For the week ending August 31, Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. Finishing feedlots are exuding a cautious sentiment. While order buyers had a full deck, there were upside limits. Pen-sized strings of quality yearlings traded at a premium to average values. Alberta packers were buying fed cattle […] Read more
Markets/Business — page 98
Klassen: Feeder cattle market stabilizes
U.S. grains: Wheat rises on European supply issues, corn and soy on greater demand
Chicago wheat rose on Friday, and registered its biggest weekly gain in more than three months on concerns over lower production in Europe.
U.S. livestock: Live hog prices tick up, seasonal dip less sharp than expected
Chicago Mercantile Exchange (CME) lean hog prices ended up slightly on Friday as analysts said a seasonal drop in pork prices toward the end of summer looked less drastic than expected.
Prairie Wheat Weekly: Reds are up, while amber is mixed
Cash wheat prices for Canada Prairie Red Spring Wheat and Canadian Western Red Spring Wheat were higher for the week ended Aug. 29, while those for Canadian Western Amber Durum were mixed.
U.S. grains: Soybeans, corn rebound on renewed US export demand
Chicago soybean and corn futures rose on Thursday on short-covering and an uptick in export demand, though expectations for strong U.S. crop production limited gains, traders said.
U.S. livestock: Live cattle futures fall on weaker boxed beef prices
Chicago Mercantile Exchange (CME) live and feeder cattle futures fell on Thursday on a decline in boxed beef prices, which have slumped leading up to the U.S. Labor Day holiday, analysts said.
Pressure on farm income could push input prices down says FCC economist
Next year's farm input market will depend on the level of pressure on farm income, but early signs suggest input prices could come down according to recent analysis from Farm Credit Canada.
Feed Grains Weekly: Rail disruptions push up Alberta prices
Feed prices in Alberta climbed 20 cents per bushel the week ended Aug. 29, likely according to last week's rail disruption, according to Susanne Leclerc of Market Master Ltd. in Edmonton.
Canola crush up in July, soybeans down
Statistics Canada released its crush report on Aug. 29, showing an increase in the amount of canola that was processed last month compared to the previous July. As for soybeans, its crush was significantly lower.
U.S. livestock: Live cattle futures fall on consumer demand questions
Chicago Mercantile Exchange (CME) live cattle futures fell on Wednesday as boxed beef cutout values turned lower ahead of the U.S. Labor Day holiday on September 2, when many Americans light up their grills, traders said.
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