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(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle close higher, hogs lower

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures gained on Thursday in anticipation of an increase in prices for market-ready (cash) cattle by Friday, traders said. Investors adjusted positions before Friday’s U.S. Department of Agriculture monthly Cattle on Feed report. USDA will issue the monthly cold storage report on Thursday at 2 p.m. […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soyoil tops two-month high on export sales

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Reading Time: 2 minutes Chicago | Reuters — U.S. grain and oilseed futures advanced on Wednesday, with export sales driving soybean oil prices to their highest in more than two months. Exporters struck deals to sell 40,000 tonnes of U.S. soybean oil, including 20,000 to China and 20,000 to unknown destinations, the U.S. Department of Agriculture said. The deals […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle end mixed, hogs weaker

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished mixed on Wednesday stirred by profit-taking and positioning before the sale of cash cattle as early as Thursday, traders said. Spot October closed 0.275 cent/lb. lower at 139.975, and December down 0.025 cent to 143.15 (all figures US$). February and April closed up 0.275 […] Read more
(FIle photo by Allan Dawson)
Crops, Markets, Reuters

U.S. grains: Corn up on bargain buying after five-week low

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn, soybean and wheat futures rose on Tuesday, rebounding from earlier losses on technical buying and bargain hunting even as autumn harvests advanced more quickly than usual under dry weather conditions. Corn jumped from a five-week low and soybeans gained for the first time in five sessions. Wheat bounced from […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Higher beef prices extend CME live cattle advances

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures landed in positive territory for a third day in a row on Tuesday, driven by upward-trending wholesale beef values that may bode well for cash prices later this week, traders said. Spot October closed 1.975 cents/lb. higher at 140.25, and December up 1.525 cents, to […] Read more
(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets, Reuters, Weather

U.S. grains: Wheat hits four-week low as relieving rains forecast

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Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures fell to the lowest levels in about a month while corn and soybeans also eased on Monday, pressured by forecasts for crop-friendly rains and plentiful global supplies, traders and analysts said. Showers this week were likely to benefit parched wheat fields in Russia and the southern U.S. Plains […] Read more
(Michael Thompson photo courtesy ARS/USDA)
Crops, Markets, Reuters, Spring Wheat

U.S. grains: Wheat falls below $5 on global supply, forecasts

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade wheat futures fell roughly two per cent on Friday, dropping below US$5 a bushel amid plentiful global supplies and forecasts for timely rains in the U.S. Plains, analysts said. Corn firmed after hitting a one-month low ahead of a busy U.S. harvest weekend. Soybean futures fell on […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cash price caution undercuts CME live cattle

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished lower on Thursday after traders took profits while waiting for this week’s cash cattle trade to develop, traders said. Spot October closed 0.8 cent/lb. lower at 132.95 cents, and December down 0.875 cent, to 136.55 (all figures US$). “It was a quiet day with […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Hogs, Livestock, Markets, Reuters

Hog supplies grow as U.S. hog weights rise seasonally

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Reading Time: 2 minutes Chicago | Reuters –– U.S. hog weights have risen three times in as many weeks, likely confirming the onset of increasing hog numbers through the rest of the year, according to a university economist. Affordable feed and cooler weather in the Midwest are allowing hogs to grow faster, coinciding with plentiful supplies as the industry […] Read more

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