CHICAGO, Jan 16 (Reuters) - Chicago Mercantile Exchange live cattle futures closed lower on Thursday due to profit-taking, as the most-active contracts failed to surpass last week's long-term highs, while grains, crude oil and Wall Street equities also declined, analysts said.
Grain futures were lower in early trading Thursday on the Chicago Board of Trade. March corn was down 3.5 cents at $4.75 a bushel. March wheat fell by 7.5 cents at $5.39 a bushel. March oats were down 2.
CHICAGO (AP) _ Grain futures were higher Friday on the Chicago Board of Trade. Mar. corn rose by 0.5 cent at $4.85 a bushel. Mar. wheat gained 0.25 cent at $5.39 a bushel. Mar. oats rose by 13.25 cents at $3.62 a bushel. Mar. soybeans gained 1.25 cents at $10.36 a bushel. Beef was mixed and pork was lower on the Chicago Mercantile Exchange.
Cash cattle traded lightly in Kansas and Texas on Wednesday at $200 to $201 per hundredweight (cwt), steady to $1 higher versus last week's trades, according to brokers and a daily market note from the U.S. Department of Agriculture. At the equivalent of about $2 per pound, the cash prices are above futures prices.
The Kobeissi Letter reported that Open Interest in Bitcoin futures contracts on the CME hit a record of 51,000. According to the market analyst, CME's surge in open interest in Bitcoin futures coincided with the launch of spot Bitcoin ETFs last year.
CHICAGO (AP) _ Grain futures were mixed in early trading Friday on the Chicago Board of Trade. Mar. corn rose by 2.25 cents at $4.77 a bushel. Mar. wheat lost 1.5 cents at $5.36 a bushel. Mar. oats lost 1 cents at $3.49 a bushel. Mar. soybeans was up 9 cents at $10.28 a bushel. Beef was mixed and pork was flat on the Chicago Mercantile Exchange.
CHICAGO (AP) _ Grain futures were mixed Thursday on the Chicago Board of Trade. Mar. corn was unchanged at $4.75 a bushel. Mar. wheat was unchanged at $5.38 a bushel. Mar. oats lost 7.25 cents at $3.50 a bushel. Mar. soybeans was up 0.25 cent at $10.20 a bushel. Beef was lower and pork was lower on the Chicago Mercantile Exchange.
By Matt Noltemeyer Courtesy SOSLAND Publishing CHICAGO — Bakers, food manufacturers and other wheat flour users could see a new venue for risk management in the second quarter. The CME Group on Jan. 8
The Chicago Mercantile Exchange was founded in 1898 and in 2002 completed its IPO. Since then, CME Group has consolidated parts of the industry by merging with crosstown rival CBOT Holdings in ...
On the 13th, the won-dollar exchange rate opened at 1,473.2 won. Based on the opening price, it exceeded 1,470 won for the first time in five transactions. This was influenced by the strong dollar following the U.S. employment data released on the 10th, which significantly surpassed market expectations.
Hard red spring wheat was historically traded at the Minneapolis Grain Exchange, or MGEX, which launched its signature contract in 1883 to trade the high-quality crop used to make bread and frozen dough products. It has the thinnest trading volume of the three U.S. wheat contracts.
The biggest U.S. futures exchange is making a play for one of the last slices of the grain markets that it doesn’t already control. Chicago-based CME Group said Wednesday that it planned to launch futures and options on hard red spring wheat,