For the week ending April 26, Western Canadian feeder cattle markets traded $3 to $5 higher compared to seven days earlier.
Markets
Klassen: Higher packer bids enhance feeder complex
U.S. grains: Wheat futures set contract lows on forecasts for beneficial US rain
U.S. wheat futures sank to contract lows on Monday on expectations that more rain will hit dry growing areas of the Plains after beneficial showers over the weekend, analysts said.
U.S. livestock: Cattle rise as Mexican imports questioned
Chicago cattle contracts rose on Monday as the U.S. threatened to to block Mexican cattle imports over New World screwworm concerns.
Speculative net long position grows in canola
Bullish bets rise
Speculative fund traders continue to add to their net long position in canola futures, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Higher deliveries in most grains; Canola drops back March to March
Canola drops back March to March
There were several increases in the producer deliveries major grains report for March compared to a year ago, according to Statistics Canada on April 28. However, there were notable decreases in canola and rye from March to March.
U.S. grains: Soybeans weaken on positioning, China’s tariff talk denials
Chicago soybeans fell down after multiple days of advances on Friday as many traders exited the market on positioning and news that China was denying claims by U.S. President Donald Trump that the two countries are in tariff talks.
U.S. livestock: Chicago lean hogs resume climb
Chicago lean hog futures resumed an upward trajectory on Friday after Thursday's dip while live cattle fluctuated on either side of unchanged.
CWRS bids dip with U.S. futures, CPSR firm
Spring wheat prices for week ended April 24
Hard red spring wheat bids in Western Canada moved lower during the week ended April 24, but other wheat varieties held firm despite losses in the United States futures.
Brazil to export more soy to China amid trade war, Abiove says
Brazil will export more soybeans to China and more soymeal to its main clients in Europe, the Middle East and Southeast Asia in 2025 amid the trade war between the United States and China, a director at industry group Abiove said on Thursday.
U.S. livestock: Hogs slip on news China cancelled some U.S. pork shipments
Most Chicago lean hog futures slid on Thursday as the U.S. Department of Agriculture reported China had canceled 12,000 metric tons of U.S. pork exports in the week ending April 17.
Markets