Reading Time: < 1 minute Chicago cattle futures fell back on Tuesday. Hogs continued to slide. Most-active December live cattle futures closed at 227.775 cents a pound, down 4.425 cents. February contracts lost 5.025 cents to settle at 225.375 cents per pound. Most-active January feeder contracts lost 7.300 cents to close at 329.225 cents a pound. March feeders settled at […] Read more
U.S. livestock: Cattle fall back, hogs continue slide
U.S. grains: Soybeans retreat after rally, wheat holds at three-month high
Reading Time: 2 minutes U.S. soybean futures fell on Tuesday, retreating from a 16-month high hit a day earlier, as traders awaited Chinese purchases of U.S. cargoes following last week’s trade truce agreed by the world’s two largest economies.
Klassen: Feeder market drops sharply
Reading Time: 2 minutes For the week ending November 1, Western Canadian feeder cattle markets traded $15-$30/cwt lower compared to seven days earlier. Cash feeder markets were off by $30-$40/cwt early in the week but then marginally recovered on Wednesday as the feeder cattle futures market stabilized. There were a few exceptions. Higher quality yearlings over 800 pounds coming […] Read more
Dryness, drought likely to persist says forecaster
Reading Time: 2 minutes As winter approaches, the dry conditions and drought across much of the Canadian Prairies and the United States Plains will likely persist, said Drew Lerner, meteorologist with World Weather Inc. in Overland Park, Kan.
Budget 2025 includes trade focus, boost for agriculture risk management
Reading Time: 4 minutes The 2025 budget includes several investments relevant to the agriculture sector, including new trade corridors and financial supports for farmers
ADM cuts 2025 profit outlook on biofuel and trade uncertainty; shares tumble
Reading Time: 2 minutes Archer-Daniels-Midland cut its 2025 profit forecast for a third straight quarter on Tuesday as U.S. biofuel policy uncertainty and global trade disruptions pressured oilseed crush margins.
U.S. not ready to lift Mexican cattle ban over screwworm, Agriculture Secretary Rollins says
Reading Time: 3 minutes The U.S. is not yet ready to reopen its border to Mexican cattle amid an outbreak of the flesh-eating New World screwworm parasite, Agriculture Secretary Brooke Rollins said, but she is pleased with Mexico’s efforts to contain the pest.
U.S. livestock: Cattle rally, hogs slide
Reading Time: < 1 minute Chicago cattle futures regained a ground on Monday to maintain a fairly level trajectory after last week’s fall.
U.S. grains: Soybeans touch 16-month high, wheat firm on Chinese demand hopes
Reading Time: 2 minutes Chicago soybean futures hit 16-month highs on Monday on expectations China will restart large-scale U.S. soy buying after the two countries reached a deal to de-escalate their trade war.
African swine fever risk tightens feed ingredient trade rules with Taiwan
Reading Time: < 1 minute Plant-based ingredients bound for Canadian livestock feed will have stricter trade rules if the shipments come from Taiwan, following Canadian Food Inspection Agency changes