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U.S. livestock: Lean hog futures lower, live cattle follow suit

Chicago | Reuters – U.S. hog futures declined on Monday on a mix of softer cash hog prices and technical selling after a run-up to contract highs earlier this month, traders said. Chicago Mercantile Exchange live cattle futures followed hogs lower. The benchmark June lean hogs contract fell roughly 3 percent, settling down 2.975 cents at 93.775 […] Read more

Larger soybean acreage and yield this year could mean a weaker basis at harvest.

Ontario soybean acres to jump in 2019

Planted soybean acres are expected to be up eight to 15 per cent

In this update, we’re providing our first acreage and production estimates for Ontario. Elevator bids for corn, soybeans and wheat are relatively unchanged from late March. The United States Department of Agriculture Prospective Plantings report was considered bearish for corn and soybean markets; however, traders are analyzing seeding conditions and making acreage adjustments due to […] Read more

ICE weekly outlook: Canola sideways, waiting for news

MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday, but remain stuck in a sideways trading range overall waiting for some fresh market-moving news. “April is usually the quietest month of the year for us,” said Ken Ball of PI Financial in Winnipeg. In addition to large world oilseed supplies overhanging […] Read more