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
Markets/Business
U.S. livestock: CME live cattle fade before holiday
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
U.S. grains: Exports spark gains in soybeans
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
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