Feed grain prices on the Prairies stayed relatively steady for the week ended Sept. 25 as low cattle numbers in feedlots and light test weights for grains limit price gains.
Markets/Business — page 90
Feed Grain Weekly: Weight issues, low cattle numbers holding prices back
U.S. livestock: Cattle close mostly lower, consolidating after 2-month top
Mercantile Exchange live cattle futures ended mostly lower on Wednesday, consolidating a day after the benchmark December contract LCZ25 set a near two-month high.
U.S. grains: Wheat turns higher on Russia weather worries; soy, corn also rally
U.S. wheat futures turned higher on Wednesday as worries about crop prospects in top global exporter Russia sparked a round of short-covering, analysts said.
ICE Canada Weekly: Canola’s turnaround a ‘gift’ says broker
The turnaround in canola futures on the Intercontinental Exchange indicates canola traders are ignoring issues with China and the strike among Port of Vancouver grain workers.
AAFC ups wheat, canola carryout forecasts
Canadian wheat ending stocks for the 2024-25 marketing year are forecast to be well above earlier expectations, says Agriculture and Agri-Food Canada.
Rising CBOT soybeans facing resistance
Optimism over increased Chinese demand along with weather concerns in Brazil gave the Chicago soybean market a boost and triggered some fund short covering over the past week, but the futures will likely face stiff resistance to the upside going forward.
U.S. livestock: CME cattle end mostly higher as Wall Street climbs
Benchmark December live cattle futures LCZ24 on the Chicago Mercantile Exchange climbed to their highest in nearly two months on Tuesday, supported by technical buying and a rosy outlook for beef demand tied to strength in Wall Street equity markets, analysts said.
U.S. grains: Soybeans hit 2-month high before paring gains; corn, wheat sag
U.S. soybean and corn futures climbed to two-month highs on Tuesday, following broad gains in commodity and equity markets after China unveiled economic stimulus measures, but pared gains as forecasts called for improved crop weather in South America, analysts said.
Pulse weekly: Wide-ranging yields for Manitoba dry beans, peas
Yields for Manitoba dry beans and peas vary depending on where you are in the province, according to the Manitoba government's pulse specialist.
Exports could take a hit as Vancouver grain terminals workers strike
While producers could feel the pinch of a strike at the Port of Vancouver's grain terminals within a week, the markets won't feel much of a hit unless the strike continues for three or four weeks, analysts said.
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