(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market brewing but caution prevails

Reading Time: 2 minutes Western Canadian feeder cattle prices were steady to $4 higher relative to week-ago levels. Yearling volumes are starting to increase in central and northern Alberta while the southern and eastern regions experienced limited activity. Buyers’ opaque attitudes resulted in a firmer tone and no one could feel guilty for a minor intemperance. However, the circumspect […] Read more


(Lisa Guenther photo)

CBOT weekly outlook: Corn, soy enter temperature-driven phase

Reading Time: < 1 minute CNS Canada — Chicago Board of Trade corn and soybean futures are entering a period that is typically driven by weather concerns and little else. The U.S. Department of Agriculture on Tuesday released its world agricultural supply and demand estimates (WASDE) report. Both corn and soybeans improved in price after the report predicted lower-than-expected stocks […] Read more

(Lisa Guenther photo)

CBOT weekly outlook: Corn, soy likely to decline in wake of USDA reports

Reading Time: 2 minutes CNS Canada — Corn and soybean markets at the Chicago Board of Trade moved to fresh highs on the week, gaining alongside mounting weather concerns, but one U.S. analyst says the rally could be limited. Soybeans — “It’s just completely insane, but we’ll see what the (U.S. Department of Agriculture) has to say,” said Sean […] Read more


(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat jumps for seventh straight day

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures climbed for a seventh straight session on Thursday, the longest such streak in nearly two years, as a weaker U.S. dollar and concerns about adverse crop weather sparked fund short covering and other buying. Soybeans also rose for a seventh day while corn advanced for the sixth time […] Read more

(Lisa Guenther photo)

CBOT weekly outlook: Corn, soy at high end of trading ranges

Reading Time: 2 minutes CNS Canada — Corn and soybean futures at the Chicago Board of Trade have moved to the high-end of their trading ranges, as the U.S. Department of Agriculture left ending stock estimates little-changed. “Looks like we’re still trading ranges, but we’re back up to the top,” said Brian Rydlund, market analyst at CHS Hedging. Corn […] Read more


(USDA.gov via Flickr)

U.S. grains: Harvest pressure hits prices before crop reports

Reading Time: 2 minutes Chicago | Reuters — U.S. grain futures on Thursday extended a setback from 10-week highs reached a session earlier, pressured by an influx of fresh supplies from U.S. harvests and profit taking ahead of the release of highly anticipated crop data. Soybeans also fell, snapping a three-day rally before the U.S. Department of Agriculture issues […] Read more

(Lisa Guenther photo)

CBOT weekly outlook: Corn, soy rest on USDA report

Reading Time: 2 minutes CNS Canada –– The short-term fate of corn and soybean futures at the Chicago Board of Trade rests on an upcoming supply and demand report, according to one analyst. Long-term, traders are watching global weather patterns, which could put crops at risk. The U.S. Department of Agriculture (USDA) will release its monthly World Agricultural Supply […] Read more


(Dave Bedard photo)

ICE weekly outlook: Canola rises ahead of USDA report

Reading Time: < 1 minute CNS Canada –– ICE Futures Canada canola contracts moved higher during the week ended Wednesday, as traders began to position themselves in anticipation of a U.S. report due out Aug. 12. The U.S. Department of Agriculture’s World Agricultural Supply and Demand Estimates (WASDE) report “is certainly a factor” in the direction of canola, said Keith […] Read more

(Lisa Guenther photo)

U.S. grains: Corn, soy rise on short-covering ahead of USDA report

Reading Time: 2 minutes Chicago | Reuters –– U.S. corn and soybean futures edged higher on Monday, lifted by investor short-covering and position-squaring ahead of the monthly U.S. Department of Agriculture supply and demand report due on Tuesday. USDA said earlier that top soybean importer China purchased 120,000 tonnes of the grain within 24 hours, while analysts at AgRural […] Read more