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(Allan Dawson photo)
Crops, Markets, Reuters

U.S. grains: Corn hits two-week high

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Reading Time: 2 minutes Chicago | Reuters –– U.S. corn futures hit a two-week high on Wednesday on a mix of short-covering and worries about the pace of U.S. crop maturity, traders said. Soybeans and wheat futures also posted modest advances. Chicago Board of Trade December corn futures settled up 2-1/2 cents at $3.61 per bushel after reaching $3.62, […] Read more
(FIle photo by Allan Dawson)
Crops, Markets, Reuters

U.S. grains: Corn lower as yield forecasts rise

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell on Friday on rising expectations of plentiful supplies from what should be a bumper Midwest harvest beginning later this month, analysts said. Soybean futures firmed, led by strength in soyoil, and wheat rose on technical buying ahead of a three-day U.S. holiday weekend. Markets will be closed […] Read more
(FIle photo by Allan Dawson)
Crops, Markets, Reuters

U.S. grains: Corn hits contract low ahead of big harvest

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures fell to contract lows for the fifth straight session on Tuesday on technical selling linked to the approaching harvest of a bumper U.S. crop, traders and analysts said. CBOT wheat futures also notched life-of-contract lows before reversing slightly higher on bargain buying while soy prices […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Supplies drag CME hogs to eight-month low

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Monday were weakened by falling prices for slaughter-ready, or cash, hogs along with softer wholesale pork values as supplies build seasonally, said traders. They said packers also have more livestock at their disposal as packing plants prepare to shut down for the upcoming Labour […] Read more
(USDA.gov via Flickr)
Finishers, Livestock, Markets, Reuters

U.S. July feedlot cattle placements smaller than expected

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Reading Time: 2 minutes Chicago | Reuters — Ranchers in July placed 2.7 per cent more cattle in U.S. feedlots than a year ago, the U.S. Department of Agriculture reported on Friday, which fell short of average analysts’ forecasts. Dwindling profits for feedyards, after being paid less for their cattle by packers, discouraged them from buying calves for fattening […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Live cattle gain before USDA report, but off highs

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle posted modest gains on Friday after investors tweaked positions before the U.S. Department of Agriculture’s monthly Cattle on Feed report at 2 p.m. CT, traders said. Analysts polled by Reuters expect the report to show 6.2 per cent more cattle entered feedlots in July than a […] Read more
(Allan Dawson photo)
Crops, Markets, Reuters

U.S. grains: Corn hits contract lows on supply pressure

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures fell to contract lows on Friday, pressured by technical selling and abundant global grain supplies ahead of another bumper U.S. harvest, traders and analysts said. Soybean futures also eased, declining from Thursday’s two-week high as investors took profits ahead of final data from the annual […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle snap back from nine-month low

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle settled higher on Thursday after short-covering and bargain buying rescued futures from a nine-month low earlier in the session, said traders. Technical buying and positioning before the U.S. Department of Agriculture’s monthly Cattle on Feed report on Friday provided more market support. August, which will expire […] Read more

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