Tag Archives: market news

Livestock News

CHICAGO (Dow Jones)–Chicago Mercantile Exchange hogs’ could open mostly firm Monday as traders bank on positive post-Easter holiday market fundamentals. Wholesale pork carcass values Friday were up $0.35 per hundredweight and steady-to-firm cash hog price calls are seen for Monday. Pork bellies could open firm on possible spillover lean hog support. A mixed CME live… read more

Livestock News

CHICAGO, March 31 (Reuters) – Chicago Mercantile Exchange cattle futures were narrowly mixed early on Wednesday in electronic trading as beef market was seen topping. Hogs were higher on support from Friday’s bullish hog report with steadier cash hogs and higher product supportive.… read more

Opening Grain Calls

CHICAGO, March 31 (Reuters) – CBOT soy futures were called to open down at least 7 to 12 cents per bushel Wednesday, with corn down 3 to 5 cents and wheat down 2 to 4 cents on what traders called bearish stocks data in USDA’s quarterly stocks report. (Reporting by Sam Nelson; Editing by John… read more

Grain Opening Calls

WHEAT – Up 3 to 4 cents per bushel. * Weak dollar and technical short-covering lifting wheat futures but gains limited by abundant global stockpile of wheat. SOYBEANS – Up 3 to 4 cents per bushel. Weak dollar, higher crude oil and concerns about ability of South America to ship soy due to spreading labor… read more

Crude oil surges off strong economic news.

    NEW YORK, March 29 (Reuters) – U.S. crude futures rose more than $2 on Monday, opening strongly in New York trading, as a weaker dollar and stronger equities markets bolstered by economic data helped lift crude oil futures.     Stronger consumer sentiment in the euro zone and a forecast for strong growth in China… read more

Livestock News

Chicago Mercantile Exchange live cattle futures were lower early on Wednesday in electronic trading amid carry-over technical selling and pressure following weakness in other commodities. Hog futures were lower with the weak tone to cash markets weighing on April and premium to cash pressuring other months.… read more