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(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Market watching weather, acres, trade

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Reading Time: < 1 minute CNS Canada — Canola futures bounced around within a rather narrow range during the week ended Wednesday, but generally trended higher as the market recovered off of the four-month lows hit on June 19. Statistics Canada releases updated acreage estimates on Friday, and any surprises in the data could provide some nearby direction. The U.S. […] Read more
(Gelmold/iStock/Getty Images)
Crops, Markets, Reuters

U.S. grains: Bargain buying lifts CBOT wheat

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose on Wednesday on bargain buying after a three-session sell-off pushed the Chicago Board of Trade September contract to a one-week low, traders said. CBOT soybeans and corn ended flat to firmer, consolidating after recent declines and as investors awaited two key U.S. government crop reports later this […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Hogs sink on weak cash markets, packer margins

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures settled mostly lower on Friday as falling cash hog prices and poor packer margins weighed on the market, traders said. Worries over slowed pork export demand due to threatened retaliatory tariffs by key trading partners, including Mexico and China, also weighed on the hog market. […] Read more
(CMEGroup.com)
Livestock, Markets, Reuters

U.S. livestock: Bargain buying pares some CME hogs’ losses

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange hog futures closed moderately higher on Thursday, with support from bargain buying and short-covering that pared some recent market losses amid U.S. trade worries, said analysts. U.S. hog farmers, still reeling from higher retaliatory tariffs on pork imposed by China in early April, are bracing for another round […] Read more
(Ablokhin/iStock Editorial/Getty Images)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Tariff spats put markets in precarious spot

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Reading Time: 2 minutes CNS Canada — The Chicago Board of Trade soybean market is in recovery mode following a wild day where contracts hit nearly a 10-year low. “It was one of the craziest days we’ve seen in recent memory yesterday. And volume was just absolutely through the roof,” said Terry Reilly, a senior commodity analyst with Futures […] Read more
U.S. Secretary of Agriculture Sonny Perdue and Canadian Agriculture Minister Lawrence MacAulay at Savannah, Georgia in June 2017. (Georgia Ports Authority photo by Stephen B. Morton)
Livestock, Reuters

As U.S., Canada spar, farm hopes ride on two men in lobster boat

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Reading Time: 2 minutes Reuters — While Justin Trudeau vowed last week not to be pushed around and U.S. President Donald Trump called the Canadian prime minister “weak,” two key officials in their governments with a seemingly harmonious relationship were making fishing plans. On Friday, U.S. Agriculture Secretary Sonny Perdue visited the farm of Canadian Agriculture Minister Lawrence MacAulay […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: CME hogs move up with cash prices

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange hogs rose for a second straight day on Wednesday as slaughter-ready, or cash, hog prices escalate in the midst of a seasonal supply squeeze, traders said. Sultry weather in parts of the U.S. Midwest caused livestock to eat less feed, which slows their weight gain and delivery to […] Read more

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