Agriculture Market Updates & Outlook

U.S. livestock: CME live cattle climb on wholesale beef demand

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Tuesday for a second session, supported by strong wholesale beef demand ahead of the Labour Day holiday weekend, analysts said. Retailers are stocking their meat cases this week ahead of the Labour Day holiday on Sept. 2, while a Tyson Foods slaughterhouse […] Read more

Crops, Markets, Reuters

Bunge CEO looks to avoid ‘stroke-of-the-pen’ risk in ongoing trade war

By Karl Plume 1 day ago

Chicago | Reuters — A year removed from a losing bet that the U.S.-China trade war would be promptly resolved, global grains trader Bunge is facing an even more uncertain business environment, with a new CEO determined not to get burned again. Gregory Heckman, who joined Bunge’s board late last year and took on the […] Read more

Currency Markets

Canadian Financial Close: Canadian dollar remains around 75 cents

By GFM Network News 1 day ago

By MarketsFarm WINNIPEG, Aug. 20 (MarketsFarm) – The Canadian dollar was slightly lower on Tuesday, amidst a generally bleak global economic outlook. The dollar finished the day at US$0.7506 or US$1=C$1.3323, which compares with Friday’s close of US$0.7520 or US$1=C$1.3298. Global equities finished lower today due to continued recession concerns. “It’s kind of a choppy […] Read more

Futures

North American Grain and Oilseed Review: Canola up, but oilseeds lack direction

By GFM Network News 1 day ago

By Glen Hallick, MarketsFarm WINNIPEG, August 20 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Tuesday, as bids lacked direction in choppy trading. One trader commented that lack has been common in the Chicago soy complex, European rapeseed and Malaysian palm oil as well. Another trader theorized Prairie farmers haven’t been selling […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle falter under fed cattle uncertainty

By Jerry Klassen 1 day ago

Compared to last week, western Canadian yearling prices were down $2-$4 on average. The feeder cattle market was hard to define due to limited volumes; however, prices were down $2 to as much as $6 in some cases. The Aug. 9 fire at a Tyson packing plant near Holcomb, Kansas set a negative tone for […] Read more

Futures

ICE canola midday: Oilseed bids choppy

By GFM Network News 1 day ago

By Glen Hallick, MarketsFarm WINNIPEG, August 20 (MarketsFarm) – ICE Futures canola contracts were higher at midday Tuesday, with the oilseed markets choppy as they seek direction, according to a Winnipeg-based trader. He said oilseeds, including canola, have been up one day and down the next, with an exception on Monday. “Canola held up yesterday […] Read more

Currency Markets

Canadian Dollar and Business Outlook: Declining crude means weaker loonie

By GFM Network News 2 days ago

By MarketsFarm WINNIPEG, August 20 (MarketsFarm) – The Canadian dollar was weaker Tuesday morning as crude oil prices dipped. As of 8:43 CDT, the Canadian dollar was at US$0.7494 or C$1.3341. That compares to Monday’s North American close of US$0.7520 or C$1.3298. Crude oil prices were lower Tuesday morning as the U.S./China trade war fueled […] Read more

Futures

ICE canola gains strength on Tuesday

By GFM Network News 2 days ago

By Marlo Glass, MarketsFarm WINNIPEG, Aug. 20 (MarketsFarm) – The ICE Futures canola market was mostly higher on Tuesday morning, following trends set in overnight trade. Canola values found support from the soybean complex on the Chicago Board of Trade, which were bolstered by positive trade talks between the United States and China. A weather […] Read more

Crops, Markets, Oats

Oats market steady, watching harvest

By Phil Franz-Warkentin - MarketsFarm 2 days ago

MarketsFarm — Western Canada’s oats market is stable at prices a bit better than a year ago, as harvest gets underway and participants wait to see how much will move off the combine to the market. Early yield reports range anywhere from 80 to 140 bushels per acre, said Tyler Palmer, grain buyer with Emerson […] Read more

Livestock, Markets, Reuters

U.S. livestock: Cattle futures up on larger-than-expected weekly slaughter

By Julie Ingwersen 2 days ago

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Monday after U.S. government data showed last week’s slaughter was bigger than the previous week’s, despite a fire that shuttered a Kansas beef plant. The U.S. Department of Agriculture estimated the weekly U.S. cattle slaughter through Saturday at 651,000 head, up from […] Read more

Farmer’s threat prompts USDA to pull staff from crop tour

CBOT weekly outlook: U.S. grain traders watch yields, demand

Canada boosts 2019-20 wheat production estimate

GFM Network News

Farmer’s threat prompts USDA to pull staff from crop tour

CBOT weekly outlook: U.S. grain traders watch yields, demand

Canada boosts 2019-20 wheat production estimate

Markets — page 2

U.S. livestock: CME live cattle climb on wholesale beef demand

Bunge CEO looks to avoid ‘stroke-of-the-pen’ risk in ongoing trade war

Canadian Financial Close: Canadian dollar remains around 75 cents

North American Grain and Oilseed Review: Canola up, but oilseeds lack direction

Klassen: Feeder cattle falter under fed cattle uncertainty

ICE canola midday: Oilseed bids choppy

Canadian Dollar and Business Outlook: Declining crude means weaker loonie

ICE canola gains strength on Tuesday

Oats market steady, watching harvest

U.S. livestock: Cattle futures up on larger-than-expected weekly slaughter

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending August 16, 2019.

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