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(USDA.gov via Flickr)
Beef Cattle, Livestock, Markets, Reuters

Cattle placed in U.S. feedlots in January dip from last year

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Reading Time: 2 minutes Chicago | Reuters — The number of cattle moved into U.S. feedlots in January slipped one per cent from last year, according to a government report on Friday, nearly matching average industry forecasts. Feedlots were cautious about buying calves, or feeder, cattle while struggling to recoup 14 straight months of lost profits, partly blamed on […] Read more
(Dave Bedard photo)
General, Markets, Reuters

Farm incomes set to fall from record high

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Reading Time: 2 minutes Reuters — Canadian farm incomes look set to fall in 2016 after a year of record profits, but will still reach above-average levels, according to a report from the federal government. Rising receipts for crops and livestock have boosted incomes in recent years, due to greater demand in developing countries and a weak Canadian dollar, […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cash price outlook extends CME live cattle gains

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts rose for a third consecutive day on Thursday, with help from fund buying and anticipation of strong cash prices by late Friday, traders said. February closed 1.05 cents/lb. higher at 135.15, and April ended at 134.375 cents, up 0.95 cents (all figures US$). So far, […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Exports spark gains in soybeans

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Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures rose 1.3 per cent on Thursday as the U.S. Agriculture Department’s report of stronger-than-expected exports spurred a round of short-covering, traders said. Corn futures were steady to weak, with the front-month contract settling unchanged while deferred contracts posted modest declines. Corn had fallen for six days in a […] Read more
(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Wheat rises on bargain buying

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures firmed Wednesday, edging higher on a round of bargain buying and short-covering a day after prices hit their lowest in nearly six years, traders said. Corn and soybean futures were close to unchanged for most of the day but closed in negative territory. A bearish […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

U.S. grains: Wheat drops to lowest since 2010 on record supply estimate

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Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures dropped to their lowest level since 2010 after the U.S. government on Thursday said year-end global supplies would be the biggest in history. Prices crumbled as the U.S. Department of Agriculture’s forecasts for record-large world wheat production and ending stocks fuelled fears about excessive inventories. Concerns about large […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soybeans set new 2016 low as rains hit dry Argentina

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures slid to seven-week lows on Monday after weekend rains across major exporter Argentina reduced the likelihood that dry weather would curb yields. Wheat futures dropped to a one-month low and corn dropped to its lowest level in three weeks as losses in other markets, including equities and energy, […] Read more
(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soybeans await fresh news

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Reading Time: 2 minutes CNS Canada — Corn and soybean futures at the Chicago Board of Trade are waiting on fresh news for direction, according to one U.S. analyst, as both markets move on mostly technical trading short-term. “There’s some bullish influence, there’s some bearish influence, but at the end of the day, there’s just not much push either […] Read more

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