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
Tag Archives interest rates
U.S. livestock: CME live cattle hit five-week low
Technical selling, economic worries add pressure; June hogs up
Buy or rent? Land rent-to-price ratio can help farmers decide
FCC sees current ratios on farmland as (roughly) stable
Higher interest rates don’t seem to be affecting the ratio between land values and land rental costs — at least, not yet. Farm Credit Canada’s latest analysis of farmland rental […] Read more
U.S. grains: Chicago soy closes lower
Brazil production, Fed in focus for soy; wheat, corn still capped by Black Sea deal extension
Reuters — Chicago soy futures reversed gains to close lower on Tuesday, pushed down by rising estimates of Brazilian production, while corn and wheat dipped as markets kept a cautious […] Read more
U.S. grains: Wheat, corn rally from multi-month lows
Ukraine corridor talks eyed
Chicago | Reuters — U.S. wheat and corn futures rose on Tuesday, rebounding from multi-month lows set last week, as Wall Street equity markets turned higher and signs of fresh […] Read more
Farmland values exceed expectations
Ontario leads the country with 19.4 per cent increase
Average farmland prices were up 12.8 per cent in Canada in 2022, the largest increase seen since 2014 when the increase was 14.3 per cent. The increase follows gains of […] Read more
Prairie cash wheat: U.S. futures drag down wheat bids
Potential for more interest rate hikes remains
MarketsFarm — Hawkish comments from the chair of the U.S. Federal Reserve and the possible renewal of the Black Sea Grain Initiative brought down wheat futures on the Chicago Board […] Read more
Opinion: Are interest rates the right tool to fight inflation?
The Bank of Canada’s ‘resolute’ fight against inflation could threaten its credibility
The Bank of Canada “resolutely” declared it will fight inflation by raising interest rates. To demonstrate its unwavering commitment to reach its two per cent inflation target, the eighth consecutive […] Read more
U.S. grains: Wheat nears one-month low on Black Sea competition
Chicago soybeans, corn also lower
Chicago | Reuters — U.S. wheat futures fell to their lowest in nearly a month on Wednesday as an Egyptian purchase tender highlighted export competition from the Black Sea region, […] Read more
CBOT weekly outlook: Wide array of factors affecting grain prices
Corn, soy see speculative profit-taking
MarketsFarm — Recent rains in parts of South America, as well as a correction in the markets, have paused rallies in corn and soybeans on the Chicago Board of Trade […] Read more
Farm revenues should rise in 2023, but so will costs
Annual FCC Economic Outlook focuses on predicted global economic slowdown
Food price inflation and labour market volatility remain the post-pandemic factors to watch, Farm Credit Canada finance specialists said during the agency’s annual economic outlook Jan. 24. Although challenges like […] Read more