Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: Wheat sags to 3-1/2-year low

Corn, soy firm ahead of USDA data

Reading Time: 2 minutes Chicago Board of Trade (CBOT) wheat futures ended mostly lower on Thursday with the benchmark contract Wv1 tumbling to a fresh 3-1/2-year low late in the session after China cancelled a purchase of U.S. wheat and Egypt scrapped an international purchase tender, traders said.






Photo: Stefanlinton/iStock/Getty Images

Klassen: Grassers and herd rebuilding confidence keeps feeders elevated

Major grazing regions of Western Canada receive more than double of normal precipitation in last month

Reading Time: 2 minutes The major grazing regions of Western Canada have received over 200 per cent of normal precipitation over the past 30 days. Grassers were red hot. Demand has also increased for herd building heifers which has diminished supplies for finishing feedlots.