Chicago cattle futures returned to gains on Thursday after two days of losses, while all but the most distant hog contracts edged down.
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Markets/Business — page 14
U.S. livestock: Cattle contracts regain strength, hogs edge down
U.S. grains: CBOT corn prices slip as weather aids US crops
Chicago corn futures fell on Thursday as beneficial weather patterns moved through growing areas, analysts said.
Feed Grain Weekly: Farmers still waiting on pasture
Buying activity at feedlots continue to be strong
There is still some buying activity at feedlots despite some cattle already being put out to pasture for the summer months, according to Susanne Leclerc at Edmonton-based Market Master Ltd.
U.S. livestock: Cattle continue slump, hogs rise
Chicago cattle futures slid for the second consecutive day on Wednesday while hog futures continued to climb.
U.S. grains: CBOT soybeans, corn fall on quick planting pace
Chicago soybean futures dropped on Wednesday as the U.S. Department of Agriculture's data showed rapid planting progress, and demand was slow, according to analysts.
ICE Canada Weekly: Canola to move with the weather
Announcement pending on 45Z biofuel tax credit
As May winds down the prospect of rain saw canola futures on the Intercontinental Exchange fall back on May 28, with the old crop July contract taking the biggest hit.
CBOT weekly: Weather in focus for soybeans, corn and wheat
Weather conditions will be a major factor moving grain and oilseed markets in the United States over the next few months, as seeding operations wrap up and attention turns to the developing crops.
U.S. grains: Wheat falls on rain in growing regions
Chicago wheat fell for a third straight session on Tuesday, as rain in growing areas of the U.S. Plains improved moisture for the crop, reinforcing expectations of a well-supplied market, according to analysts.
U.S. livestock: Cattle fall on unconfirmed screwworm report
Chicago cattle futures fell on Tuesday as an unconfirmed report of a case of New World screwworm led to a sell-off.
Klassen: Lower beef production forecasts support feeder complex
Improving feedlot margins contributed to the stronger feeder market. Alberta packers were buying finished cattle on a dressed basis at $500/cwt delivered which was fresh record high. Using a 60 per cent grading, this equates to a live price of $300/cwt. Feedlot breakeven pen closeouts are in the range of $260-$270/cwt. Feedlots are anxious to reload and larger groups of quality packages are limited at this time of year.
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