Markets
For the week ending May 16, Western Canadian feeder markets were steady to $6 higher on average compared to seven days earlier. Heifers were relatively unchanged but steers were notably stronger, especially on replacements over 800 pounds.
Markets
Klassen: Buying interest for feeder cattle subsides
U.S. livestock: Cattle futures, beef boxes recover some losses
Glacier FarmMedia | MarketsFarm – Cattle contracts on the Chicago Mercantile Exchange made small gains on Friday, providing little relief at the end of a tough week. The August live […] Read more
CWRS bids weaken, but basis improves
Hard red spring wheat bids in Western Canada moved lower during the week ended May 15, as losses in the United States futures weighed on values. However, weakness in the Canadian dollar was supportive and basis levels improved.
Feed Grain Weekly: Barley still in demand at feedlots
Barley prices to stay put for now: trader
Feed barley is still in demand at feedlots in Lethbridge, but prices will remain steady for the time being, according to a Saskatoon-area trader.
U.S. livestock: CME cattle futures backtrack from record highs
Chicago Mercantile Exchange live cattle and feeder cattle futures tumbled on Wednesday after climbing to records on dwindling U.S. supplies.
ICE canola weekly outlook: Biofuel optimism provides boost
Futures hit 18-month highs
ICE Futures canola contracts climbed higher during the week ended May 14, hitting their best levels in 18 months as proposed changes to biofuel policies in the United States lent support.
U.S. grains: Soybeans hit nearly 10-month high on biofuel and trade hopes
Chicago Board of Trade soybean futures set a nearly 10-month high on Wednesday as the truce in the U.S.-China tariff dispute and a proposal to extend a U.S. biofuel tax credit boosted hopes for demand.
CBOT Weekly: Weather, new crop projections top of mind
Planting, growing progress pressuring prices
Soybean futures on the Chicago Board of Trade may trade sideways in the coming weeks, while corn and wheat make gains, according to a Chicago trader.
U.S. grains: Soybeans higher on bullish USDA report, US-China trade truce
Chicago soybean futures settled higher on Tuesday on strength from a temporary truce in the U.S.-China trade war and a bullish U.S. Department of Agriculture report, though profit-taking pressured prices throughout the session.
U.S. livestock: Cattle mixed, hogs make modest gains
Chicago cattle futures settled on either side of unchanged, Tuesday, after setting fresh highs on Monday. Lean hog contracts made modest gains.