDT

Chicago | Reuters — U.S. new-crop corn and soybean futures fell on Tuesday to their lowest in more than a week, pressured by forecasts for much-needed rains in the Midwest where crops have been deteriorating under dry conditions, analysts said. Wheat futures tumbled more than five per cent as worries […]

By Julie Ingwersen

Klassen: Fed market supports feeder complex

Jun. 27, 2023 at 6:53 am CDT

For the week ending Saturday, western Canadian yearlings over 800 lbs. were relatively unchanged. Feeder cattle in the range of 600-700 lbs. were up $4-$8/cwt. The market was hard to define for feeder cattle under 600 lbs. due to limited numbers. Prices for quality calves were unchanged from seven days […]

By Jerry Klassen