Insights and Stories on Futures

U.S. livestock: CME feeder cattle retreat as corn prices rise

Mar. 10, 2023 at 7:36 pm CST

Chicago | Reuters — Feeder cattle futures on Friday extended a setback from 2015 highs the front-month contract reached this week, as rising corn prices temporarily dampened expectations for cheaper livestock feed, analysts said. Corn futures ended higher on the Chicago Board of Trade after sliding earlier to a seven-month […]

Reading between the lines: Oversold canola due for correction

Mar. 9, 2023 at 8:03 pm CST

By Phil Franz-Warkentin

U.S. grains: Chicago corn dampened by prediction of El Nino rain

Mar. 9, 2023 at 6:14 pm CST

By Cassandra Garrison

U.S. livestock: CME feeder cattle pull back

Mar. 9, 2023 at 6:08 pm CST

By Tom Polansek

CBOT weekly outlook: Argentina estimates lowered, but attention soon shifting north

Mar. 8, 2023 at 8:10 pm CST

By Phil Franz-Warkentin

ICE weekly outlook: Upswings likely out of question for canola

Mar. 8, 2023 at 8:02 pm CST

MarketsFarm — Don’t expect any large increases in canola prices any time soon, according to Ken Ball of PI Financial in Winnipeg. In fact, there’s a good chance seen that old-crop canola could fall below its support level of $800 per tonne. Ball said 2022-23 canola ending stocks in Canada […]

By Glen Hallick - MarketsFarm

U.S. grains: Wheat at 18-month low on Black Sea deal hope

Mar. 8, 2023 at 7:48 pm CST

Chicago | Reuters — Chicago wheat futures on Wednesday fell to their lowest point in 18 months on expectations for a Black Sea grains deal and continued poor demand for U.S. exports. “Wheat was down most of the day, initially on talk of corridor extension talks, then off a lackluster […]

By Cassandra Garrison

U.S. livestock: Feeder cattle highest since 2015 as corn sags

Mar. 8, 2023 at 7:35 pm CST

Chicago | Reuters — Front-month feeder cattle futures on the Chicago Mercantile Exchange hit the highest in nearly 7-1/2 years on Wednesday as falling prices for corn signaled cheaper feed costs, traders said. CME April feeder cattle futures settled up 1.4 cents at 200.075 cents/lb. after setting a life-of-contract high […]

By Julie Ingwersen

U.S. grains: Wheat rebounds off 17-month low

Mar. 7, 2023 at 8:01 pm CST

Chicago | Reuters — Chicago wheat futures edged higher on Tuesday, consolidating above a 17-month low as the market assessed mixed growing conditions in the U.S. Plains and awaited further direction from U.S. government crop forecasts. Prices were rebounding after dipping below $7 a bushel, Don Roose, president of U.S. […]

By Cassandra Garrison

U.S. livestock: CME feeder cattle climb to another contract high

Mar. 7, 2023 at 7:57 pm CST

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures reached a contract high for a second consecutive session on Tuesday, while live cattle futures retreated from a contract high set a day earlier, brokers said. Reduced U.S. herd sizes due to drought have propelled futures higher recently, though some […]

By Tom Polansek