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(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans, Winter Wheat

CBOT weekly outlook: Futures get weather boost

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Reading Time: 2 minutes CNS Canada — The troublesome weather that gave Chicago Board of Trade (CBOT) corn, soybean and wheat contracts a boost over the past week should remain supportive, despite nearby technical setbacks, according to a trader. “I’m still slightly bullish on beans, corn and wheat given the unfavourable weather situation in South America, with too much […] Read more
(FIle photo by Allan Dawson)
Crops, Markets, Reuters

U.S. grains: Profit-taking drags wheat from multimonth peaks

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Reading Time: 2 minutes Chicago | Reuters — U.S. winter wheat futures turned lower on Wednesday in a profit-taking setback from multi-month highs after five straight sessions of gains fuelled by concerns over poor crop conditions in the U.S. Soybeans were also lower as traders banked profits from a recent grain market rally and a slightly improved crop weather […] Read more
(iStock photo)
Hogs, Livestock, Markets

Pork exports key in 2018 as U.S. slaughter ramps up

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Reading Time: 2 minutes CNS Canada –– Canadian pork producers should see higher returns for their product in the spring of 2018, but whether those prices last may determine how successful Canada is at tapping new markets. According to U.S. Department of Agriculture supply estimates, weekly U.S. hog slaughter numbers over the past two months have averaged 2.369 million […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Strong cash trade lifts CME live cattle

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Monday, riding a tailwind from Friday’s higher-than-expected prices for market-ready, or cash, cattle, traders said. February live cattle finished 1.1 cents/lb. higher at 125.7 cents and most-active April settled up 0.375 cents at 125 cents (all figures US$). After futures closed on Friday, […] Read more
(USDA.gov via Flickr)
Finishers, Livestock, Markets, Reuters

Drought lands more cattle into U.S. feedlots than expected

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Reading Time: 2 minutes Chicago | Reuters — Ranchers sent nearly one per cent more cattle to U.S. feedlots in December than the same time a year earlier, the U.S. Department of Agriculture reported on Friday. The result topped most analysts’ predictions, mainly led by worsening drought in the U.S. southern Plains that shriveled available winter wheat grazing pasture. […] Read more
Ripe soybeans near Morden, Man. on Sept. 14, 2017. (Allan Dawson photo)
Crops, Markets, Reuters

U.S. grains: Soybeans retreat from seven-week high

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures pulled back on Thursday after concerns about drought in rival exporter Argentina temporarily pushed prices above US$10 a bushel for the first time in seven weeks. The market finished unchanged, breaking a streak of eight sessions with consecutive advances. A ninth session would have marked the longest string […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Beef quotes send CME live cattle higher

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday gained after triggering buy stops, spurred by the morning’s wholesale beef price rebound, traders said. Firmer wholesale beef values stirred bull spreads, in which traders bought February futures and simultaneously sold deferred months. February live cattle finished 1.175 cents/lb. higher at 124.725 cents […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle futures sag

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange cattle futures edged lower on Friday to snap a five-session climb, pressured by technical selling and uncertainty about cash price direction, given that cash cattle did not trade ahead of the closing bell, brokers said. However, after the futures market closed, fed cattle traded lightly in cash markets […] Read more

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