(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME feeder cattle limit up on bearish corn data

Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange feeder cattle futures on Thursday settled up their 4.5-cents/lb. maximum daily price limit, spurred by the morning’s bearish government grain report, traders said. U.S. farmers intend to plant 93.6 million acres of corn and 82.2 million acres of soybeans in 2016, the U.S. Department of Agriculture said on […] Read more

(USDA.gov via Flickr)

U.S. acreage plans not set in stone as corn price drops

Reading Time: 2 minutes Washington | Reuters –– U.S. farmers could plant more soybean acres than suggested in the government’s acreage forecast issued Thursday, as recent gains in the futures market tempted them to alter their corn-heavy seeding plans, growers and analysts said. The U.S. Agriculture Department report showed farmers intend to plant 93.601 million acres of corn this […] Read more


(Dave Clark photo courtesy ARS/USDA)

U.S. grains: Corn tumbles four per cent on acreage forecast shock

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures plunged more than four per cent on Thursday in the market’s steepest drop since mid-August after the U.S. Agriculture Department forecast 2016 planted acreage well above trade expectations. Soybeans firmed on USDA’s lower-than-expected soybean acreage and quarterly stocks estimates, although gains were limited by spillover pressure from corn. […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)

Two more states’ eggs, poultry allowed into Canada

Reading Time: 2 minutes Cross-border travellers may again bring raw poultry meat, eggs and live birds into Canada from North Dakota and Missouri. The Canadian Food Inspection Agency last week shortened its list of U.S. states under avian influenza-related restrictions to just one. Indiana remains under limits imposed in January after highly pathogenic (“high-path”) H7N8 avian flu turned up at […] Read more


 (Dave Bedard photo)

ICE weekly outlook: Canola watching USDA report

Reading Time: < 1 minute CNS Canada — ICE Futures Canada canola contracts advanced during the week ended Wednesday, as weakness in the Canadian dollar and solid support from vegetable oil pushed prices higher. The front-month May contract started the period below technical resistance but soon climbed above $470 per tonne and at one point appeared ready to test the […] Read more

(Lisa Guenther photo)

CBOT weekly outlook: Corn, soybeans await data

Reading Time: 2 minutes CNS Canada — Soybeans and corn at the Chicago Board of Trade have been edging higher on investor short-covering ahead of a key report from the U.S. Department of Agriculture. While trade estimates are bearish for both of those markets, highly-anticipated reports often throw curveballs at investors, one analyst says. Soybeans – “This report is […] Read more


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

U.S. grains: Wheat drops from two-week high

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures tumbled more than two per cent on Wednesday, erasing two sessions of gains, as forecasts for rain in some dry areas of the southern Plains eased concerns about reduced yields. Corn and soybeans also declined as traders adjusted positions ahead of the U.S. Agriculture Department’s planting intentions and […] Read more

(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: CME hogs finish higher

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained for a second straight day on Tuesday in a quiet session, with help from short-covering and technical buying, traders said. April closed up 0.325 cent/lb., to 70.25 cents (all figures US$). May ended 0.575 cent higher at 78.85 cents and June finished up 0.475 […] Read more