Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures rebounded on Tuesday from prior-session declines, continuing a recent climb sparked by tight cattle supplies and firm cash market prices. Recent strength in wholesale beef prices also encouraged continued buying despite a seasonal tendency for the market to decline after the Thanksgiving holiday […] Read more
Markets/Business — page 69
U.S. livestock: Cattle futures bounce on tight supplies, firm cash markets
U.S. grains: Soybeans recoup losses, but Brazil crop outlook caps gains
U.S. soybean futures rebounded on Tuesday in a short-covering and bargain-buying bounce from the prior day's losses, although gains were limited by favorable crop prospects in South America, where Brazil is due to harvest a record crop early next year.
Pulse Weekly: Prices for Kabuli chickpeas softer to sideways for balance of 2024
Prairie heatwave results in more smaller chickpeas
Prices for Kabuli chickpeas are likely to be softer to sideways heading into the new year, said Colin Young of Midwest Grain Ltd. in Moose Jaw, Sask.
Klassen: Canadian feeder market jumps on trade disruptions
For the week ending November 29, feeder cattle market reports from Manitoba had prices up $20-$40/cwt from week-ago levels. Prices in Saskatchewan and Alberta were up $10 to $20 on average. The market was hard to define this past week with a wide range prices across Western Canada for similar quality and weight cattle.
U.S. livestock: Feeder cattle drop on profit taking after 10-session rally
Chicago | Reuters – Chicago Mercantile Exchange feeder cattle futures retreated in a profit-taking setback on Monday after a ten-session rally that took prices to five-month peaks, while live cattle futures followed feeders lower. Monday’s cattle declines came after managed funds had bolstered their long holdings in both markets over recent weeks, encouraged by tight […] Read more
U.S. grains: Soy down on record Brazil crop outlook
U.S. soybean futures fell on Monday on favourable crop weather in South America, forecasts for a record-smashing Brazilian harvest and continued concerns about the incoming Trump administration's hawkish approach to trade with top soy importer China.
U.S. grains: Soybeans tick up on export demand
Corn higher on technical buying, position adjusting
Chicago Board of Trade soybean futures ended slightly higher on Friday on technical trading and a flurry of export demand, market analysts said. Investors adjusted positions after Thursday's Thanksgiving Day holiday.
U.S. livestock: Feeder cattle hit highest levels since July
Supply concerns and follow-through buying pushed Chicago Mercantile Exchange feeder cattle futures to their highest level since July on Friday after Washington said it may continue blocking imports of Mexican cattle until next year.
Prairie Wheat Weekly: Spring wheat down, durum mixed
Spring wheat prices in Western Canada were in decline while durum prices were on both sides of unchanged during the week ended Nov. 28, 2024.
Feed Grain Weekly: Corn prices drop, barley favoured
Despite United States corn futures declining as of late, barley is still the preferred feed grain at feedlots in southern Alberta, said a trader.
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