Sydney | Reuters — Australia raised its forecast for beef exports by 20 per cent on Tuesday as drought conditions worsened by an El Nino weather pattern force farmers in […] Read more
Markets/Business
Australia lifts beef export forecast as El Nino bites
Klassen: Feeder cattle market momentum eases
The upward momentum in the feeder cattle complex appears to have subsided over the past week. Western Canadian prices were relatively stable with week-ago levels but there were cases of […] Read more
Prairie wheat bids climb higher
CNS Canada — Cash wheat bids across Western Canada posted solid gains during the week ended Friday, as U.S. futures recovered from their five-year lows and Canadian basis levels showed […] Read more
Legumex to sell processing plants, wind down company
Winnipeg | Reuters –– Prairie special crops firm Legumex Walker said Monday it has agreed to sell its pulse and special crop processing plants and expects to sell its U.S. […] Read more
U.S. grains: Corn extends run to one-month top on USDA yield cut
Chicago | Reuters — U.S. corn surged to a one-month high while wheat and soybean futures also rose sharply on Monday as investors bet the U.S. Department of Agriculture will […] Read more
U.S. livestock: Short-covering pares early CME live cattle losses
Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed higher on Monday after short-covering trumped follow-through selling that initially pressed futures to a 15-month low, traders said. Spot-October closed […] Read more
U.S. livestock: Drops in cash, beef prices topple CME live cattle futures
Chicago/Reuters – Chicago Mercantile Exchange live cattle futures at one point on Friday matched their 15-month low, responding to slumping prices for wholesale beef and market-ready, or cash, cattle, traders […] Read more
U.S. grains: Soy shakes off 6-year low, corn jumps on U.S. crop fears
Chicago/Reuters – U.S. soybean futures bounced on Friday after a surprise increase in the Department of Agriculture’s autumn harvest forecast knocked prices to six-year lows. Corn futures neared one-month highs […] Read more
Feed barley looking bearish
CNS Canada –– Seasonal harvest pressure is starting to weigh on feed grains in Western Canada, while quality downgrades to crops still on the field may put further pressure on […] Read more
U.S. grains: Corn tops one-week high on expectation for harvest cut
Chicago | Reuters –– U.S. grain and soybean futures edged higher on Thursday, with corn topping a one-week high, on expectations that the U.S. Agriculture Department will trim its domestic […] Read more
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