Chicago | Reuters — Chicago Mercantile Exchange live cattle turned lower, pressured by profit-taking and uncertainty regarding this week’s slaughter-ready or cash prices, traders said. Bullish participants see packers paying […] Read more
Markets/Business
U.S. livestock: Cash price uncertainty weakens CME live cattle
U.S. grains: Soybeans, wheat rally; corn close to unchanged
Chicago | Reuters — U.S. soybean futures rose 1.7 per cent on Tuesday on signs that domestic processors kept their plants running at high levels even as supplies dwindled, traders […] Read more
Lower input costs seen encouraging more canaryseed acres
CNS Canada — Canaryseed’s reduced dependence on pricey fertilizer — and reduced exposure to the transportation issues facing other crops — could lead to increased acres this spring on the […] Read more
CWRS wheat cash bids edge down, basis steady
CNS Canada –– Cash bids for Canada Western Red Spring (CWRS) wheat held relatively steady during the week ended Monday, posting small losses in many locations in sympathy with the […] Read more
Weather, Ukraine boost U.S. wheat futures
CNS Canada — U.S. wheat futures rose sharply on Monday and could continue to increase due to cold weather in the southern Plains and the political unrest in Ukraine. “We […] Read more
U.S. grains: Wheat jumps on U.S. Plains frost, Ukraine tension
Chicago | Reuters — U.S. wheat futures surged nearly three per cent on Monday as traders responded to fresh tensions in the Black Sea region, coupled with the threat of […] Read more
U.S. livestock: Fund buying sends CME hogs mostly higher
Chicago | Reuters — Most Chicago Mercantile Exchange hog contracts gained ground on Monday with help from fund buying and anticipation of reduced production in the weeks ahead, traders and […] Read more
Klassen: Feeder cattle market remains strong
Throughout the winter and early spring period, feeder cattle prices have been trending higher led by strength in beef values throughout the food processing chain. However, it appears consumer demand […] Read more
U.S. grains: Soybeans extend drop on China defaults; corn, wheat sag
Chicago | Reuters — U.S. soybeans fell for a second straight session on Friday, dropping further below an eight-month high touched earlier in the week, as Chinese importers’ defaults on […] Read more
U.S. livestock: Fund buying extends CME live cattle gains
Chicago | Reuters –– Chicago Mercantile Exchange live cattle gained for a fourth straight day on Friday on short-covering and fund buying after futures broke through technical resistance levels, traders […] Read more
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