Commodity News Service Canada — Spring wheat cash bids across Western Canada ended slightly lower for the week ended July 18, tracking choppy action in the U.S. futures. Depending on the […] Read more
Markets/Business
Prairie wheat bids tick lower in choppy week
CWRS basis levels across Western Canada range from C$13 to C$27 below the futures
Klassen: Feeder market remains in summer doldrums
Western Canadian feeder cattle prices were quite variable over the past week. Cattle weighing over 700 lbs. were under pressure while calves appeared to trade steady with week-ago levels. The […] Read more
U.S. livestock: Fund selloff reverses CME live cattle rally
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures turned lower on Friday, after fund liquidation and lower expected cash prices later in the day pared Thursday’s market gains, […] Read more
Bumper winter wheat harvest ill-timed for U.S. farmers
Chicago | Reuters — Record-high yields are helping U.S. farmers to harvest a bumper crop of hard red winter (HRW) wheat, the most common variety here, but prices have tumbled […] Read more
Canada’s durum market share seen dropping
CNS Canada –– Global durum values are moving lower as producers in Europe and the U.S. start selling — and leaving Canada out of the market, one analyst says. “The […] Read more
U.S. grains: Corn, soy sag on long liquidation
Chicago | Reuters — U.S. corn and soybean futures declined on Friday in a sometimes-volatile session as shifting weather forecasts for the Corn Belt prompted traders to liquidate long positions, […] Read more
U.S. livestock: CME live cattle climb as funds roll
Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures gained for a second consecutive session on Thursday, supported by technical buying and the roll by funds out of […] Read more
U.S. grains: New forecast ends rallies
Chicago | Reuters — U.S. soybean futures fell 3.8 per cent on Thursday, giving up early gains after new weather forecasts boosted expectations of a robust harvest in the U.S. […] Read more
U.S. livestock: CME live cattle rally on bargain buying
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed sharply higher on Wednesday after bargain hunting and short-covering snapped the market’s two-day losing streak, traders said. “I think […] Read more
Chicago oats rally with Prairie rains, for now
CNS Canada — Oat prices at the Chicago Board of Trade have advanced as rain soaks Canada’s crops, but one U.S. analyst doesn’t expect those gains to hold. Close to […] Read more
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