Chicago | Reuters –– U.S. soybean futures rose 1.3 per cent on Thursday as the U.S. Agriculture Department’s report of stronger-than-expected exports spurred a round of short-covering, traders said. Corn […] Read more
Markets/Business
U.S. grains: Exports spark gains in soybeans
Crude’s slide hampers demand for Canadian biofuel
CNS Canada — The trickle-down effect of slumping crude oil prices is being felt in the Canadian biofuel market and softening demand for corn and soybeans. Traditionally, ethanol is cheaper […] Read more
U.S. livestock: CME live cattle gain, but off session highs
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed higher on Wednesday, helped by their discounts to preliminary prices for market-ready, or cash, cattle, traders said. But they […] Read more
CBOT weekly outlook: Corn, soybeans stuck in trading range
CNS Canada — Corn and soybeans at the Chicago Board of Trade are stuck in a rut, according to one U.S. analyst, as fresh data revealed high supplies of both […] Read more
ICE weekly outlook: Canola testing longtime support
CNS Canada — ICE Futures Canada canola contracts moved lower during the week ended Wednesday, breaking below nearby chart support in the process. The March contract fell below the $460 […] Read more
CME to reduce livestock futures, options trading hours
Chicago | Reuters — CME Group, the world’s largest futures market operator, plans to shorten trading hours for its livestock futures and options contracts effective Feb. 29, the exchange said […] Read more
U.S. grains: Wheat rises on bargain buying
Chicago | Reuters — Chicago Board of Trade wheat futures firmed Wednesday, edging higher on a round of bargain buying and short-covering a day after prices hit their lowest in […] Read more
Klassen: Feedlots risk-averse on feeder cattle purchases
Western Canadian feeder cattle markets experienced a softer tone over the past week. Alberta prices were generally steady to $4 lower while in the eastern Prairies, markets were $4 to […] Read more
U.S. livestock: CME live cattle ease ahead of cash prices
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower on Tuesday after traders sold the February contract and bought deferred months while awaiting cash prices later this […] Read more
USDA sees corn, wheat supplies rising as exports wane
Washington | Reuters — U.S. corn and wheat ending stocks will be higher than previously expected at the end of the marketing year due to a drop in already weak […] Read more
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