CBOT December 2021 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Soy, corn slide on macroeconomic fears, biofuel worries

CBOT, MGEX December wheats also down

Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures fell to their lowest in nearly two months on Friday and corn set a near one-month low on macroeconomic concerns along with beneficial rains in the western Midwest and Plains, analysts said. Soyoil futures fell more than five per cent on reports that the U.S. Environmental Protection Agency […] Read more

CME October 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME cattle rebound on improving cash markets, beef prices

CME lean hogs also up off Thursday losses

Reading Time: < 1 minute Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange rebounded from prior-session losses on Friday, supported by signs of improving cash cattle prices and firming wholesale beef values, traders said. Prices, however, continued to struggle to break out of their recent trading range as concerns about slowing global economic growth and rising […] Read more


CME October 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: CME cattle, hogs drop in broader commodities sell-off

Investors take 'risk-off' approach, U.S. dollar surges

Reading Time: 2 minutes Chicago | Reuters — Cattle and hog futures on the Chicago Mercantile Exchange fell on Thursday, tracking broader market pressure amid worries about global growth and despite rising prices for beef and pork, traders said. Crude oil fell to its lowest levels since May and the U.S. dollar surged to a nine-month high, as rising […] Read more

CBOT December 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Corn, soy sag on broad commodities weakness

Forecasts call for rain in northwestern U.S. Midwest

Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures fell about 2.5 per cent on Thursday, following broad declines in commodities including crude oil and metals tied to fears about slowing global growth, analysts said. Pressure also stemmed from forecasts for rains in northwestern portions of the Midwest that could improve production prospects, particularly for […] Read more


CME October 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME cattle up on firm cash market, beef prices

Speculative buying, cash pork prices lift lean hogs

Reading Time: < 1 minute Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange firmed on Wednesday on higher cash cattle and beef prices, while feeder cattle gained as rains were forecast to hit drought-parched grazing pastures in the western Midwest and northern Plains, traders said. The U.S. Department of Agriculture (USDA) reported moderately active cattle sales […] Read more

CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soybeans fall on technicals, U.S. weather

Wheat, corn futures end firm

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell Wednesday on technical selling and forecasts for welcome rains in northwestern portions of the U.S. Midwest, but wheat and corn futures edged higher. Chicago Board of Trade November soybeans settled down 8-1/4 cents at $13.53-1/4 per bushel (all figures US$). CBOT December wheat ended up 2-3/4 cents […] Read more



CME October 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: Lean hogs, live cattle end lower on uncertain demand

'Labour availability' still an issue for packers

Reading Time: 2 minutes Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange ended lower on Tuesday on long liquidation and uncertainty about demand for various cuts of pork, traders said. Benchmark CME October lean hogs settled down 1.1 cents, or 1.2 per cent, at 87.9 cents/lb., retreating from Monday’s nearly three per cent rise (all […] Read more


CBOT September 2021 wheat (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Wheat tumbles on profit-taking off eight-year high

Chicago corn, soy follow

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell more than three per cent on Tuesday in a profit-taking setback after the most-active contract reached an 8-1/2-year high last week, traders said. Corn and soybean futures followed wheat lower, with soybeans retreating from early advances despite fresh export sales of U.S. soy. Chicago Board of Trade […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Strong demand underpins yearling market

Western Canada will be seeking U.S. corn

Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were unchanged to as much as $4 higher in some cases; calf markets traded $2-$3 on either side of unchanged as prices were quite variable across the Prairies. Major feedlot operators were extremely aggressive for yearlings. Larger groups of one-cut cattle were very well bid. April live […] Read more