Chicago Mercantile Exchange cattle futures dipped on Tuesday as gains fueled by tight cattle supplies and strong demand faded amid concerns that high beef prices and cooling weather could soon affect retail meat sales, analysts said.
Tag Archives closing markets
U.S. grains: Soy drops on demand worries, corn firm as traders question lofty yield projections
U.S. soybean futures fell to a 1-1/2 week low on Tuesday as China continued to shun purchases from the United States and as forecasts for improved rains in the coming days reinforced expectations for a sizeable Midwest harvest.
U.S. livestock: Cattle futures climb, lean hogs also rise
Chicago cattle futures climbed on Friday after dipping on Thursday due to technical selling. Lean hogs also rose.
U.S. grains: Corn rises on strong demand, disease concerns
Chicago Board of Trade corn futures firmed on Friday on support from strong international demand, concerns over disease in the U.S. Midwest and technical support, analysts said.
U.S. grains: Soybeans pressured by lack of Chinese demand; corn rises on export sales
Chicago soybean futures came under pressure on Thursday on a lack of Chinese demand for the U.S. oilseed while corn futures ticked higher on strong export sales data, analysts said.
U.S. livestock: Cattle futures sink on technical selling
Chicago Mercantile Exchange cattle futures fell on Thursday on technical selling after live and feeder cattle futures hit contract highs in the previous day.
U.S. livestock: Cattle, hogs rise
Chicago cattle and lean hog futures continued to climb on Wednesday.
U.S. grains: Wheat falls on favorable weather in growing regions
Chicago wheat futures lost ground on Wednesday, with prices weighed down by large global harvests, favorable weather in growing areas, and a strong U.S. dollar, analysts said.
U.S. grains: Corn futures lower as farmers sell, soy choppy
Chicago corn futures ticked lower on Tuesday on selling pressure as soybeans chopped up and down, though expectations of a bumper U.S. harvest limited the upside in prices, analysts said.
U.S. livestock: Cattle regain losses, hogs rise
Chicago cattle futures rose on Tuesday, recouping losses from Monday's screwworm scare. Lean hog futures also rose.,.
