CNS Canada — Oats futures at the Chicago Board of Trade are currently at their strongest levels relative to corn since 2006, as Canadian logistics issues have caused nearby oats […] Read more
Markets/Business
Oats/corn spread narrows in, as oats rise
U.S. livestock: CME live cattle sag on cash price expectations
Chicago Mercantile Exchange live cattle futures on Tuesday moved downward in anticipation of possibly steady-to-lower cash prices this week, traders said. More cattle are available for sale than a week […] Read more
U.S. grains: Wheat rises after Egypt buys from U.S.
U.S. wheat rallied on Tuesday as top global buyer Egypt purchased a cargo from the United States for the second time this month and bitter cold threatened to damage the […] Read more
No changes seen to COOL in new U.S. Farm Bill
Canadian livestock groups’ hopes for change in the U.S. government’s mandatory country-of-origin labelling (COOL) laws on meat now return to the World Trade Organization (WTO), as no such changes have […] Read more
U.S. congressional negotiators reach deal on Farm Bill
Washington | Reuters — U.S. congressional negotiators have reached a bipartisan agreement on the long-overdue Farm Bill, and a vote on the legislation could come soon, Senator Debbie Stabenow said […] Read more
Mixed price action seen in Prairie wheat markets
CNS Canada — Western Canadian wheat cash bids were mixed during the week ending Monday. Canada Western Red Spring (CWRS) bids were down slightly, while Canada Prairie Spring Red (CPSR) […] Read more
Canpotex signs potash deal with Chinese fertilizer player
Reuters — Canpotex, the offshore selling arm for three North American potash companies, said Friday it has signed an agreement to supply the crop nutrient to Sinochem Fertilizer Macao Commercial Offshore […] Read more
U.S. grains: Soy rises on U.S. export data, cold boosts corn
Chicago | Reuters — U.S. soybean futures rose on Monday after government data showed larger-than-expected export shipments of the beans and as rains slowed the early soy harvest in top […] Read more
U.S. livestock: CME live cattle, hog futures finish mixed
Chicago Mercantile Exchange live cattle futures settled mixed on Monday after a choppy session. February live cattle closed 0.25 cent per pound lower at 143.15 cents, and April ended 0.45 […] Read more
Klassen: Upward momentum supports feeder cattle market
Newton’s first law of motion continues to describe the cattle market, as an object in motion tends to stay in motion until acted upon by another force. Last year is […] Read more