(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat, corn fall sharply

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell on Wednesday, extending their decline under pressure from the ongoing harvest of a bountiful crop in the Plains and the Midwest which threatens to add to a glut of supplies that is largely being shunned by overseas buyers. Corn futures also dropped, pressured by forecasts for rain […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Large beef supplies weigh on feeder market

Reading Time: 2 minutes Western Canadian feeder cattle prices experienced a week-over-week decline of $8-$12 on average while isolated sales dropped nearly $20. The sharp fall in the fed cattle market was the main reason for the deteriorating buying interest. Just when feedlots thought the worst was over, the market gave them another dose of reality. The retail market […] Read more



(Gloria Solano-Aguilar photo courtesy ARS/USDA)

June U.S. hog herd unexpectedly climbs to record high

Reading Time: 2 minutes Reuters — The U.S. hog herd in the March-May quarter rose two per cent to a record high versus a year ago, according to Friday’s U.S. Department of Agriculture report, which exceeded most analysts’ forecasts. Farmers added to their herds due to affordable feed, strong U.S. pork export demand and gradual price improvement for their […] Read more


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Big U.S. cattle placements in May point to more meat in Q3

Reading Time: 2 minutes Chicago | Reuters — Cattle placed in U.S. feedlots for fattening surged by 10 per cent in May, the U.S. Department of Agriculture said on Friday in data that suggested beef supplies will be ample and prices potentially lower in the third quarter of 2016. However, analysts polled by Reuters predicted the spike in placements. […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle tumble, hogs decline on liquidation after Brexit

Reading Time: < 1 minute Chicago | Reuters –– U.S. live cattle tumbled more than two per cent on Friday, extending the week’s losses to the largest in about two months, as investors liquidated holdings following Britain’s referendum vote to exit the European Union, traders and analysts said. Feeder cattle futures also fell sharply while lean hogs notched smaller declines […] Read more


(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy, corn drop on Brexit fallout

Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybeans fell on Friday, caught up in a broad commodity sell-off as investors shed risky assets following Britain’s vote to leave the European Union. Wheat was mixed, with the front-month Chicago Board of Trade soft red winter wheat contract eking out a small gain on short-covering while deferred […] Read more



(Dave Clark photo courtesy ARS/USDA)

U.S. grains: Corn falls most in three years on crop prospects

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures tumbled nearly six per cent on Tuesday, the biggest one-day slide in three years, as forecasts for less-threatening weather in the Midwest prompted funds to liquidate long positions, traders said. Soybeans and wheat followed corn’s lead. K.C. hard red winter wheat futures hit contract lows. At the Chicago […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle fall to four-year low on beef prices

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures tumbled to the lowest levels in more than four years on Monday as weak cash cattle prices and declining beef values underscored worries of flagging demand, traders and analysts said. Feeder cattle extended losses to a fresh three-year low while lean hogs trimmed declines to finish mixed […] Read more