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U.S. livestock: Cattle rise, hogs fall as traders watch other commodities

Reading Time: < 1 minute Chicago cattle futures eked out gains on Monday while hog contracts slipped back. Most-active April live cattle futures closed at 238.200 cents a pound, up 0.950 cents. June contracts gained 0.475 cents to settle at 234.325 cents. Most-traded March feeder cattle contracts closed at 367.450 cents per pound, up 0.025 cents. April feeders settled at […] Read more



Tariffs for canola seed are to drop to a combined rate of about 15 per cent from the current combined rate of 84 per cent. Photo: Greg Berg

Funds exiting short positions in canola

Reading Time: < 1 minute Speculative fund traders reduced their net short position in canola futures for the fourth straight week in the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC) released Friday.




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U.S. grains: Soybeans continue gains on Trump’s China comments

Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade soybeans continued a three-day rally on Friday, fuelled by President Donald Trump’s remarks on Wednesday that China would buy more U.S. soybeans. Corn and wheat chopped up and down, though ample global supply continued to curb grain prices while traders turned their attention to a U.S. Department […] Read more