The “one-week wonder” from seven to 10 days ago appears to have evaporated; a softer sentiment blanketed Western Canada this week, with feeder markets dropping $4 to $6 on average. […] Read more
Markets/Business
Klassen: Feeder cattle trade lower
Prairie spring wheat bids rise as loonie falls
CNS Canada — Cash spring wheat bids across Western Canada moved higher during the week ended Thursday, as weakness in the Canadian dollar helped prop up prices. Depending on the […] Read more
U.S. livestock: Hog futures jump on fund buying, USDA report
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Monday, driven by short-covering and fund buying after contracts broke through technical resistance levels, traders said. They […] Read more
U.S. hog herd ekes out new high as PED impact ebbs
Reuters — The U.S. hog herd in the December-February quarter modestly grew from a year earlier to a record high for that quarter, according to Friday’s U.S. Department of Agriculture […] Read more
China, Canada in talks as tougher canola standard nears
Winnipeg | Reuters –– Canada and China are in talks about Beijing’s plans to toughen its standard on Canadian canola imports, an industry official said on Monday, just days before […] Read more
U.S. grains: Wheat jumps as Plains dryness sparks short-covering
Chicago | Reuters — U.S. wheat futures jumped nearly two per cent on Monday on technical buying and short-covering amid concerns about adverse weather in parts of the winter wheat […] Read more
U.S. livestock: CME live cattle snap five-day losing streak
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday settled higher for the first time in six sessions, helped by short-covering before the Easter holiday weekend, traders […] Read more
U.S. grains: Soybeans jump on soymeal exports
Chicago | Reuters –– U.S. soybeans were higher on Thursday, reversing from earlier losses as soymeal rallied on U.S. Department of Agriculture data showing the largest weekly soymeal sales in […] Read more
Feed barley due for spring rally
CNS Canada –– Feed barley in Western Canada usually sees a spring rally at this time of year, although the uptrend this year will be limited by large supplies still […] Read more
U.S. livestock: Lower cash price outlook sends CME live cattle lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle losses lingered into a fifth straight session on Wednesday, led by chart-related selling and anticipation of weaker cash prices by Friday, […] Read more
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