Reading Time: < 1 minute Optimism over thawing trade relations between the United States and China gave soybean futures at the Chicago Board of Trade a boost during the week ended Oct. 29, with the advances in the soy market spilling into corn and wheat.
CBOT weekly: Trade talks in focus
Canadian Grain Commission to use surplus to avoid fee increases
Reading Time: < 1 minute The Canadian Grain Commission will continue to use its surplus to cover budget shortfalls and avoid potential fee increases until 2028, the federal agency announced Monday, Oct. 27.
Canadian trade data delayed by U.S. government shutdown
Reading Time: 2 minutes Canadian international trade data for September will be delayed indefinitely due to the ongoing partial shutdown of the United States government, Statistics Canada said Friday, Oct. 24.
U.S. livestock: Cattle futures mixed
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were mixed on Thursday, after dropping sharply the previous session. The December live cattle contract was up by 1.350 cents per pound at 241.175 cents. However, more deferred months were lower. Feeder cattle saw a continuation of Wednesday’s selloff, with the November contract down 2.775 cents at 361.450 […] Read more
U.S. livestock: Cattle futures drop on Trump call for lower prices
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange dropped sharply on Wednesday, reacting to comments from United States President Donald Trump calling on the cattle sector to lower prices. The December live cattle contract lost 5.600 cents per pound on Wednesday, at 239.825 cents. Feeder cattle were down their daily limit of 9.250 cents per pound […] Read more
Prairie spring wheat bids mixed
Reading Time: < 1 minute Spring wheat bids in Western Canada were mixed during the week ended Oct. 21, with losses in hard red spring wheat and gains in other classes.
U.S. livestock: Live cattle continue higher
Reading Time: < 1 minute Live cattle futures on the Chicago Mercantile Exchange were stronger on Tuesday, seeing a continuation of Monday’s gains as values remain near record highs. The ongoing shutdown of the United States government will likely delay the publication of monthly cattle on feed data scheduled to come out on Friday. However, market expectations are for a […] Read more
U.S. livestock: Live cattle correct higher
Reading Time: < 1 minute Live cattle futures on the Chicago Mercantile Exchange were stronger on Monday, taking back some of Friday’s losses amid ideas the declines were overdone. Cattle futures posted limit-down losses on Friday following comments from United States President Donald Trump that he would lower beef prices. Trump also said over the weekend that beef purchases from […] Read more
Only minor shifts in latest AAFC grain/oilseed balance sheets
Reading Time: 2 minutes Updated supply/demand estimates from Agriculture and Agri-Food Canada, released Oct. 17, included only minor adjustments to the balance sheets for the country’s major grains and oilseeds.
ICE canola weekly outlook: Off lows, but sideways trade likely
Reading Time: < 1 minute Canola futures trended higher during the week ended Oct. 15, with the November contract settling above its 20-day moving average for the first time in nearly a month. Optimism over thawing trade relations with China contributed to the gains, although the lack of any concrete movement to end the stiff tariffs on Canadian canola seed or oil tempered the advances.
A message from April Stewart, Country Guide's Associate Editor
