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

U.S. livestock: Hogs extend rally, cattle snap winning streak

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Tuesday gained for a third straight session, fueled by recently improved prices for slaughter-ready, or cash, hogs and wholesale pork values despite plentiful supplies, said traders. Fund buying developed after December and February futures opened above their respective 20-day moving averages of 42.51 and […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle hit two-week high on technical buying

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures climbed to a roughly two-week high on Friday, boosted by chart-based buying ahead of a government supply report that was released after the close, traders said. Chicago Mercantile Exchange live cattle extended steep gains from the previous session, with the two-day percentage rise of 4.9 per cent […] Read more
(Keith Weller photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soybeans climb on technical buying

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures rose on Friday on technical buying, bucking pressure from the harvest of a record-large U.S. soy crop and a strengthening dollar, analysts said. Corn also advanced while wheat fell, anchored by plentiful domestic and global stocks. At the CBOT, November soybeans settled up 7-1/2 cents […] Read more
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Large U.S. soy, corn crops hit resistance

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Reading Time: < 1 minute CNS Canada — Soybean and corn futures at the Chicago Board of Trade have moved up over the week ended Wednesday, but remain stuck in sideways trading ranges overall as large crops find themselves countered by equally large demand. “It’s a tug-of-war between the biggest supply ever, versus some of the strongest demand we’ve ever […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soybeans fall from peak on weak cash market

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell for the first time in four sessions on Tuesday, pressured by a weak cash market and by profit-taking after hitting a 3-1/2-week high earlier in the session, traders said. Corn futures eased in a mild technical setback but remained within the prior session’s trading range. Wheat dropped […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

U.S. grains: Corn, soy, wheat fall after USDA report

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures fell more than two per cent on Wednesday, the most in a month, while soybean and wheat futures also declined on expectations for record-large U.S. harvests and huge grain inventories. At the CBOT, December corn settled down 8-1/2 cents at $3.37 per bushel. November soybeans […] Read more
(Dave Bedard photo)
Canola, Crops, Markets, Weather

ICE weekly outlook: Canola watching weather

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Reading Time: < 1 minute CNS Canada — Snow, rain and cold temperatures over the past week helped canola futures trend higher, hitting their strongest levels in three months. With about a fifth of the crop facing harvest delays, more gains are possible, but the large U.S. soybean crop remains a bearish influence in the background. “Farmers continue to struggle […] Read more

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