Reading Time: 2 minutes For the week ending November 29, Western Canadian feeder cattle markets traded $10/cwt higher to 10/cwt lower compared to seven days earlier. Markets were hard to define given the volatility and emotional behavior. Certain larger operations were extremely aggressive securing ownership across Western Canada while Ontario demand was more prevalent late in the week. Alberta […] Read more
Klassen: Feeder market has volatile week
U.S. livestock: Cattle futures turn lower
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were weaker on Monday, ending a corrective bounce off nearby lows as high beef prices are said to be limiting consumer demand. The February live cattle contract lost 1.925 cents per pound at 215.925 cents. Feeder cattle were down 2.900 cents in the January contract at 321.075 cents […] Read more
U.S. grains: Soy futures dip as traders await China sales; corn, wheat sag
Reading Time: 2 minutes U.S. soybean futures retreated on Monday from a one-week top on a lack of fresh soy sales to top buyer China and lingering doubts over whether the Asian nation will buy 12 million tonnes of the oilseed by the end of 2025
Seeds Canada announces Dan Wright as new CEO
Reading Time: < 1 minute Seeds Canada has announced Dan Wright as its new chief executive officer.
Australia raises wheat harvest estimate by nearly two million tonnes
Reading Time: 2 minutes Australia’s ABARES raised its forecast for national wheat production this season by around 1.8 million tonnes to 35.6 million tonnes, cementing expectations for a bumper harvest that will add to abundant global supply and pressure prices.
Spain deploys military to contain African swine fever near Barcelona
Reading Time: 2 minutes Spain has called in its military to help contain an outbreak of African swine fever near Barcelona, a move aimed at protecting the country’s multi-billion-euro pork export industry.
U.S. livestock: Chicago cattle futures climb on post-Thanksgiving trade
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange’s live and feeder cattle futures ticked up on Friday in a day of abbreviated post-holiday trade. Feeder cattle futures recovered late in the week from limit-down losses on Monday, rebounding after a string of negative headlines. CME February live cattle futures LCG26 closed up 4.925 cents at 217.850 […] Read more
U.S. grains: Corn futures set June high on US export demand
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade corn futures reached their highest level since early June on Friday on U.S. export demand, while soybean futures also rose. In a daily reporting system, the U.S. Department of Agriculture said exporters sold 273,988 metric tons of U.S. corn to unknown buyers for 2025-26 delivery. The agency […] Read more
California researchers create nitrogen-fixing wheat
Reading Time: 2 minutes U.S. crop breeders have created a wheat variety capable of creating its own nitrogen fertilizer.
India-Canada trade deal could guarantee some Canadian pulse sales, envoy says
Reading Time: 2 minutes India’s government is considering guaranteeing Canada ongoing pulse crop sales so its farmers keep growing the vital protein source, Indian High Commissioner to Canada Dinesh Patnaik said during a visit to Saskatchewan.