Chicago | Reuters — Chicago Mercantile Exchange lean hog futures for animals set to be delivered in July and August surged to all-new contract highs on Wednesday, as investors bet […] Read more
Markets/Business
U.S. livestock: CME lean hogs surge amid summer grilling questions
ICE weekly outlook: Canola recovers, but faces resistance
CNS Canada — ICE Futures Canada canola contracts managed to post small gains over the week ended Wedensday, as the market recovered off of the contract lows hit the previous […] Read more
CBOT weekly outlook: Corn, soy at high end of trading ranges
CNS Canada — Corn and soybean futures at the Chicago Board of Trade have moved to the high-end of their trading ranges, as the U.S. Department of Agriculture left ending […] Read more
U.S. grains: Soy, wheat extend winning streak
Washington | Reuters — U.S. soybean and wheat futures rose on Wednesday, the sixth straight higher close for both commodities, as technical buying and short-covering pulled prices higher after they […] Read more
Klassen: Uncertain beef demand weighs on feeder market
The prolonged period of negative feeding margins continues to set a tone in the feeder market. Alberta packers were buying limited numbers of fed cattle this past week with dressed […] Read more
U.S. livestock: Live cattle rise as traders exit nearby positions
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed higher on Tuesday, after traders exited nearby positions to avoid taking delivery and packers seemed to be bidding more […] Read more
U.S. grains: Weather fears, short-covering lift prices
Chicago | Reuters — U.S. grain futures edged higher Tuesday on concerns that unfavourable crop weather could threaten domestic production, as markets temporarily shook off the weight of massive global […] Read more
Egypt quarantine authority to ban ergot until new laws passed
Cairo | Reuters — Egypt’s agriculture quarantine authority will continue to apply a zero ergot policy on wheat shipments until new legislation is issued, the new head of the authority […] Read more
U.S. livestock: CME live cattle end lower as funds roll long positions
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, after funds sold, or rolled, their April long positions and simultaneously bought deferred months, traders said. […] Read more
U.S. COOL rules formally off beef, pork
The U.S. Agricultural Marketing Service (AMS) has formally patched a long-sore spot in cross-border trade relations by pulling its country-of-origin labelling (COOL) regulations off beef and pork. The AMS, an […] Read more
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