Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained moderately on Monday, following an up-and-down session that was ultimately supported by last week’s cash price strength, traders said. […] Read more
Markets/Business
U.S. livestock: CME live cattle end higher after rocky session
Iran banning all state wheat imports
Dubai | Reuters –– Iran banned state imports of wheat for a year starting on March 20, Tasnim news agency reported on Monday, ordering officials to stop registering new purchase […] Read more
U.S. grains: Wheat sags on ample global supplies
Chicago | Reuters –– U.S. wheat futures closed lower on Monday amid plentiful global inventories and poor export demand for U.S. supplies, traders said. Corn and soybeans also fell as […] Read more
Egypt to launch ag commodities bourse by year-end
Cairo | Reuters –– Egypt plans to launch an agricultural-focused commodities trading exchange, the first of its kind in the Middle East, by the end of 2016, Supplies Minister Khaled […] Read more
Firm loonie cuts into Prairie spring wheat bids
CNS Canada — Cash spring wheat bids across Western Canada moved lower during the week ended Friday, as continued strength in the Canadian dollar more than countered any support from […] Read more
U.S. livestock: CME live cattle sag, but off lows
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures lost ground on Friday, pressured by sell stops and fund liquidation before giving way to cash price optimism that lifted […] Read more
U.S. grains: Soybeans, corn close strong on bargain buying
Chicago | Reuters — U.S. soybean futures ended strong on Friday, rallying on month-end buying a day after cancellations of U.S. soybean sales to China sent the market to a […] Read more
U.S. cattle herd growth to five-year high spells cheaper beef ahead
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
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