Photo: Asikkk/Getty Images Plus

U.S. livestock: Cattle futures bounce on short covering

Chicago | Reuters – Chicago Mercantile Exchange cattle futures ticked higher on Thursday on a short-covering bounce, though a weaker cash market and concerns around consumer demand for beef continued to weigh on the market. Cattle futures also benefited from rising grains futures, which steadied ahead of the U.S. Department of Agriculture’s monthly supply and […] Read more








Photo: Geralyn Wichers

U.S. livestock: Cattle make gains, hogs mixed

Most Chicago cattle futures rose on Wednesday after Tuesday’s hard fall. Hogs settled on either side of unchanged. Most-active October live cattle futures closed at 231.150 cents per pound, up 0.975 cents. December contracts settled at 232.675 cents a pound, up 1.500 cents. Nearby feeder cattle futures rose, while deferred contracts lost steam. Most-traded October […] Read more



Photo: JHVEPhoto/Getty Images Plus

U.S. grains: Soy and corn ease as traders await US crop report

Chicago | Reuters – Chicago soybeans and corn dipped on Wednesday as traders squared positions ahead of the U.S. Department of Agriculture’s global supply and demand report due on Friday, analysts said. Meanwhile, wheat dropped on falling global demand. The USDA is expected to trim U.S. soybean and corn yield forecasts on Friday, though production […] Read more