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(FIle photo by Allan Dawson)
Crops, Markets, Reuters

U.S. grains: Corn jumps in trading against wheat

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Reading Time: 2 minutes Reuters — U.S. corn futures jumped to a 10-1/2 week high on Monday, lifted by trades that simultaneously bought the grain and sold wheat, after last week’s report on supplies by the U.S. Department of Agriculture. Chicago wheat slipped, while soybeans rose to their highest since Sept. 23 on short-covering and gains in soymeal. USDA […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Hogs, cattle tumble to multi-year lows on supply woes

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Reading Time: 2 minutes Chicago | Reuters — U.S. hog and cattle futures plummeted to the lowest levels in years on Friday, extending recent declines amid abundant animal and meat supplies and as investors squared up their books on the final day of the quarter, traders said. Chicago Mercantile Exchange lean hogs fell roughly five per cent for their […] Read more
(Allan Dawson photo)
Crops, Markets, Reuters

U.S. grains: Corn jumps on positioning, new signals of feed demand

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures jumped Friday on quarter-end positioning and government crop data that signalled livestock producers had not cut back on feeding the grain in favour of wheat, as some traders had expected. Prices rose after the U.S. Department of Agriculture, in a quarterly crop report, said 1.738 billion bushels of […] Read more
(Keith Weller photo courtesy ARS/USDA)
Hogs, Livestock, Reuters

September record-large U.S. hog herd topped expectations

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Reading Time: 2 minutes Reuters — The U.S. hog herd in the June-August quarter grew two per cent versus a year ago to a record high, according to Friday’s U.S. Department of Agriculture report, which surpassed average trade projections. Affordable feed, solid summer grilling demand and respectable U.S. pork exports encouraged farmers to grow their herds. Several producers ramped […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

USDA reports U.S. wheat stocks biggest since 1987

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Reading Time: 2 minutes Washington | Reuters –– U.S. wheat supplies ballooned to the biggest in nearly 30 years during the summer months, topping expectations, as a 12 per cent jump in production and weak demand on the export market filled storage bins, the government said Friday. The U.S. Agriculture Department also reported corn and soybean stocks as of […] Read more
(USDA.gov via Flickr)
Beef Cattle, Livestock, Markets, Reuters

USDA requires meat packers to report online cattle auction deals

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Reading Time: 2 minutes Chicago | Reuters –– The U.S. Department of Agriculture said Thursday it will require meat packers to report cattle purchases they make through online auctions to the agency starting next week, a move that stoked traders’ hopes for more transparent markets. USDA will begin including transactions from auctions on the Fed Cattle Exchange in pricing […] Read more
(Keith Weller photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soybean futures strong, wheat weak

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures firmed on Thursday on a mild round of bargain buying and short-covering ahead of a key government report on Friday, traders said. Signs of strong export demand for the oilseed also lent support to soybean futures but gains were kept in check by reports of good yields from […] Read more
(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: More losses likely as U.S. harvest pressure mounts

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Reading Time: 2 minutes CNS Canada — Soybean and corn futures at the Chicago Board of Trade are both trending lower and should continue to do so, as seasonal harvest pressure and large production estimates will limit the upside potential over the next few weeks. “To some extent, the large crops are dialed in to our prices,” said Rich […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Corn, soybeans fall on harvest pressure

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures weakened Wednesday on expectations that drier weather in the coming days will allow farmers in the Midwest to ramp up the harvest of what is expected to be record-large crops, traders said. MGEX spring wheat and K.C. hard red winter wheat contracts firmed on tight stocks […] Read more

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