CNS Canada –– ICE Futures Canada canola contracts were mixed during the week ended Wednesday, with the nearby January contract hitting its weakest levels in two months, but the more […] Read more
Markets/Business
ICE weekly outlook: Nearby canola trending lower
U.S. livestock: CME live cattle finish strong after wild ride
Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts closed higher on Tuesday amid massive short-covering spurred by higher wholesale beef values that overcame selling led by lower cash […] Read more
Green, yellow pea markets stop moving in tandem short-term
CNS Canada –– Canada’s green and yellow pea markets typically move together, as each market pulls the other up or down, but they seem to have broken out of that […] Read more
U.S. grains: Wheat futures sag as conditions improve
Chicago | Reuters — U.S. wheat futures shed 1.3 per cent on Tuesday, their third straight day of declines, after a government report showed that crop conditions improved amid better […] Read more
U.S. livestock: CME live cattle tumble limit down
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished Monday’s session down by their three cents/lb. daily price limit after late Friday’s cash prices fell short of expectations, […] Read more
Klassen: Feedlots curb buying interest
Despair is the price one pays for setting an impossible aim. Given the phone calls over the past week, producers have been expecting something the market cannot offer. Western Canadian […] Read more
Prairie wheat bids ebb lower
CNS Canada –– Cash wheat bids across Western Canada ebbed lower during the week ended Friday, as U.S. futures dipped and basis levels fluctuated. Average Canada Western Red Spring (CWRS) […] Read more
U.S. grains: Soybeans bounce from 6-1/2 year lows
Chicago | Reuters –– U.S. soybean futures firmed on Monday, rising from 6-1/2 year lows on bargain-buying as investors covered bearish bets amid signs of strong export demand, traders said. […] Read more
U.S. livestock: Heavy meat supplies sour CME cattle, hog futures
Chicago | Reuters –– Chicago Mercantile Exchange cattle futures fell sharply on Friday, rounding out the week on a sour note as traders sought cover amid a steep downturn in […] Read more
U.S. grains: Corn, soy, wheat close lower, post weekly losses
Chicago | Reuters — U.S. soybean futures fell on Friday on a profit-taking setback after posting gains in the previous two sessions, traders said. Soybeans closed near session lows but […] Read more