At the Chicago Mercantile Exchange, live and feeder cattle futures were sharply higher on oversold signals and the tight supply of market ready numbers. The trade was also starting to get ready for this week’s direct business and for Friday’s USDA Cattle on Feed report. December live was up $2.12 at $221.27 and February was…… Continue Reading
The chief commodities economist at StoneX Group says there’s little evidence that China plans to follow through on its purchase commitments of U.S. soybeans. Arlan Suderman says he believes China has agreed to purchase a U.S. soybeans, but “China seems to be very slow to want to admit to that, or to live up to…… Continue Reading