Insights and Stories on Futures

Net short drops in canola as funds cover positions

Jun. 26, 2023 at 8:05 pm CDT

MarketsFarm — Speculative traders were busy covering short positions in ICE Futures canola during the week ended June 20, taking the net short position in the market to its smallest level in four months, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). […]

U.S. grains: Wheat retreats after Russia worries lift market

Jun. 26, 2023 at 7:45 pm CDT

By Karl Plume

U.S. livestock: Live cattle weak on large May placements

Jun. 26, 2023 at 7:40 pm CDT

By Karl Plume

U.S. grains: Corn, soybeans, wheat fall ahead of weekend

Jun. 23, 2023 at 7:17 pm CDT

By Mark Weinraub

U.S. livestock: Feeder cattle rally as corn prices sag

Jun. 23, 2023 at 7:14 pm CDT

By Mark Weinraub

U.S. grains: Soy, corn down off multi-month highs

Jun. 22, 2023 at 5:36 pm CDT

Chicago | Reuters — Chicago Board of Trade corn and soybean futures fell on Thursday, pressured by a round of profit-taking and some weather outlooks that called for relief to drought-stricken crops in the U.S. Midwest, traders said. “The markets have obviously been overbought on the run-up here on weather,” […]

By Mark Weinraub

U.S. livestock: Cattle futures rise, hogs fall

Jun. 22, 2023 at 5:31 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures firmed on Thursday, rebounding from a sharp decline a day earlier on support from weakness in the corn market. Live cattle futures also closed higher but hog contracts weakened, extending a sell-off that started on Wednesday as traders said the […]

By Mark Weinraub

ICE weekly outlook: Canola market rising into summer

Jun. 21, 2023 at 8:01 pm CDT

MarketsFarm — ICE Futures canola contracts have climbed steadily higher since their late-May lows, nearing chart resistance to the upside on the first day of summer. Updated renewable fuel targets released by the U.S. Environmental Protection Agency failed to live up to expectations, sparking a speculative selloff in soyoil. While […]

By Phil Franz-Warkentin

Exterior of the Chicago Board of Trade building.

CBOT weekly outlook: Weather fuels rallies in grain prices

Jun. 21, 2023 at 7:50 pm CDT

MarketsFarm — Weather and less-than-stellar crop conditions were the primary factors that caused week-long rallies on the Chicago Board of Trade (CBOT) for the week ended Wednesday. Ongoing dryness in most areas of the U.S. saw crops begin to deteriorate. The corn crop dropped six points to 55 per cent […]

By Adam Peleshaty

U.S. grains: Soy, corn, wheat rally to multi-month highs on weather concerns

Jun. 21, 2023 at 7:34 pm CDT

Chicago | Reuters — U.S. corn, soybean and wheat futures rose to multi-month highs on Wednesday, supported by concerns about crop shortfalls around the globe due to adverse weather in key production areas. “Listening to the meteorologists this morning, they pretty much threw in the towel on any moisture for […]

By Mark Weinraub