Insights and Stories on Plains

Feb. 16, 2021 at 7:34 pm CST

Chicago | Reuters — U.S. live cattle futures closed mostly higher on Tuesday as frigid conditions gripped the U.S. Plains and Midwest, limiting the movement of animals into meat plants and threatening to reduce cattle weights, traders said. However, rallies were limited as wintry weather and power outages prompted meat-packing […]

By Julie Ingwersen

Feb. 16, 2021 at 6:13 pm CST

Chicago | Reuters — U.S. wheat futures climbed to a one-week high on Tuesday, rising more than three per cent on fears that frigid temperatures in the bread basket of the U.S. Plains may have damaged winter wheat, analysts said. Corn and soybean futures followed the firm trend, with a […]

By Julie Ingwersen

Feb. 12, 2021 at 7:55 pm CST

Chicago | Reuters — U.S. cattle futures rallied on Friday, supported by cold weather in the United States that was making it hard to put weight on animals. “Weather remains front and center for cattle producers, bitter cold temps will be with us through the weekend and also some sizable […]

By Mark Weinraub

Feb. 11, 2021 at 6:40 pm CST

Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose on Thursday, with end users stepping in to buy the market one day after prices posted sharp declines. “On hard breaks, the end users really need the supply,” said Don Roose, president of U.S. Commodities in West […]

By Mark Weinraub

Feb. 10, 2021 at 6:22 pm CST

Chicago | Reuters — U.S. live cattle futures dropped on a profit-taking setback on Wednesday, a day after rallying to their highest in nearly a year, but worries about a cold snap across production regions of the Plains kept declines in check. Hog futures rebounded after closing mixed on Tuesday […]

By Mark Weinraub