cash market Archives | Page 2 of 2

Klassen: Cash feeder market shrugs off lower futures

By Jerry Klassen April 29, 2019

This past week, Alberta packers were buying fed cattle in the range of $270-$274 on a dressed basis, up $2-$4 from seven days earlier. Strength in the fed cattle market spilt over into the feeder complex as feeding margins moved into positive territory for the first time this year. Compared to last week, western Canadian […] Read more

CME October 2018 live cattle, with 200-day moving average in purple. (Barchart.com)

Livestock, Markets

U.S. livestock: Live cattle mixed on profit-taking

By Michael Hirtzer September 17, 2018

Chicago | Reuters — U.S. live cattle futures settled narrowly mixed on Monday, with some contracts easing slightly after prices surged to six-month highs following strong sales in cash markets late on Friday, traders said. Front-month October live cattle jumped to a peak of 113.975 cents/lb., highest since March 14, before settling at 113.425 cents, […] Read more

Crops, Markets

U.S. grains: Wheat, corn weaken after strong start

By Mark Weinraub October 25, 2017

Chicago | Reuters — Chicago Board of Trade wheat futures eased on Wednesday on a round of profit taking after prices firmed to 2-1/2 week highs during the session. “The wheat market has had trouble with the 50-day moving average since the middle of September, and today was no different,” Charlie Sernatinger, global head of […] Read more

(Gloria Solano-Aguilar photo courtesy ARS/USDA)

Livestock, Markets

Hog profits disappear as U.S. futures crash

By Phil Franz-Warkentin September 14, 2016

CNS Canada — A sharp drop in the U.S. hog futures over the past week is cutting into the profitability of the Canadian sector as well, with a turn higher unlikely in the near term. U.S. lean hog futures set new contract lows over the past week, as large North American supplies and expectations for […] Read more

Crops, Markets

U.S. farmers unlikely to book sales off the combine this fall

By Mark Weinraub September 9, 2015

Chicago | Reuters –– Cash market sales of corn and soybeans will probably be slow around the U.S. this fall as weakness in the futures market and crumbling basis levels have left prices well below growers’ targets and threatened profitability. But the downturn has not killed farmers’ hopes for a fall rally, even with expectations […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)

Crops, Markets

Wheat basis muddied in Western Canada

By Phil Franz-Warkentin January 30, 2015

CNS Canada — The difference between futures markets and cash markets for any exchange-traded commodities can usually be brought into focus by the basis — that is, except in Prairie wheat, where that focus has now gone fuzzy. Typically, a wide or narrow basis provides some indication of how representative the futures market is of […] Read more

Tag Archives cash market — page 2

Klassen: Cash feeder market shrugs off lower futures

U.S. livestock: Live cattle mixed on profit-taking

U.S. grains: Wheat, corn weaken after strong start

Hog profits disappear as U.S. futures crash

U.S. farmers unlikely to book sales off the combine this fall

Wheat basis muddied in Western Canada

Cyber-Savvy Farmer