Western Canadian feeder cattle markets were trading $5-$10 below values seven days earlier. Sharper declines were noted on heavier replacements over 800 lbs., which at times sold for $15 below […] Read more
Markets/Business
Klassen: Buyers risk-averse on feeder cattle
U.S. livestock: CME live cattle move higher with beef prices
Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts settled higher on Monday, buoyed by the morning’s wholesale beef price turnaround, traders said. Buy stops and fund buying contributed […] Read more
Prairie spring wheat bids rise with U.S. futures
CNS Canada — Cash spring wheat bids across Western Canada moved higher during the week ended Friday, as U.S. futures moved up and basis levels held reasonably steady. Average Canada […] Read more
Prairie farmers seek answers to the $6.5 billion question
CNS Canada –– The Canadian Wheat Board single desk has now been gone for 3 1/2 years, but there are still some in the Prairie farming community who would like […] Read more
U.S. grains: Strong exports support corn, soybeans
Chicago | Reuters — U.S. soybean futures rose to their highest in nearly three weeks on Monday, supported by technical buying and signs of stronger-than-expected export demand, traders said. Overseas […] Read more
U.S. livestock: CME live cattle close mostly weak before USDA report
Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts settled lower on Friday, after investors tweaked positions ahead of the afternoon’s U.S. Department of Agriculture’s monthly Cattle on […] Read more
Cargill to supply Alberta carcass data to BIXS
One of Canada’s biggest beef packers is set to supply the specs on beef carcasses processed at its Alberta plant to the Canadian Cattlemen’s Association’s (CCA) BIXS information-sharing system. Cargill […] Read more
U.S. grains: Prices steady on short-covering, gain for week
Chicago | Reuters –– U.S. grain and soybeans were roughly flat on Friday, stabilizing amid a lack of fresh fundamental news following steep gains earlier this week tied mostly to […] Read more
Cattle placed in U.S. feedlots in January dip from last year
Chicago | Reuters — The number of cattle moved into U.S. feedlots in January slipped one per cent from last year, according to a government report on Friday, nearly matching […] Read more
Smaller vessels bump up ocean freight index
Reuters — The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, marginally rose on Friday on improved rates for smaller vessels. The overall Baltic […] Read more
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