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(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat eases off four-week high on export slump

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat eased off a four-week high on Thursday amid disappointing export sales and forecasts for more rain relief in dry U.S. growing belts, which offset concerns about adverse harvest weather in Australia and turned traders’ attention back toward large global supplies. The firmer dollar also made U.S. wheat less attractive […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle close lower, but up from session lows

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished lower on Tuesday, pressured by cash price pessimism that later improved, following unexpectedly better cash prices which lifted contracts from morning lows, traders said. Spot October closed 2.875 cents/lb. lower at 136.675 cents, but is currently down 0.675 cents, to 138.875, in electronic trading […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle, hogs sag while digesting meat warnings

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, following last Friday’s cash prices that fell short of expectations and worries over potential consumer response to news about a possible tie to red meat and cancer risk, traders said. The World Health Organization (WHO) warned that eating processed meats can […] Read more
Silhouette of corn
Corn, Guide Business

A year for corn farmers to manage risk

It’s going to take skill to navigate your way to healthy prices in a year when volatile currency markets will make our price swings even wilder

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Reading Time: 5 minutes Corn farmers continue to be bedevilled by low corn futures prices. In Ontario just over a year ago, for instance, the December 2015 corn futures price on August 4, 2014 closed at $4.15 per bushel. This year on August 5, the December 2015 corn futures price closed at $3.78. In the history of agriculture, this […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Hogs, Livestock, Markets, Reuters

China to resume imports from U.S. pork plants

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Reading Time: < 1 minute Chicago | Reuters — China, the world’s largest pork consumer, will soon resume imports from 14 U.S. pork plants and warehouses, after halting some shipments last year over the use of a feed additive, the U.S. Department of Agriculture said Friday. USDA did not provide a date on which China will resume the imports. China’s […] Read more
(USDA.gov via Flickr)
Beef Cattle, Livestock, Markets, Reuters

Sept. U.S. feedlot cattle placements near 20-year low

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Reading Time: 2 minutes Chicago | Reuters — The number of cattle moved into U.S. feedlots in September fell to its lowest since the government began compiling the data in 1996, a U.S. Department of Agriculture report showed on Friday. Last month’s placement results were nearly in line with analysts’ forecasts, mostly based on the fall in prices for […] Read more
(Monsanto.com)
Corn, Crops, Reuters

Monsanto clears USDA regulatory hurdle for new GM corn

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Reading Time: 2 minutes Chicago | Reuters — The U.S. Department of Agriculture on Friday signed off on a new genetically modified type of corn developed by Monsanto after a review concluded it posed no significant threat to agricultural crops, other plants or the environment. USDA’s Animal and Plant Health Inspection Service (APHIS) announced it would deregulate Monsanto’s MON […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle finish mostly weak before USDA report

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Reading Time: 2 minutes Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts closed down slightly on Friday after investors tweaked positions in advance of Friday’s government’s monthly Cattle-On-Feed report at 2 p.m. CT. Analysts expect the report to show fewer cattle entered feedlots last month than in September 2014. “We were getting a bit over-bought and […] Read more

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