Chicago | Reuters — Beef prices will keep trending lower, analysts said after the government’s semi-annual cattle inventory report on Friday showed the U.S. cattle herd as of Jan. 1 […] Read more
Markets/Business
U.S. cattle herd growth to five-year high spells cheaper beef ahead
Russia now expected to leave grain tax scheme intact
Moscow | Reuters — Russia, one of the world’s largest wheat exporters, is not expected to change its current regime of taxes on grain exports, sources said on Friday, following […] Read more
Online cattle auction aims to shake up U.S. market
San Diego | Reuters — A proposal for an online auction that could shake up the U.S. pricing model for cattle is set to make its public debut on Friday […] Read more
U.S. livestock: Cash price caution weighs on CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures sagged on Thursday on profit-taking and uncertainty over the price of cash cattle on Friday, traders said. February live cattle […] Read more
Baltic Dry Index trolls new depths, again
CNS Canada — The ocean floor remains one of the few unexplored mysteries of the world — but commodity shippers are now exploring how much lower the floor can go […] Read more
U.S. grains: Soybeans fall amid global export setbacks
Chicago | Reuters — U.S. soybean futures tumbled on Thursday, with the most-active March contract down 1.6 per cent, the largest drop for soybeans in more than a month, after […] Read more
U.S. livestock: Cash price optimism lifts CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Wednesday, driven by short-covering and expectations that some processors by Friday might pay the same or more […] Read more
Lower loonie helps farmers, but only so much
CNS Canada — The slumping price of oil continues to weigh on the Canadian dollar, while at the same time providing a boost to Canadian grain prices. Out-of-country buyers tend […] Read more
CBOT weekly outlook: Corn stays within range
CNS Canada –– Chicago Board of Trade corn futures stayed mostly range-bound for the week ended Wednesday; the corn market ebbed and flowed with crude oil and ideas of demand. […] Read more
U.S. grains: Wheat snaps rally, soy firm, corn flat
Chicago | Reuters –– U.S. wheat futures fell on Wednesday on fund-driven technical selling and a proposal by Russia’s farm ministry to cut a wheat export tax, which tempered speculation […] Read more
Cyber-Savvy Farmer
