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Livestock, Markets

U.S. livestock: Cattle futures rise on supply concerns

CME lean hog futures down

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Reading Time: < 1 minute Chicago | Reuters — Live cattle futures rose to their highest in more than a month on Thursday, supported by signs of a stabilizing cash market and concerns about tight supplies in the coming months, traders said. “The feedlots believe… that we have a marketing hole for most of October into December,” Don Roose, president […] Read more
Crops, Markets

U.S. grains: Harvest pressure weighs on corn, soybeans

CBOT wheat futures firm

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Reading Time: 2 minutes Chicago | Reuters –– U.S. corn and soybean futures dropped to their lowest in more than a week on Thursday, with investors locking in gains made from a recent rally as combines rolled across key production areas of the Midwest, traders said. “The grains appear to be in full-on profit-taking mode this week as the […] Read more
Crops, Markets

Feed weekly outlook: Prairie grain prices on rise despite harvest

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Reading Time: < 1 minute MarketsFarm — Feed barley and wheat prices in Western Canada have been showing some unusual strength in late September, with prices rising despite seasonal harvest pressure. “Right now we’ve been seeing a lot of talk about exports and the need for feed at feedlots,” said Erin Harakal, senior trader at Agfinity at Stony Plain, Alta. […] Read more

This week on ‘Between The Rows’

Episode 192, Sept. 24, 2020

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Reading Time: < 1 minute To hear the latest episode of Between The Rows, CLICK HERE. The show is also available to you each week through Apple Podcasts and Google Podcasts.  
Livestock, Markets

U.S. livestock: Live cattle futures up ahead of USDA report

Hogs also up ahead of separate USDA data

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures gained on Wednesday, as traders weighed continued strong slaughter rates against expectations for higher placements in the U.S. Department of Agriculture’s end-of-week Cattle on Feed report. “The beef market looks like it’s possibly stabilizing, and that should be supportive for cattle prices in the near term,” said […] Read more
Livestock

JBS vows to monitor whole cattle supply chain’s impact on Amazon

Packer plans to move against cattle 'laundering'

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Reading Time: 2 minutes Sao Paulo | Reuters — JBS SA, the world’s top meatpacker, said Wednesday it plans to combat destruction in the Amazon by monitoring its entire supply chain for deforestation by 2025, as pressure mounts from environmentalists and investors. Brazilian meatpackers are facing increasing criticism that beef production is fueling deforestation in the Amazon, where cleared […] Read more
Crops, Markets

U.S. grains: Wheat, corn, soy fall as dollar rises

U.S. harvest accelerates, adding pressure

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures dropped 1.8 per cent on Wednesday, pressured by a firm dollar that traders said was depressing already weak overseas demand for U.S. supplies. “We are still not getting the export demand,” said Mark Schultz, chief market analyst at Northstar Commodity. “There is plenty of wheat […] Read more
Machinery, Markets

Throne speech commits to rural broadband improvement

Rural health care, water management also on deck

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Reading Time: 2 minutes The federal minority Liberal government is promising job creation, better rural internet access and a commitment to combating climate change in its newly revealed legislative plans. In an ambitious throne speech delivered Wednesday, Prime Minister Justin Trudeau’s party committed itself to implementing universal child care and extending or enhancing many of the economic measures put […] Read more

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