CME live cattle futures scores 3-1/2 month high

CHICAGO, Dec 16 (Reuters) – Chicago Mercantile Exchange live cattle futures on Friday reached their highest level since late August, driven by short-covering following the morning’s strong wholesale beef prices, said traders. Buy stops and technical buying enhanced market advances, they said. December live cattle closed 1.600 cents per pound higher to 112.325 cents, after […] Read more

U.S. corn, wheat supplies to rise as exports wane – USDA

WASHINGTON, Feb 9 (Reuters) – U.S. corn and wheat ending stocks will be higher than previously expected at the end of the marketing year due to a drop in already weak demand for U.S. supplies on the export market, the government said on Tuesday. The U.S. Department of Agriculture in its monthly supply and demand […] Read more