Wheat fell for the second time this week after Canada’s government said farmers harvested their biggest crop ever. Corn and soybeans climbed as U.S. growers withheld supplies.
Hog futures declined for the third straight session on signs that U.S. pork demand is slowing, while lower feed costs are encouraging producers to boost animal weights. Cattle prices traded little changed.
Hogs fell for the third straight day on concern that climbing U.S. pork supplies will outpace domestic and overseas demand. Cattle were little changed.
Pork stockpiles in the U.S. fell 10.2 percent at the end of September from a year earlier, the government said, as animal weights increased.
Hog futures declined for a second day on signs of increasing animal supplies. Cattle also fell.
Corn futures fell to a three-year low and soybeans dropped the most this month on signs of supply gains in the U.S., the world’s biggest producer. Wheat rose, capping the fourth straight weekly gain.
Soybean futures rose for the third straight day on signs that August rain failed to boost crop yields in the U.S., the world’s biggest producer. Corn gained, while wheat dropped.
Wells Fargo & Co., the largest U.S. mortgage originator, is expanding its home-lending headquarters in Iowa as the firm plans for growth even while the industry predicts a slowing market.
The first man on the moon, the first U.S. woman in space and the first black Federal Reserve member were among the notable deaths in 2012.
Hog futures rose, heading for a second straight monthly gain, on mounting concern that a virus is killing piglets and reducing the size of the U.S. herd. Cattle also advanced.