Reading Time: 2 minutes For the week ending May 4, Western Canadian feeder cattle prices were quite variable and the market was hard to define. Alberta and certain regions of Saskatchewan received snow, which caused the market to trade $3 to $5 lower. However, in Eastern Saskatchewan and Manitoba, feeder cattle prices were steady to $3 higher.
Klassen: Feeder cattle experience weather market
U.S. grains: Wheat resumes fall after rain, soy up on technical trading
Reading Time: < 1 minute Chicago Board of Trade (CBOT) benchmark wheat futures fell on Wednesday after ticking up in the early session as much-needed rainfall reaches key wheat-growing areas of the U.S. Plains and southern Russia.
U.S. grains: Soybeans slide as soyoil plummets; wheat, corn sag
Reading Time: 2 minutes U.S. soybean futures fell nearly two per cent on Tuesday as falling soyoil prices dragged down the soy complex amid weak demand, deliveries against the May futures contract and market uncertainty, traders said.
Klassen: Stronger fed market underpins feeder complex
Reading Time: 2 minutes For the week ending April 27, Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier.
U.S. grains: Wheat tumbles as Russian rain forecast spurs profit taking
Reading Time: 2 minutes Chicago benchmark wheat futures WN24 fell more than two per cent on Monday, snapping a seven-session rally, as the crop outlook in top exporter Russia improved on forecasts for rain, analysts said.
U.S. grains: Wheat climbs with dry weather fears continuing
Reading Time: 2 minutes Chicago Board of Trade wheat futures hit highs not seen since January for a second day, as anxiety over dry weather conditions persisted for top exporter Russia.
U.S. grains: Wheat futures rally on dry weather concerns, Black Sea attacks
Reading Time: 2 minutes Chicago Board of Trade wheat futures continued their steady climb on Wednesday, as dry weather raised concerns in key growing regions and Russian attacks in the Black Sea area threatened to disrupt supply chains.
CBOT weekly outlook: May futures winding down, coming rains factor into prices
Reading Time: 2 minutes As the last full of week of April is set to wind down, two factors will determine the course of United States soybean, corn and wheat futures. Those are the rain forecast for the weekend of Apr. 27 and 28, and last day for May futures on Apr. 26, according to hedging strategist Scott Capinegro of AgMarket.net.
U.S. grains: Wheat extends rally as US crop rating fall keeps weather in focus
Reading Time: 2 minutes Chicago wheat surged to a two-month high on Tuesday as a decline in U.S. winter wheat conditions focused attention on weather risks to northern hemisphere crops.
Klassen: Feeder market recovers from weather discount
Reading Time: 2 minutes Compared to last week, backgrounded yearlings traded $4-$8/cwt higher on average. Calves were quite variable with prices quoted from unchanged to as much as $10 higher. Overall, there appeared to be stronger buying interest this week across all weight categories.