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

U.S. livestock: CME live cattle down fourth straight session

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Reading Time: 2 minutes Chicago | Reuters — Monday saw Chicago Mercantile Exchange live cattle futures slide for a fourth consecutive session, dragged down by slumping seasonal beef demand that could again pressure cash prices for this week, traders said. August closed down 0.875 cent/lb. to 146.625 cents, and October 0.7 cent lower at 149.75 cents (all figures US$). […] Read more
(Allan Dawson photo)
Crops, Markets, Reuters

U.S. grains: Corn sets one-year highs on tighter old-crop U.S. supply

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures reached one-year highs and soybeans jumped on Friday as the U.S. Agriculture Department made bigger-than-expected cuts to its estimates for stocks of crops left over from last year’s harvests. The reductions, revealed in a monthly USDA report, added to concerns about supplies among traders worried that persistent rains […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

U.S. old-crop soy, corn stocks miss forecasts

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Reading Time: 2 minutes Washington | Reuters — The U.S. Agriculture Department on Friday cut its outlook for the supply of corn and soybeans that will be left over at the end of the 2014-15 marketing year by more than expected, sending futures prices sharply higher. But new-crop corn and soybean stocks came in above expectations due to large […] Read more
(Lisa Guenther photo)
Crops, Markets, Reuters

U.S. grains: Soybeans, corn rally ahead of USDA report

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade soybean futures surged 2.9 per cent on Thursday on concerns that more rain in the U.S. Midwest would hinder crop development, traders said. Corn futures followed soybeans higher. Expectations that the U.S. Agriculture Department will trim its production forecast for both commodities in its monthly supply and […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Reuters

White House directs U.S. GMO regulators to update oversight

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Reading Time: 2 minutes Reuters — The White House on Thursday directed the three U.S. agencies that oversee biotech crop products to improve and modernize their regulatory “framework” to boost public confidence in a system that critics call a failure. The order, announced in a statement by President Barack Obama’s Office of Science and Technology Policy, followed demands by […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

U.S. grains: USDA data ignite biggest daily rallies in five years

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Reading Time: 2 minutes Chicago | Reuters –– U.S. grain and soybean futures on Tuesday climbed to their highest prices since December after the U.S. Agriculture Department said crop stockpiles and spring plantings were smaller than analysts expected. Traders are keeping a close eye on supply data amid uncertainty about how big the autumn corn and soybean harvests will […] Read more
(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans, Weather

CBOT weekly outlook: Weather seen steering soybeans

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Reading Time: 2 minutes CNS Canada — CBOT soybean futures posted solid gains over the past week, coming to a five-and-a-half month high on Tuesday. Weather guided the soybean trade, rather than the U.S. Department of Agriculture’s acreage and stocks reports. John Weyer, co-director of the commercial hedge division at Walsh Trading, said soybeans came in near or above […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Canola receives boost from soybeans

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Reading Time: < 1 minute CNS Canada — The ICE Futures Canada canola market pulled higher during the week ended Tuesday, following heavy gains in the U.S. soy complex which advanced to its highest point in five months Tuesday. Traders were keenly observing Tuesday’s 2015-16 Statistics Canada acreage report which called for 19.84 million acres of canola in Western Canada. […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Corn, Hogs, Livestock, Markets, Reuters

U.S. livestock: Corn prices drop CME feeder cattle limit down

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Reading Time: 2 minutes Chicago | Reuters — Thinly traded Chicago Mercantile Exchange feeder cattle futures closed down their 4.5-cent/lb. maximum daily limit on Tuesday, responding to steep corn market gains, traders said. Chicago Board of Trade corn futures jumped nearly eight per cent after the U.S. Department of Agriculture’s bullish grain report. Pricey corn could increase input costs […] Read more

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