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

CBOT weekly outlook: Corn, soy futures maintain status quo

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Reading Time: 2 minutes CNS Canada — Soybean and corn futures at the Chicago Board of Trade have kept rangebound this week with little excitement. During the week ended Wednesday the December corn contract rose slightly, by 2.5 cents, to $3.51 per bushel (all figures US$). The dominant November contract for soybeans fell 3.25 cents, to $9.9675 per bushel. […] Read more
(Photo courtesy United Soybean Board)
Crops, Markets, Reuters

U.S. grains: Soybeans fall as harvest speeds up

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures eased on Tuesday after a U.S. government report showed farmers had increased their pace of harvesting what is expected to be a massive crop after a slow start, analysts said. Corn and wheat futures also settled in positive territory, recovering early losses after holding support at key technical […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Profit-taking, cash prices drop CME hogs

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed lower on Monday, pressured by profit-taking following the morning’s cash price drop, traders said. December hogs finished 1.325 cents/lb. lower at 63.525 cents, and February ended 0.875 cent lower at 68.225 cents (all figures US$). Some investors sold futures after analysts predicted a 480,000-plus head […] Read more
(USDA.gov via Flickr)
Finishers, Livestock, Markets, Reuters

U.S. September cattle placements surge

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Reading Time: 2 minutes Chicago | Reuters — Ranchers in September drove 13.5 per cent more cattle into U.S. feedlots than the same month a year earlier, the U.S. Department of Agriculture reported on Friday. The result topped analysts’ average forecasts and hit its highest level for the month in six years. “The good news for the consumer is […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle rise before USDA report

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Friday, helped by short-covering and positioning before the U.S. Department of Agriculture’s monthly Cattle on Feed report on Friday at 2 p.m. CT, said traders. They said that with December futures slated to be the new lead month following October’s expiration, investors periodically […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: CME hogs hit two-month high

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Thursday, hitting their highest level in two months led by steadily climbing prices for market-ready, or cash, hogs as packers competed for supplies, said traders. December hogs finished 0.5 cent/lb. higher at 64.250 cents, and February ended 0.475 cent higher at 68.475 cent […] Read more
(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soy steady as attention turns to South America

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Reading Time: 1 minute CNS Canada — Soybean and corn futures at the Chicago Board of Trade are both keeping rangebound as attention shifts from last week’s U.S. Department of Agriculture supply/demand report to South American growing conditions. During the week ended Wednesday the December corn contract rose 2.5 cents, to $3.485 per bushel (all figures US$). On the […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Hog futures tumble in reversal on technical selloff

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell about two per cent in a technical selloff on Tuesday, easing from an earlier two-month high in a reversal that could portend further declines, traders and analysts said. Live cattle and feeder cattle futures each dropped to the lowest levels in about two weeks […] Read more
(USDA.gov via Flickr)
Livestock, Markets, Reuters

USDA plan to axe livestock pricing rule divides producers

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Reading Time: 2 minutes Chicago | Reuters — The U.S. Department of Agriculture (USDA) in a filing on Tuesday said it will dismantle Obama-era rules for buying and selling livestock, a move that has divided the U.S. meat industry. U.S. Agriculture Secretary Sonny Perdue withdrew an interim final rule and a proposed regulation of the Farmer Fair Practices Rules […] Read more

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