Chicago | Reuters — Chicago Mercantile Exchange live cattle posted modest losses on Thursday in anticipation of possibly lower prices for market-ready, or cash, cattle on Friday, traders said. Spot-October […] Read more
Markets/Business
U.S. livestock: CME live cattle fade with cash price hopes
Churchill to move pulses this fall, consider partnerships
Churchill | CNS Canada –– As its shipping season gets underway, the operators of Manitoba’s Port of Churchill are considering options for keeping the port viable going forward — especially […] Read more
U.S. farmers unlikely to book sales off the combine this fall
Chicago | Reuters –– Cash market sales of corn and soybeans will probably be slow around the U.S. this fall as weakness in the futures market and crumbling basis levels […] Read more
Churchill’s first shipment of season now loading
Churchill, Man. | CNS Canada — Grain loading has started on the first vessel of the season to reach Manitoba’s northern Port of Churchill. The Clipper Bettina arrived at the […] Read more
CBOT weekly outlook: Corn, soy trade up, but fundamentals bearish
CNS Canada — Despite short-term bullish factors in Chicago Board of Trade (CBOT) corn and soybeans, one analyst anticipates prices will be pressured in coming weeks. To start the week, […] Read more
ICE weekly outlook: Canola weak, but finding support
CNS Canada — ICE Futures Canada canola contracts posted losses in most months during the week ended Wednesday, though the market uncovered some support to the downside and finds itself […] Read more
U.S. grains: Soy drops on stable crop ratings, poor export demand
Chicago | Reuters –– U.S. soybean futures dipped on Wednesday on better-than-expected U.S. crop ratings and concerns about sluggish export demand. Wheat futures also declined, while corn traded near unchanged. […] Read more
U.S. livestock: Profit-taking trims CME live cattle gains
Chicago | Reuters — Chicago Mercantile Exchange live cattle closed lower on Wednesday, after profit-taking and cash price uncertainty turned back initial advances, traders said. Spot-October closed 0.5 cent/lb. lower […] Read more
Glencore to rein in debt as commodity slump persists
Reuters — Mining and trading company Glencore acknowledged on Monday the severity of the global commodity market slump as it suspended dividends and said it would sell assets and new […] Read more
Klassen: Feeder cattle market firm, erratic
Western Canadian feeder cattle prices were generally stronger this past week, with increased volatility at the higher price levels. Larger volumes were noted in Alberta, while Saskatchewan and Manitoba auction […] Read more
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