CME July 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: Hog futures fall as supplies rise

CME live cattle turn lower

Reading Time: < 1 minute Chicago | Reuters — CME hog futures eased on Tuesday, pressured by a government report released after the close on Monday that showed supplies of pork at their highest in two years. The U.S. Agriculture Department on Monday afternoon said that frozen stocks of pork stood at 530.244 million lbs. as of April 30, up […] Read more

CME August 2022 feeder cattle (candlesticks) with 20-, 50- and 100-day movjng averages (pink, red and black lines). (Barchart)

Klassen: Canadian feeder market divorces from feeder cattle futures

Timing of new-crop feed grains leads to shift

Reading Time: 2 minutes Compared to last week western Canadian yearling markets traded $3-$4 on either side of unchanged. The quality was quite variable resulting in the wide price structure; however, decent genetic and lower flesh packages were red hot. Feedlot operators were extremely aggressive on 700- to 800-lb. steers although higher weight categories were also well bid. Auction […] Read more


CME July 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)

U.S. livestock: CME hog futures rise on export prospects

Chicago cattle futures also gain

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures rose on Monday, with the front-month contract hitting its highest since April 22, on expectations for a pick-up in demand from top pork consumer China, traders said. The most-active July hog futures contract ended firm for the sixth time in the last seven sessions, but faced […] Read more

CBOT July 2022 wheat (candlesticks) with 20-day moving average (dark green line), MGEX July 2022 wheat (yellow line) and K.C. July 2022 wheat (orange line). (Barchart)

U.S. grains: Wheat firms ahead of USDA conditions report

Wheat pulls corn higher, soybeans down

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose on Monday, snapping a three-session losing streak on a round of bargain buying as traders waited for the latest assessment about crop health. “It is just a bounce back from the bashing it took last week,” said Tom Fritz, commodity broker at EFG Group. “We still have […] Read more


CBOT July 2022 wheat (candlesticks) with MGEX July 2022 spring wheat (yellow line) and K.C. July 2022 hard red wheat (orange line). (Barchart)

U.S. grains: Wheat extends fall, soybeans firm

Corn books third week down

Reading Time: 2 minutes Chicago | Reuters — Chicago wheat fell for a third straight session on Friday, retreating further from a two-month high hit earlier this week as technical selling pressured the market, traders said. Corn also eased, as accelerated U.S. planting and news that Argentina may expand an export volume cap weighed. Soybeans gained on strong export […] Read more

CME August 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: August live cattle, feeders ease on USDA report

Chicago lean hog futures firm

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mixed on Friday, with the nearby contract firming while the most-active month eased, pressured by expectations of increased cattle placements in the U.S. Agriculture Department’s monthly assessment. U.S. feedlots held two per cent more cattle on May 1 versus the same time a year […] Read more



CBOT July 2022 soybeans (candlesticks) with 20- and 50-day moving averages (yellow and green lines). (Barchart)

U.S. grains: Soybeans jump on export demand

Wheat falls on profit-taking; corn deferred contracts slip on weather, crop development

Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures fell on Thursday, giving back more of their recent gains, as traders sought to take profits amid mixed crop weather in the Northern Hemisphere and wider concerns about an economic slowdown. Meanwhile, soybean and soybean meal futures jumped on news of robust international demand, amid signs the U.S. […] Read more


CME August 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME live cattle mixed as traders await USDA data

Lean hog futures turn lower

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mixed on Thursday as traders awaited U.S. Department of Agriculture data on the number of cattle in feedlots. USDA’s Cattle on Feed report, due Friday at 2 p.m. CT, is expected to show U.S. feedlots held 1.3 per cent more on May 1, compared […] Read more

ICE July 2022 canola (candlesticks) with Bollinger bands (20,2) and November 2022 canola (black line). (Barchart)

ICE weekly outlook: Highs might be in for old-crop canola

New crop in 'a very uncertain stage'

Reading Time: < 1 minute MarketsFarm — The highs may be in for old-crop canola contracts on the ICE Futures platform, with attention in the market turning to the new crop. “I think the market has probably defined the upside potential and the acute demand rationing that needed to occur is done,” said Jerry Klassen, an independent commodity trader and […] Read more