Reading Time: 2 minutes MarketsFarm — Farm Credit Canada (FCC) on Tuesday released a report titled Diversifying Canada’s agriculture exports, which included pulses and also looked at some of the pros and cons to diversifying Canada’s wheat, canola and soybeans. “Canada has done extremely well in establishing strong trade relations in a number of key markets thanks to a […] Read more
Pulse weekly outlook: FCC sees opportunities for exports
U.S. grains: Soy hits two-month low on export competition
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to their lowest in more than two months on Tuesday on a mix of technical selling and export competition from South American supplies, traders said. Corn and wheat futures also declined after rallying a day earlier. Chicago Board of Trade January soybean futures settled down 8-1/4 cents […] Read more
U.S. livestock: CME live cattle touch seven-month high
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures climbed to a seven-month high on Monday, supported by monthly U.S. feedlot data that was not as bearish as some had feared, traders said. Traders also cited spillover strength from record highs on Wall Street equity markets and forecasts for a winter storm this week that could […] Read more
U.S. grains: Soy falls below US$9 on South America weather, trade doubts
Reading Time: 2 minutes Chicago | Reuters — U.S. nearby soybean futures closed below $9 a bushel on Friday for the first time since September, pressured by improving crop weather in South America and fears that an initial U.S.-China trade deal could be pushed back to next year, analysts said. Wheat futures ended higher, while corn settled narrowly mixed. […] Read more
U.S. livestock: CME live cattle sink ahead of USDA feedlot data
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures fell to a one-week low and feeder cattle futures hit a six-week low on Friday ahead of a U.S. Department of Agriculture report that traders expected would show a hefty year-on-year increase in the number of cattle placed in feedlots last month. February live cattle futures on […] Read more
U.S. grains: Soybeans slide, nearing support at US$9
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to their lowest in almost two months on Thursday as uncertainty about progress in U.S.-China trade talks overshadowed support from stronger-than-expected weekly U.S. export sales, analysts said. Wheat futures also declined, backing down from a two-week high, but corn futures rose on signs of improving export and […] Read more
U.S. livestock: Hog futures halt skid on export data
Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures closed higher on Thursday as bullish weekly export sales data and hopes for progress on a U.S.-China trade deal helped to snap a six-session sell-off, traders said. February lean hog futures on the Chicago Mercantile Exchange (CME) settled up 0.675 cent at 67.45 cents/lb., rallying after a […] Read more
U.S. grains: Soy, corn fall as hopes fade for China trade deal this year
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell to a two-month low and soybean futures hit a seven-week low on Wednesday on fading expectations for a U.S.-China trade deal before the end of the year, analysts said. Chicago Board of Trade wheat futures closed modestly higher on technical buying and concerns about this week’s decline […] Read more
U.S. livestock: Hogs plunge on fresh doubts of China trade prospects
Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures fell more than four per cent on Wednesday, with the benchmark February contract at times dropping its daily three-cent limit on doubts about the prospects for a U.S. trade deal with China, the world’s top pork consumer. February lean hog futures on the Chicago Mercantile Exchange (CME) […] Read more
CBOT weekly outlook: Impeachment process stifles markets
Reading Time: < 1 minute MarketsFarm — U.S. President Donald Trump’s impeachment hearings have dominated headlines and stalled progress in numerous trade developments, leaving the Chicago Board of Trade (CBOT) starved of meaningful news. The Canada-U.S.-Mexico Agreement (CUSMA) has yet to be ratified by the U.S. House of Representatives. The trade pact, meant to replace the North American Free Trade […] Read more
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