Chicago | Reuters — Chicago Mercantile Exchange hogs on Tuesday set a new high after recovering some of Monday’s hefty losses, helped by short-covering and futures’ discount to prices for […] Read more
Markets/Business
U.S. livestock: CME hogs hit new high, led by discount to cash prices
U.S. grains: Soy, corn extend rally on supply concerns, wheat falls
Chicago | Reuters — U.S. soybean futures rose 1.4 per cent on Tuesday, with old-crop months hitting fresh contract highs on follow-through buying after a government report confirmed that the […] Read more
More grain cars roll as eastern passage nears opening
Canadian National Railway (CN) reports it’s nearing the federal government’s mandated goal of moving 5,500 grain cars per week, just as the Great Lakes grain shipping corridor is set to […] Read more
Klassen: Feeder cattle market takes a breath
After the buying frenzy in mid-March, western Canadian feeder cattle prices were generally steady last week, with stronger demand noted in the lighter-weight stocker categories. The market is now experiencing […] Read more
Spring wheat cash bids fall with futures
CNS Canada — Cash bids for Canada Western Red Spring (CWRS) wheat moved lower during the week ended Monday, following sharp losses seen in U.S. futures markets. Average spot bids […] Read more
U.S. grains: Corn soars on smaller-than-expected supply, planting data
Chicago | Reuters — U.S. corn futures on Monday closed above $5 per bushel for the first time since late August after a highly anticipated U.S. crop report revealed inventories […] Read more
U.S. livestock: CME hogs close lower on bearish hog data
Chicago | Reuters — Chicago Mercantile Exchange hogs closed lower on Monday, recovering somewhat from a limit-down open in response to a recent bearish USDA hog report. CME feeder and […] Read more
Guenther: West Coast’s grain capacity a question mark
Saskatoon | Grainews –– Western Canada’s rail network isn’t the only piece of the grain logistics puzzle that needs attention, farmers heard here at Wednesday’s Grain Handling and Transportation Summit. […] Read more
Mustard acreage set to rise, but prices under pressure
CNS Canada — Last year’s good yields and an expected rise in the number of seeded acres have moved the spot price lower for mustard, but only slightly, according to […] Read more
ICE weekly outlook: Farmer selling to limit canola gains
CNS Canada — ICE Futures Canada canola contracts dropped sharply during the week ended Wednesday, but managed to recover off of those nearby lows with oversold price sentiment and an […] Read more
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