Chicago | Reuters — Chicago Mercantile Exchange live cattle settled mixed on Wednesday, supported by October future’s discount to last week’s cash prices but pressured by profit-taking, traders said. October […] Read more
Markets/Business
U.S. livestock: CME live cattle end mixed after choppy session
U.S. grains: Soybeans, wheat set new contract lows before USDA reports
Chicago | Reuters — New-crop U.S. soybean futures hit a new contract low on Wednesday and corn matched its contract low ahead of the release of U.S. crop reports that […] Read more
Russian farming giant counts on boost from sanctions
Moscow | Reuters — Russian farming conglomerate Rusagro Group hopes the state will help it boost pork output to replace Western imports banned in tit-for-tat moves over Ukraine, but is […] Read more
U.S. livestock: Strong pork prices boost hogs more than two per cent
Chicago | Reuters — Chicago Mercantile Exchange hog futures closed up over two per cent on Tuesday, lifted by the bounce in wholesale pork values and cash price optimism, traders […] Read more
U.S. grains: New-crop soybeans fall below $10 as big harvest looms
Chicago | Reuters –– U.S. benchmark new-crop soybean futures dropped below US$10 a bushel on Tuesday, pressured by strong yield reports from the start of the harvest and diminished fears […] Read more
FNA gauging farmer interest in bid for CWB
Farm input buying group Farmers of North America (FNA) is feeling out Prairie farmers’ appetite for investment in a bid for control of CWB. Saskatoon-based FNA, already in the midst […] Read more
No crash in U.S. farmland seen despite tumbling grain prices
Chicago | Reuters — David Fullington paid a “ridiculous” price of US$13,600 an acre for a 200-acre farm in Illinois within the last year and says he and his partners […] Read more
Klassen: Yearlings in hot demand
September has started with a roar, with fresh lofty levels reached on all weight categories and classes of feeder cattle. The slower summer period gave feedlot operators a chance to […] Read more
Prairie wheat bids follow U.S. futures lower
CNS Canada — Bids for Canada Western Red Spring (CWRS) at moved down at most locations across Western Canada during the week ended Friday, despite mounting weather-related concerns across the […] Read more
U.S. livestock: CME live cattle end lower as funds roll positions
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed lower on Monday as funds rolled their positions by selling the October contract and buying deferred months, traders said. […] Read more
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