Western Canadian feeder cattle prices were trading $5-$10 below week-ago levels on average last week. Fully weaned vaccinated calves were trading down $5-$8 while semi-weaned bawlers were down a solid […] Read more
Markets/Business
Klassen: Lower fed cattle market pressures feeders
U.S. livestock: Fund buying boosts CME live cattle limit-up
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures settled up by their three-cent-per-pound daily price limit on Tuesday, driven by short-covering and fund buying, traders said. February and […] Read more
U.S. grains: Prices rise on short-covering, slow loadings in Brazil
Chicago | Reuters –– U.S. soybean futures climbed to a 1-1/2-week high on Tuesday while wheat and corn each gained about one per cent, boosted by investor short-covering and a […] Read more
Prairie wheat bids drift down with U.S. futures
CNS Canada — Cash spring wheat bids across Western Canada edged lower in most locations during the week ended Friday, as losses in the U.S. futures weighed on values. However, […] Read more
Egypt rejects Canadian wheat shipment over ergot
Abu Dhabi | Reuters –– Egypt’s agricultural quarantine authority has rejected a shipment of Canadian wheat, saying it contained traces of the fungus ergot, a trade source said and official […] Read more
Ex-Iraq grain board chief to be investigated in graft case
CORRECTED, Feb. 20, 2016 — Baghdad | Reuters — Iraq’s acting trade minister has referred former grain board chief Saad al-Hamdani and 16 unnamed individuals for investigation over suspected transportation […] Read more
U.S. livestock: CME live cattle fade before holiday
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures fell modestly on Friday, following this week’s cheaper cash prices and the potential for further declines next week, traders said. […] Read more
U.S. livestock: CME live cattle tumble with cash prices
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures fell hard on Thursday, led by more disappointing prices for market-ready, or cash, cattle, traders said. February live cattle closed […] Read more
U.S. wheat futures could be scraping bottom
CNS Canada — A general downtrend in U.S. wheat futures remains in place, with all three markets hitting fresh contract lows over the past week. However, there may not be […] Read more
Buyers eating up Lethbridge feed barley
CNS Canada –– Lethbridge feed barley prices have strengthened on bargain buying, according to one market watcher, while demand for feed wheat is steady at best. Lethbridge barley prices have […] Read more
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