Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: Chicago corn, soy prices recover on updated biofuel guidance

Reading Time: 2 minutes Chicago | Reuters – Chicago grain and soybean futures regained ground on Tuesday as a selloff in commodity markets subsided and after the U.S. Treasury Department released updated guidance on biofuel tax credits, analysts said. The most-active soybean contract on the Chicago Board of Trade Sv1 settled 5-1/2 cents higher at $10.65-3/4 a bushel, recovering […] Read more

Photo: Canada Beef

U.S. livestock: Cattle futures higher on tightening cattle supply

Reading Time: < 1 minute Chicago | Reuters – CME live and feeder cattle futures bounced for the second day on Tuesday on continued support from Friday’s U.S. Department of Agriculture biannual report that stated the U.S. cattle herd had fallen to its smallest size since 1951. CME April live cattle LCJ26 finished 2.1 cents higher at 241.625 cents per […] Read more








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Klassen: Feeder Cattle Market Waits For Direction

Reading Time: 2 minutes For the week ending January 31, Western Canadian feeder markets were relatively unchanged from seven days earlier. Adverse weather in southern Alberta may have tempered buying interest for lighter weight calves.  Alberta packers were buying fed cattle on a dressed basis in the range of $508-$510 per hundredweight delivered, steady to $2/cwt higher than last […] Read more




Photo: Greg Berg

U.S. livestock: Cattle rally, hogs rise

Reading Time: < 1 minute Chicago cattle rallied on Monday. Lean hogs also rose. Most-active April live cattle futures closed at 239.525 cents a pound, up 2.725 cents. June live cattle gained 2.525 cents to settle at 234.250 cents a pound. Most-traded March feeder cattle contracts closed at 366.350 cents a pound, up 6.075 cents. April feeders gained 5.900 cents […] Read more