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(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy rallies off multi-year low ahead of U.S. holiday

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Reading Time: 2 minutes Reuters — Soybean futures climbed more than one per cent on Wednesday, bouncing on short-covering after this week’s 6-1/2 year low, ahead of a U.S. holiday. Corn also rose as investors covered short positions and as farmers maintained a slow selling pace to the cash market. Nearby Chicago wheat futures extended losses from the previous […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle ease on profit-taking after one-week highs

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle and feeder cattle futures fell as much as 1.8 per cent on Tuesday as investors took profits after prices hit a one-week high in the previous session, traders and analysts said. A government report on Monday showing bigger beef supplies than a year ago also weighed on futures […] Read more
(Lisa Guenther photo)
Crops, Dairy Cattle, Markets, Reuters

U.S. grains: Wheat drops on improving crop conditions, big stocks

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Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures fell more than two per cent on Tuesday, giving up all the prior session’s gains, as a further improvement in the condition of the U.S. winter crop placed attention back on ample global supply of the staple cereal. Corn prices eased, following wheat lower and further pressured by […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle slide before USDA report

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures lost modest ground on Friday, amid caution ahead of Friday afternoon’s cash prices and the U.S. Department of Agriculture’s monthly Cattle on Feed report, traders said. Analysts expect the report to show fewer cattle placed into feedlots last month than a year ago. Spot December […] Read more
(USDA.gov via Flickr)
Beef Cattle, Livestock, Markets, Reuters

U.S. feedlot cattle placements hit nearly 20-year low

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Reading Time: 2 minutes Chicago | Reuters — The number of cattle placed into U.S. feedlots last month declined four per cent from a year ago to their lowest level for October since the government began tabulating the data in 1996, a U.S. Department of Agriculture report showed on Friday. October’s placement results nearly matched forecasts by analysts, who […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lower beef quote undermines CME live cattle

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle closed lower on Thursday after profit-taking and a drop in the day’s wholesale beef price ended a two-day rally, traders said. Spot December and February finished 1.075 cents/lb. lower at 129.9 and 132.05 cents, respectively (all figures US$). Thursday morning’s wholesale choice beef price had fallen […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat rallies 1.5 per cent

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Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat, corn and soybean futures all firmed on Thursday on support from better-than-expected export sales reports for all three commodities, traders said. Gains in soybeans were limited by a huge global supply base following bumper harvests across the U.S. Midwest as well as improving crop weather in South America. Wheat […] Read more
(Keith Weller photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soybeans, wheat close lower

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Wednesday in a technical setback following two days of modest gains, traders said. Wheat futures also weakened as a bleak fundamental picture, highlighted by plentiful global stocks, cast a bearish tone across the agriculture sector. Corn was mixed, with some contracts edging higher on a late […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle, hogs continue gains for second day

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Reading Time: 2 minutes Chicago | Reuters — Livestock futures traders continued to hunt for cover on their short positions Thursday, resulting in Chicago Mercantile Exchange cattle futures climbing a second day after prices slid to contract lows earlier this week. The Chicago Mercantile Exchange saw live cattle and feeder cattle futures on Wednesday bounce back strongly from contract […] Read more
(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Wheat firms but weak exports limit gains

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures firmed on Thursday on technical buying including short-covering, but advances were modest as export sentiment remained gloomy. Soybean futures also rose while corn closed narrowly mixed. At the Chicago Board of Trade, December wheat settled up 3-1/4 cents at $4.98 a bushel, after briefly trading above $5 for […] Read more

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