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(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat, soy futures jump on weather woes

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Reading Time: 2 minutes Chicago | Reuters — Weather concerns sparked a rally in U.S. wheat and soybean futures on Monday, with forecasts for dry conditions threatening to reduce harvests in key growing areas, traders said. Chicago Board of Trade soft red winter wheat futures jumped 3.4 per cent to their highest since Aug. 8 on concerns about dryness […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

USDA lowers U.S. corn stocks view as exports rise

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Reading Time: 2 minutes Washington | Reuters — Surging export demand for U.S. corn will cut into domestic stockpiles of the grain by more than expected, the U.S. Agriculture Department said on Thursday. But U.S. soybean stocks were forecast to rise as a bumper harvest in Brazil will allow overseas buyers to source their oilseed purchases from the South […] Read more
Crops, Markets, Reuters

U.S. grains: Soybeans hit one-week top

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures set a one-week high on Thursday as worries about dry weather curtailing Argentina’s harvest overshadowed bearish data in a monthly U.S. Department of Agriculture report (USDA), analysts said. Corn futures firmed on strong export demand while wheat retreated on profit-taking after multimonth highs. Chicago Board of Trade March […] Read more
(FIle photo by Allan Dawson)
Crops, Markets, Reuters

U.S. grains: Wheat surges on worries about Plains dryness

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Reading Time: 2 minutes Chicago | Reuters — Nearby Chicago wheat futures jumped three per cent on Wednesday and hit a four-month high on worries about dry conditions threatening yield prospects in the southern U.S. Plains, analysts said. Corn futures rose on robust export demand for U.S. supplies while soybean futures declined after a choppy session. Chicago Board of […] Read more
Canola, Crops, Markets

ICE weekly outlook: Rain in Argentina could provide direction

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Reading Time: < 1 minute CNS Canada — ICE Futures Canada canola contracts finally broke through the psychologically-important $500 per tonne mark during the week ended Wednesday. That could be a fleeting achievement, however, depending on the chances for rainfall in Argentina and the next U.S. Department of Agriculture report. “If rain comes, soybeans could go down to US$9.60 a […] Read more
Ripe soybeans near Morden, Man. on Sept. 14, 2017. (Allan Dawson photo)
Crops, Markets, Reuters

U.S. grains: Soybeans dip on Argentina rain outlook, technical selling

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell for a third straight session on Friday on technical selling and as an improved South American crop weather forecast soothed some anxiety about drought-reduced production in Argentina. Wheat also declined, with soft red winter wheat futures pressured by forecasts for snow in some U.S. production areas. Corn […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle limit up on fund buying

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday touched a three-month top, spurred by short-covering and fund buying, said traders. April closed up its three-cent-per-pound daily price limit (all figures US$). Investors bought that contract and simultaneously sold February. The limit will expand to 4.5 cents on Friday. February live cattle […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soybeans fall on weak exports, bumper Brazil harvest

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures dropped for a second straight day on Thursday on technical selling and profit taking following government data showing lower-than-anticipated U.S. export sales last week. Forecasts for rain and cooler temperatures in Argentina by mid-February and an accelerating soy harvest in Brazil further weighed on prices. Corn and wheat […] Read more
(USDA.gov via Flickr)
Beef Cattle, Livestock, Markets, Reuters

Southern Plains drought slows U.S. cattle herd growth

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Reading Time: 2 minutes Chicago | Reuters — Encroaching drought in the U.S. southern Plains contributed to the smallest rise in the nation’s cattle population in three years, analysts said after the government’s semi-annual cattle inventory report on Wednesday. Insufficient moisture in parts of Texas and Oklahoma, along with areas of persistent dryness in the northern Plains, hurt winter […] Read more

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