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NOW AVAILABLE! | CHECK OUT THE 2024 CORN GUIDE!

Markets/Business — page 62

‘With the grain and flour not moving fast, it’s bringing the price down.’ Photo: Singh_Lens/iStock/Getty Images
Markets, News

Prairie Wheat Weekly: Prices mostly lower

Sharp declines in U.S. wheat complex

By Glen Hallick - MarketsFarm December 20, 2024
Western Canadian cash prices for spring wheat stepped back during the week ended Dec. 19, while those for amber durum were mixed.

(Medioimages/Photodisc/Getty Images)
Markets

U.S. grains: Soybeans extend gains in technical rebound, wheat hits new lows

By Heather Schlitz, Reuters December 20, 2024
Chicago soybean futures rose on Friday, driven by short-covering ahead of the weekend and technical buying, after forecasts for a bumper South American crop sent soy futures plunging to a four-year low a day earlier.

Photo: iStock
Markets

Prairie Wheat Yearly: Declines in cash prices from modest to substantial

Sharp losses in U.S. wheat complex

By Glen Hallick - MarketsFarm December 20, 2024
While Western Canadian cash prices for spring wheat stepped back modestly during 2024, those for amber durum were down hard.

Pods on a cacao (cocoa) tree. Photo: iStock/Getty Images Plus
Markets

Why have cocoa futures hit record highs this year?

By Reuters December 20, 2024
Futures markets have seen a record-breaking run in cocoa prices in 2024, a surge exacerbated by the hedge funds that provide much of their liquidity heading for the exit.

File photo of soybeans being loaded for transport in Argentina. (Wirestock/iStock/Getty Images)
Markets

China’s state importer books US soy purchases as tariff threat looms

By Karl Plume, Reuters December 20, 2024
China's Sinograin has bought nearly 500,000 metric tons of U.S. soybeans this week for shipment in March and April, paying more for U.S. supplies for state reserves rather than buying cheaper Brazilian beans, two U.S. traders familiar with the deals said.


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets

U.S. grains: Soybeans rebound after sinking to a new four-year low

By Heather Schlitz, Reuters December 19, 2024
Chicago soybean futures rebounded on technical buying on Thursday after plunging to a four-year low, while wheat fell to lifetime lows as a strong dollar added to concerns about competition from other exporting zones, traders said.

Photo: File
Markets

U.S. livestock: Cattle futures tick down on weak equity markets

By Heather Schlitz, Reuters December 19, 2024
Chicago Mercantile Exchange (CME) live and feeder cattle contracts slid on Thursday as weakness in equities, a strong dollar and technical trading pressured futures, analysts said.

Photo: iStock/Getty Images
Crops, Markets, News

AAFC adjusts monthly estimates, cites caution for canola exports

Impact of China's anti-dumping investigation unknown at this time

By Glen Hallick - MarketsFarm December 19, 2024
Agriculture and Agri-Food Canada adjusted its latest supply and demand estimates issued on Dec. 19. This followed the updated Statistics Canada figures from two weeks ago.


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Feed Grains Weekly: Trump looms over Prairie feed market

Weaker Canadian dollar less of an influence

By Glen Hallick - MarketsFarm December 19, 2024
Currently, United States President-elect Donald Trump is more of an influence on Western Canadian feed grain prices than a weaker Canadian dollar said Brandon Motz of CorNine Commodities in Lacombe, Alta.

Photo: jjmiller11/iStock/Getty Images Plus
Markets

U.S. livestock: Cattle futures tip down on profit-taking

By Heather Schlitz, Reuters December 18, 2024
Chicago Mercantile Exchange (CME) cattle contracts slid on Wednesday as profit-taking, a stronger dollar and a selloff across agricultural commodities weighed on futures, analysts said.

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