U.S. grains: Wheat drops on poor exports

Reading Time: 3 minutes U.S. wheat futures fell more than one per cent to a one-week low on Thursday on slow U.S. export sales of wheat and a larger-than-expected Canadian crop. Wheat tumbled for the second day in a row, and at 1.5 per cent, posted its biggest one-day decline in over two months. European wheat futures, which hit […] Read more


U.S. livestock: Hog futures fall to eight-month low

Reading Time: 2 minutes Chicago Mercantile Exchange hog futures on Thursday fell to an eight-month low, pressured by fund selling and weaker cash hog prices, traders said. The U.S. Department of Agriculture on Thursday afternoon quoted the closely watched Iowa/Minnesota hog market at $77.70 per hundredweight (cwt), down $1.08 from Wednesday (all figures US$). Hog supplies have increased at […] Read more



U.S. grains: Canada’s big crop hits wheat

Reading Time: 3 minutes U.S. soybean futures were higher on Wednesday, reversing two days of declines, on technical buying despite prospects for a huge soy harvest in South America. “I don’t see any thing fundamental to this, it was technical with buy-stops hit and there also was buying of March $13.20 calls in options, which helped,” a trader said […] Read more

StatsCan shows shockingly large crops all around

StatsCan shows shockingly large crops all around

Reading Time: 2 minutes Statistics Canada pegged surprisingly large 2013-14 production figures for many of the crops grown in the country in its final crop report of 2013, released Wednesday. “There’s just no getting around it, this is the biggest crop of Canadian history and it’s basically a shocker all around,” said Mike Jubinville of ProFarmer Canada in Winnipeg. […] Read more


U.S. grains: Wheat up on export demand, weather worries

Reading Time: 3 minutes U.S. wheat futures ended higher on Tuesday on growing export demand and a cold snap forecast for late this week that may harm some U.S. wheat, but gains were capped by increased production prospects in Australia. Corn closed firm as well on short-covering and on spillover from the gains in wheat while soybeans were mixed […] Read more

U.S. livestock: Live cattle end higher on gains in cash

Reading Time: 2 minutes Chicago Mercantile Exchange live cattle futures closed higher in thin trading on Friday supported by stronger cash cattle prices, traders said. Beef packers this week paid $132 per hundredweight (cwt) for cattle in the U.S. Plains, up $1 from last week’s trade, feedlot sources said. U.S. Department of Agriculture data showed some sales at $133/cwt […] Read more



Arctic blast puts wheat crop at risk in U.S. Plains

Reading Time: 2 minutes Frigid weather headed to the U.S. Plains states next week will push the young wheat crop into dormancy and cause damage if snow fails to blanket the crop before the Arctic blast hits the region, an agricultural meteorologist said on Wednesday. The potential risks of winterkill damage, though, eased from earlier in the week as […] Read more


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