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Markets, Reuters

U.S. grains: Corn sags as bumper US crop harvest advances, soybeans retreat

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Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade corn futures fell on Monday, retreating from a two-month high set on Friday, as market players focused on projections for a record-large U.S. harvest, analysts said. Soybean futures turned lower as worries resurfaced about export demand from top global buyer China. U.S. and Chinese officials met in […] Read more
Cattle at a feedlot near North Platte, Nebraska. (AndrewLinscott/iStock/Getty Images)
Markets, Reuters

U.S. livestock: Cattle futures rally, hogs rise

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Reading Time: < 1 minute Chicago cattle futures rallied on Monday following losses in the previous trading session. Hogs also rose. Most-active December live cattle contracts closed at 236.275 cents a pound, up 4.350 cents. October live cattle settled at 234.600 cents a pound, up 4.625 cents. Most-traded October feeder cattle futures settled at 354.500 cents a pound, up 8.700 […] Read more
Currency Markets

Canadian Financial Close: Loonie gains ground

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Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar climbed nearly a quarter of a cent on Monday, propelled upward by a lower United States dollar and gains in crude oil. Also a factor was positioning ahead of Wednesday’s interest rate announcements from the Bank of Canada and the U.S. Federal Reserve. […] Read more
Futures

North American Grain and Oilseed Review: Too much pressure on canola

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Reading Time: 2 minutes U.S. soybeans, corn lower as wheat mixed By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures pulled back on Monday, due to an advancing Prairie harvest, lacklustre exports and pressure from outside markets. Alberta reported on Friday that its canola harvest was 13 per cent complete. Rain has been forecast for southern […] Read more
Futures

ICE Canola Midday: Losses getting sharper

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Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Declines in canola futures on the Intercontinental Exchange expanded late Monday morning, as the lack of support from other vegetable oils weighed on values. The Chicago soy complex was steady to lower and European rapeseed was down. The Malaysian palm oil market was closed for a holiday. […] Read more
Global markets

Global Markets: StatCan releases good news reports

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Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Wholesale sales (excluding petroleum, petroleum, products and other hydrocarbons and excluding oilseed and grain) improved 1.2 per cent in July at C$86 billion, Statistics Canada reported on Monday. In another report, StatCan […] Read more
Futures

ICE canola edges down to start week

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Reading Time: < 1 minute Glacier FarmMedia — The ICE canola market was posting small losses Monday morning in thin and choppy trade. The nearby November contract settled above its 20-day moving average for the first time in more than a month on Friday and was starting the week consolidating around that key chart point. Gains in Chicago soyoil provided […] Read more
Cattle at a feedlot near North Platte, Nebraska. (AndrewLinscott/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures fall on expectations of US agriculture secretary announcement

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Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange cattle futures fell on investor expectations that U.S. Agriculture Secretary Brooke Rollins might announce a re-opening of the border with Mexico for cattle imports in a speech in Oklahoma on Friday. The U.S. is currently closed to cattle imports from Mexico because of an infestation south of the […] Read more

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