Average western Canadian feeder cattle prices were $3-$5 above week-ago levels, with top-quality larger groups trading as much as $8-$10 higher. While current pen closeouts remain underwater, the deferred positions […] Read more
Markets/Business
Klassen: Improving margins support feeder market
U.S. livestock: Cash price outlook extends CME live cattle losses
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped for a second straight session on Tuesday, pressured by follow-through selling and potentially softer cash prices later this week, […] Read more
U.S. grains: Wheat climbs on short-covering, wet weather
Reuters — Chicago wheat rose on Tuesday, lifted by short-covering and concerns about unfavourable rains for maturing U.S. crops. Corn ended mixed and soybeans finished a volatile session lower, with […] Read more
U.S. livestock: Cattle limit down after bearish USDA surprise
Chicago | Reuters — U.S. live cattle and feeder cattle futures tumbled by their respective daily price limits on Monday, declining two per cent or more in a selloff triggered […] Read more
U.S. grains: Soy, wheat fall on broad commodity weakness
Chicago | Reuters — U.S. soybean futures fell on Monday on profit-taking as commodities fell broadly and soymeal backed down from contract highs, analysts said. Wheat also declined but corn […] Read more
April U.S. cattle placed in feedlots at three-year high
Chicago | Reuters –– The number of cattle placed into U.S. feedlots in April jumped seven per cent from a year earlier, according to a government report on Friday, far […] Read more
U.S. grains: Rallying greenback sparks broad-based selloff
Chicago | Reuters — U.S. grain and soybean futures dropped to their lowest levels in about a week on Thursday as gains in the dollar prompted investors to take profits […] Read more
U.S. livestock: Hogs fall on technical selloff
Chicago | Reuters –– U.S. lean hog futures fell sharply on Wednesday, led by declines in the front-month June contract on technical and fund selling that was linked to an […] Read more
ICE weekly outlook: Canola in need of outside catalyst
CNS Canada — Canola contracts on the ICE Futures Canada platform held within a rather narrow range during the week ended Wednesday, but moved higher overall. However, further gains will […] Read more
CBOT weekly outlook: Turbulence expected for soybeans
CNS Canada –– Chicago Board of Trade soybeans are expected to face volatility in the week ahead, but also have upside potential, while corn should extend its rally, one U.S. […] Read more
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