(Dave Bedard photo)

ICE weekly outlook: Canola’s fate rests on fund buying

Reading Time: 2 minutes CNS Canada — ICE Futures Canada canola contracts moved higher during the week ended Wednesday, following strength in CBOT (Chicago Board of Trade) soybeans, but one analyst says it could be hard for the market to hold onto those advances. CBOT soybeans rallied Tuesday after the U.S. Department of Agriculture released bullish supply and demand […] Read more

(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans retreat from multi-month highs

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures declined on Wednesday in a light profit-taking setback, one day after bullish soy stocks data in a monthly U.S. government report sent soybeans soaring to the highest levels since 2014. Wheat also sagged, pressured by plentiful global supplies and the approach of the U.S. harvest. At […] Read more





(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle up third straight session

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday marked three days of gains, supported by their discounts to last week’s prices for market-ready, or cash, cattle, traders said. June live cattle closed 0.575 cent/lb. higher at 116.375 cents, and August ended up 0.625 cent at 114.35 cents (all figures US$). Cash […] Read more

(Allan Dawson photo)

U.S. grains: Profit-taking sparks sell-off

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn, soybean and wheat futures fell on Tuesday, pressured by a round of profit-taking and technical sales, traders said. Soybeans set back from a 15-month high hit during the overnight session while corn and wheat faced resistance after failing to take out last week’s peaks, sparking a […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle extend gains

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts on Monday landed in positive territory for a second straight session, driven by more short-covering and futures’ discounts to last week’s cash prices, traders said. June live cattle closed 0.875 cent/lb. higher at 115.8 cents, and August ended up 1.3 cents at 113.725 cents (all […] Read more

(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans rally on soymeal strength

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rallied on Monday, piggybacking on sharp gains in the soymeal market, while corn and wheat futures were steady to weaker. “Beans were down early… but came roaring back higher, led by the meal (again), and backstopped by a weaker U.S. dollar,” Charlie Sernatinger, global head of grain futures […] Read more


(Bob Nichols photo courtesy ARS/USDA)

U.S. grains: Corn rallies on export demand

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose 1.9 per cent on Thursday, with concerns about crops in South America spurring export demand for U.S. supplies, traders said. Soybean futures closed lower despite strong exports, with traders locking in profits after prices rallied to their highest since August. Wheat futures were mixed, with benchmark soft […] Read more

Hard white winter wheat growing in North Carolina in 2010. (Dave Marshall photo courtesy ARS/USDA)

U.S. grains: Wheat, corn fall; soybeans settle higher

Reading Time: 2 minutes Chicago | Reuters –– U.S. corn and wheat futures fell on Wednesday, setting back from two days of gains on profit taking as speculators locked in gains on recent short-covering rallies, traders said. “The funds have gotten heavy long up here,” said Mark Gold, managing partner with Top Third Ag Marketing in Chicago. “This is […] Read more