Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday settled in bearish territory for a third consecutive session, hit by more fund liquidation after contracts drifted below […] Read more
Markets/Business
U.S. livestock: Fund selloff extends CME live cattle losses
CME to close New York trading floor in computers’ victory
Chicago | Reuters — CME Group will shut its New York trading floor at year’s end as computerized trading claims another victim from the world’s old-school financial system. Options pits, […] Read more
CBOT weekly outlook: Soy, corn may be nearing highs
CNS Canada — Soybean and corn futures at the Chicago Board of Trade moved higher during the week ended Wednesday, with soybeans leading to the upside on the back of […] Read more
ICE weekly outlook: Canola wary of soybean rally
CNS Canada — ICE Futures Canada canola contracts moved lower overall during the week ended Wednesday, as the bearish influence of the rising Canadian dollar countered any spillover support from […] Read more
U.S. grains: Corn jumps three per cent, most in seven months
Chicago | Reuters –– Front-month U.S. corn futures rose three per cent on Wednesday, their biggest single-day advance since September, on short-covering and concerns about planting prospects in the Midwest, […] Read more
Post-CWB review flags grain trade ‘inefficiency’
WITHDRAWN, April 15, 2016: A historian’s review of the Prairie grain trade, commissioned by supporters of the former single marketing desk for wheat and barley, suggests history is repeating itself […] Read more
U.S. livestock: Technical selling sends CME live cattle lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures extended Monday’s losses into Tuesday on more profit-taking and technical selling, traders said. April live cattle ended 0.55 cent/lb. lower […] Read more
U.S. grains: Soybeans set eight-month highs in comeback rally
Chicago | Reuters — U.S. grain futures jumped on short-covering and technical buying on Tuesday, with soybeans closing at eight-month highs after a see-saw session. Heavy buying by commodity investors […] Read more
Klassen: Feeder cattle markets remain sluggish
Compared to last week, Canadian feeder cattle prices were steady to $5 lower across the Prairies while lighter-weight categories suffered a week-over-week decline of $4 to $6. Feedlots were a […] Read more
U.S. livestock: Profit-taking halts CME live cattle rally
Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts settled lower on Monday after profit-taking ended futures’ three-day win streak, traders said. Fund selling surfaced after June and August […] Read more
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