Reading Time: 2 minutes Chicago Mercantile Exchange (CME) cattle futures turned higher on technical trading on Monday, as live cattle contracts rose on expected consumer demand and hopes of some cash market prices firming, traders said.
U.S. livestock: Cattle futures firm on corn weakness, expected holiday demand
Canadian rail decision is a win for companies, union leader says
Reading Time: 2 minutes A decision obliging more than 9,000 Canadian rail workers to stay on the job is a win for the railways and could impact bargaining in other federally regulated sectors like aviation, the head of a Canadian rail workers' union told Reuters.
Canada labour board orders end to railway work stoppage
Teamsters say decision sets dangerous precedent, will challenge the move in federal court if needed
Reading Time: 3 minutes The Canada Industrial Relations Board ordered on Saturday a halt to work stoppages at the country's largest railways, signaling an end to an unprecedented service disruption at both main freight rail carriers that threatened to hammer Canada's export-driven economy.
U.S. livestock: Cattle largely steady; July placements top estimates
Reading Time: < 1 minute Chicago Mercantile Exchange cattle futures were mostly stable on Friday on pre-weekend positioning following a technical-driven selloff this week, traders said.
U.S. grains: Soy rises on short-covering, wheat stays weak
Reading Time: 2 minutes Soybeans rose while corn eased on Friday as traders covered short positions ahead of the weekend while monitoring an incoming heatwave that could threaten some crops in the U.S. Midwest, traders said.
Canada rail shutdown may still delay western grain exports
Reading Time: 2 minutes Canada's rail shutdown may still delay loading of some bulk grain ships at the country's west-coast ports despite the government's move to end a stoppage at the nation's two largest railroads, traders and analysts said.
CN workers threaten strike, vow to fight Canada move to end rail shutdown
Reading Time: 2 minutes The union representing workers at Canadian National Railway said on Friday they would strike next week, in a fresh threat to the economy after vowing to challenge a government decision to end an unprecedented rail stoppage.
US crop tour finds record Iowa corn crop prospects; Minnesota sub-par
Reading Time: 2 minutes Iowa's corn yield potential set a new record high for the Pro Farmer Crop Tour while excessive June rains drove Minnesota's corn yield prospects to the lowest levels since 2012, scouts on an annual tour of top U.S. production states found on Thursday.
U.S. grains: Wheat falls to new lows, corn and soy down on yield forecasts
Reading Time: 2 minutes Chicago Board of Trade wheat futures hit contract lows on Thursday as low prices for Black Sea wheat and a stronger dollar undercut the competitiveness of U.S. grains, analysts said.
U.S. livestock: Cattle futures gain on bargain buying
Reading Time: < 1 minute Chicago Mercantile Exchange (CME) live and feeder cattle futures ticked higher on Thursday on a spree of bargain buying as industry players believed cattle futures were oversold, analysts said.
A message from April Stewart, Country Guide's Associate Editor
