Harvest pressure and weakened United States wheat futures pressured most Western Canadian wheat bids during the week ended Aug. 22.
Markets/Business — page 101

Prairie Wheat Weekly: Western Canadian spring wheat pulled downward

US crop tour finds record Iowa corn crop prospects; Minnesota sub-par
Iowa's corn yield potential set a new record high for the Pro Farmer Crop Tour while excessive June rains drove Minnesota's corn yield prospects to the lowest levels since 2012, scouts on an annual tour of top U.S. production states found on Thursday.

U.S. grains: Wheat falls to new lows, corn and soy down on yield forecasts
Chicago Board of Trade wheat futures hit contract lows on Thursday as low prices for Black Sea wheat and a stronger dollar undercut the competitiveness of U.S. grains, analysts said.

U.S. livestock: Cattle futures gain on bargain buying
Chicago Mercantile Exchange (CME) live and feeder cattle futures ticked higher on Thursday on a spree of bargain buying as industry players believed cattle futures were oversold, analysts said.

Feed Grain Weekly: Prices could drop during rail shutdown
The work stoppage at the Canadian National Railway (CN Rail) and Canadian Pacific Kansas City (CPKC) will adversely affect feed grain sales and deliveries, according to one grain broker.

U.S. livestock: Feeder cattle up on signs of bargain buying
Chicago Mercantile Exchange (CME) feeder cattle ticked up on Wednesday on a rebound in bargain buying following a steep dive in the previous session.

U.S. grains: Wheat falls on large world supply; corn and soy edge up
Chicago Board of Trade wheat futures Wv1 fell on Wednesday as heavy world supplies and cheap Black Sea exports weighed on prices, ahead of a potential Canadian rail stoppage on Thursday.

ICE Canada Weekly: Little confidence in AAFC, StatCan reports
There is skepticism in the trade towards the latest numbers from Agriculture and Agri-Food Canada and those to come from Statistics Canada on Aug. 28, according to broker Ken Ball of Ventum Financial in Winnipeg.

CBOT Weekly: Prices stable with potential gains upcoming
Corn and wheat prices at the Chicago Board of Trade (CBOT) were mostly steady during the week ended Aug. 21, while those for soybeans started to move upward.

U.S. livestock: Cattle futures fall dramatically on technical selling
Chicago Mercantile Exchange (CME) live and feeder cattle futures took a steep dive on technical selling on Tuesday, analysts said, while lean hogs ticked down following cattle's slide.