Reading Time: 2 minutes Reuters — Chicago Mercantile Exchange live cattle futures set a three-week high and feeder cattle hit their highest level in five weeks on Friday as cash prices rose and demand improved from meatpackers, brokers said. The markets advanced for the fourth consecutive session as prices recovered from a steep slide that began in October after […] Read more
U.S. livestock: Cattle extend gains on improving cash prices, packer demand
U.S. livestock: Cattle futures dip as Brazilian beef tariffs lifted
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were weaker on Friday, pressured by the removal of United States tariffs on Brazilian beef announced Thursday. The 40-per cent tariffs were removed by the White House to bring down beef prices and should result in Brazilian beef moving into the U.S. once again. Talk that the U.S. […] Read more
U.S. livestock: Cattle futures end lower
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were weaker on Wednesday, as a lack of fresh news had some participants moving to the sidelines. The December live cattle contract lost 1.925 cents per pound at 225.275 cents. Feeder cattle were down 1.675 cents in the January contract at 327.475 cents per pound. The U.S. Department […] Read more
ICE canola weekly outlook: Market rangebound
Reading Time: < 1 minute ICE canola futures saw some wide price swings during the week ended Nov. 5, although the market remains stuck in a sideways range overall.
CBOT weekly: Trade talks in focus
Reading Time: < 1 minute Optimism over thawing trade relations between the United States and China gave soybean futures at the Chicago Board of Trade a boost during the week ended Oct. 29, with the advances in the soy market spilling into corn and wheat.
U.S. livestock: Live cattle continue higher
Reading Time: < 1 minute Live cattle futures on the Chicago Mercantile Exchange were stronger on Tuesday, seeing a continuation of Monday’s gains as values remain near record highs. The ongoing shutdown of the United States government will likely delay the publication of monthly cattle on feed data scheduled to come out on Friday. However, market expectations are for a […] Read more
U.S. livestock: Live cattle correct higher
Reading Time: < 1 minute Live cattle futures on the Chicago Mercantile Exchange were stronger on Monday, taking back some of Friday’s losses amid ideas the declines were overdone. Cattle futures posted limit-down losses on Friday following comments from United States President Donald Trump that he would lower beef prices. Trump also said over the weekend that beef purchases from […] Read more
U.S. livestock: Cattle at fresh highs, hogs weaken
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange climbed to fresh highs on Tuesday, as tight supplies and the ongoing closure of the U.S./Mexican border to cattle from Mexico kept values well supported. The December live cattle contract gained 1.750 cents per pound at 246.500 cents. Chart-based positioning contributed to the gains, according to participants, with […] Read more
U.S. Grains: Wheat ends up after hitting five-year low
Reading Time: 1 minute Chicago Board of Trade wheat futures ended higher on Tuesday after falling to a five-year low on abundant global supplies. Corn also higher, while soybeans end down.
U.S. grains: Soybeans gain on lackluster harvest sales, lower yield outlook
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose for a second straight day on Wednesday on expectations that U.S. harvest yields will be lower than the latest government forecast and on limited sales by farmers awaiting news from U.S.-China trade talks and details of government aid. Corn followed soybeans higher as an expected yield forecast […] Read more
A message from April Stewart, Country Guide's Associate Editor
