CME June 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)

U.S. livestock: CME cattle futures rise as grains fall

Hogs ease ahead of USDA data

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange rose on Tuesday with the benchmark June contract hitting a four-week top, led by a surge in feeder cattle futures and optimism about consumer demand for beef, traders said. CME June live cattle settled up 1.7 cents at 138.475 cents/lb. while May feeder […] Read more



(RGtimeline/iStock/Getty Images)

Feed weekly outlook: Sector bracing for logistics challenge

A CP lockout could put feeders weeks behind in supplies

MarketsFarm — Feed grain buyers in Alberta’s feedlot alley are well covered with contracted supplies, but the logistics of getting that grain where it needs to be are facing some uncertainty with looming labour action at Canadian Pacific Railway. Buyers in feedlot alley are about 80 per cent covered right now, said Jim Beusekom of […] Read more

CBOT May 2022 wheat (candlesticks) with MGEX May 2022 wheat (orange O/H/L/C) and K.C. May 2022 wheat (black line). (Barchart)

U.S. grains: Chicago wheat limit up to 14-year peak

Soyoil sets record on Russia-Ukraine crisis

Chicago | Reuters — Chicago Board of Trade wheat futures soared by the daily limit to their highest level in almost 14 years on Tuesday as traders feared prolonged disruptions to global supplies following Russia’s invasion of fellow grain exporter Ukraine. Soyoil futures set an all-time high on worries over vegetable oil exports from the […] Read more