Insights and Stories on Futures

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 […]

Klassen: Fed market supports feeder complex

Jun. 27, 2023 at 6:53 am CDT

By Jerry Klassen

Net short drops in canola as funds cover positions

Jun. 26, 2023 at 8:05 pm CDT

By Phil Franz-Warkentin

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

Chicago | Reuters — Chicago Board of Trade corn and soybean futures fell to one-week lows on Friday, pressured by forecasts for beneficial rains in the U.S. Midwest, traders said. Wheat futures also were lower, with traders locking in profits from a rally that has pushed prices higher for five […]

By Mark Weinraub

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

Jun. 23, 2023 at 7:14 pm CDT

Chicago | Reuters — CME Group feeder cattle contracts rallied on Friday, their second day of gains, as weakening corn prices cut into feed costs and boosted profit margins at packers. Hog futures were weaker on follow-through selling after Thursday’s sharp decline. The August CME feeder cattle contract gained 3.275 […]

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