Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange fell to life-of-contract lows on Friday and cattle futures also retreated, pressured by technical selling and worries that […] Read more
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Tag Archives interest rates
U.S. livestock: CME hog futures hit contract lows
Cattle futures also sag
U.S. grains: Soybeans end up in bounce from one-month low
Chicago wheat, corn futures firm
Reuters — U.S. soybean futures rose on Friday in a light technical rebound from six-week lows while corn and wheat also ticked higher on bargain-buying, but gains in all three […] Read more
U.S. grains: Soybeans fall to one-month low on export woes
CBOT corn, wheat end down
Chicago | Reuters — U.S. benchmark soybean futures fell below US$13 a bushel on Thursday for the first time in a month while corn and wheat futures held near multi-year […] Read more
ICE weekly outlook: Which way will canola go?
Basis levels have recently improved
MarketsFarm — As September winds down, ICE Futures canola is poised to either climb higher or fall back, according to analyst Errol Anderson, president of ProMarket Communications in Calgary. That […] Read more
CBOT weekly outlook: Funds getting out of soybeans
Potential for U.S. government shutdown a concern
MarketsFarm — While corn and wheat prices on the Chicago Board of Trade (CBOT) stayed fairly steady during the week ended Wednesday, soybean prices steadily declined. The November soybean contract […] Read more
Cost of borrowed money continues to rise on farms
The peak is coming, but Canadians could yet see another rate hike tomorrow
After the hustle of the 2023 harvest season settles, a lot of Ontario farmers will examine their business’s financial numbers and be surprised at the impact of rising interest rates, […] Read more
New support not indicative of debt crisis: FCC
The agriculture lender has announced new credit lines with waived fees, but maintains there is no debt crisis on the horizon
Farm Credit Canada has new support for farmers facing financial difficulties. On May 23, the lender announced it will offer unsecured credit lines up to $500,000 to agricultural producers and […] Read more
FCC offers new credit line against ‘current economic environment’
Ag lender to waive loan processing fees
Farm Credit Canada’s recent outreach to specific agrifood sectors hit by unusual environmental conditions has now extended to those hit by the broader “economic environment.” The federal ag lender on […] Read more
Feds lock in higher interest-free portion on cash advances
Budget boost in effect as of Monday
A further temporary increase to the interest-free chunk of cash advances available to Canadian farmers, as telegraphed in March’s federal budget, has now gone live. Agriculture Minister Marie-Claude Bibeau confirmed […] Read more
U.S. livestock: CME live cattle hit five-week low
Technical selling, economic worries add pressure; June hogs up
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped to their lowest level in more than five weeks on Tuesday as technical selling and concerns about the U.S. […] Read more
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