Chicago Board of Trade corn, soybean and wheat futures strengthened on Tuesday, as a spell of hot weather hit the U.S. Midwest and the market took in weekly crop ratings from the U.S. Department of Agriculture, which all fell from last week.
U.S. grains: Corn and wheat rise on hot weather, fall in crop ratings
US says Bioceres genetically modified wheat can be grown safely
A type of genetically modified wheat developed by Argentina's Bioceres Crop Solutions may be safely grown and bred in the United States, the U.S. Department of Agriculture said on Tuesday.
U.S. grains: Corn hits near four-year low on farmer selling, bumper crop forecasts
Chicago Board of Trade (CBOT) most-active corn futures Cv1 fell to the lowest levels since 2020 on Monday as expectations of a bumper corn crop and a continued stream of farmer selling weighed on futures, analysts said.
U.S. livestock: Cattle futures firm on corn weakness, expected holiday demand
Chicago Mercantile Exchange (CME) cattle futures turned higher on technical trading on Monday, as live cattle contracts rose on expected consumer demand and hopes of some cash market prices firming, traders said.
Canadian rail decision is a win for companies, union leader says
A decision obliging more than 9,000 Canadian rail workers to stay on the job is a win for the railways and could impact bargaining in other federally regulated sectors like aviation, the head of a Canadian rail workers' union told Reuters.
Canada labour board orders end to railway work stoppage
Teamsters say decision sets dangerous precedent, will challenge the move in federal court if needed
The Canada Industrial Relations Board ordered on Saturday a halt to work stoppages at the country's largest railways, signaling an end to an unprecedented service disruption at both main freight rail carriers that threatened to hammer Canada's export-driven economy.
U.S. livestock: Cattle largely steady; July placements top estimates
Chicago Mercantile Exchange cattle futures were mostly stable on Friday on pre-weekend positioning following a technical-driven selloff this week, traders said.
U.S. grains: Soy rises on short-covering, wheat stays weak
Soybeans rose while corn eased on Friday as traders covered short positions ahead of the weekend while monitoring an incoming heatwave that could threaten some crops in the U.S. Midwest, traders said.
Canada rail shutdown may still delay western grain exports
Canada's rail shutdown may still delay loading of some bulk grain ships at the country's west-coast ports despite the government's move to end a stoppage at the nation's two largest railroads, traders and analysts said.
CN workers threaten strike, vow to fight Canada move to end rail shutdown
The union representing workers at Canadian National Railway said on Friday they would strike next week, in a fresh threat to the economy after vowing to challenge a government decision to end an unprecedented rail stoppage.
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