(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Weather forecast weighs on soybeans

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Friday as the weather outlook for the Midwest bolstered expectations of a huge harvest in the fall, traders said. Chicago Board of Trade corn and wheat futures firmed, recovering from early weakness on short-covering and technical buying. The forecast for key growing areas of the U.S. […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle losses mount in fund selloff

Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished lower for a fourth straight session on Thursday, saddled by fund liquidation after slipping below technical support levels, traders said. August live cattle ended 1.175 cents/lb. lower at 113.575 cents (all figures US$). October closed 1.825 cents lower at 110.575 cents and below the […] Read more


(Lisa Guenther photo)

CBOT weekly outlook: Short-term pre-harvest gains likely for corn, soy

Reading Time: 2 minutes CNS Canada — Soybean and corn futures at the Chicago Board of Trade (CBOT) have moved off their nearby lows in recent sessions, and should be due for some more strength in the short-term before seasonal harvest pressure kicks in. The U.S. Department of Agriculture released relatively bearish production estimates on Friday, predicting larger-than-expected U.S. […] Read more

(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Exports support soybeans

Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures rose to their highest in nearly four weeks on Wednesday on strong demand from China, the world’s top buyer of the oilseed, traders said. Corn and wheat futures posted mild gains on a round of short-covering. It was corn’s fourth positive close in a row. “We had some […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market brewing but caution prevails

Reading Time: 2 minutes Western Canadian feeder cattle prices were steady to $4 higher relative to week-ago levels. Yearling volumes are starting to increase in central and northern Alberta while the southern and eastern regions experienced limited activity. Buyers’ opaque attitudes resulted in a firmer tone and no one could feel guilty for a minor intemperance. However, the circumspect […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat rises on short-covering

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures firmed on Tuesday, with a falling dollar spurring a mild round of short-covering in the beaten-down market, traders said. Corn futures also edged higher, with technical buying underpinning the market. Soybeans weakened, drawing back from sharp gains on Monday as investors locked in profits. Rain in eastern parts […] Read more


(Scott Bauer photo courtesy ARS/USDA)

U.S. livestock: CME lean hogs up again on cash, pork prices

Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange lean hog contracts closed higher for a second consecutive session on Monday, buoyed by stronger cash and wholesale pork prices, traders said. October ended 2.5 cents/lb. higher at 62.5 cents and December finished up 2.075 cents to 57.025 (all figures US$). Cash hog prices in the U.S. Midwest […] Read more

(Keith Weller photo courtesy ARS/USDA)

U.S. grains: Soybeans gain as soyoil rallies

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean future surged 2.8 per cent on Monday to their highest in more than three weeks, supported by strong export demand and a rally in the soyoil market, traders said. The gains in soybeans pulled corn higher, but wheat closed lower as traders locked in profits from early gains amid […] Read more


(Allan Dawson photo)

U.S. grains: Corn touches seven-year low on record crop view

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures plunged to a seven-year low on Friday and hit contract lows in all months after a the government forecast a larger-than-expected harvest, but the market ultimately closed firm as the low prices prompted bargain buying. Soybeans eased as the U.S. Department of Agriculture projected the U.S. crop would […] Read more

(USDA.gov via Flickr)

USDA sees record U.S. corn, soy crops after good July weather

Reading Time: 2 minutes Washington | Reuters — The U.S. soybean and corn harvests will be the biggest ever this fall, according to a U.S. Agriculture Department monthly outlook that boosted yield and production forecasts for both crops above market expectations. USDA on Friday pegged the corn crop at 15.153 billion bushels, based on an average yield of 175.1 […] Read more