Chicago | Reuters — Chicago Mercantile Exchange hog futures fell for the fifth day in a row on Thursday, with the front-month contract hitting its lowest since March 2 on […] Read more
Tag Archives margins
U.S. livestock: CME hogs hit lowest in more than six months
Cash market bearish on cattle futures
Some U.S. ethanol producers cut production to sell natural gas for profit
New York | Reuters — Sky-high U.S. natural gas prices have prompted some Midwestern ethanol producers to reduce processing in the last week, hoping instead to sell off some of […] Read more
ICE weekly outlook: How long can canola remain well supported?
MarketsFarm — Despite recent declines in canola prices, the Canadian oilseed remains very well supported, according to Errol Anderson of Market Place Communications in Calgary. The question he posed, though, […] Read more
U.S. grains: Corn tops US$5 for first time since 2014
'Water deficit' in Argentina draws interest
Chicago | Reuters — U.S. soybean and corn futures climbed to fresh 6-1/2 year highs on Wednesday, as worries about dry weather hurting Argentine crops attracted speculative buyers, analysts said. […] Read more
Klassen: Feeder cattle market searching for direction
Feedlots expecting barley prices to drop
Western Canadian feeder cattle prices continue to trade in a sideways pattern. Compared to last week, prices were quoted $2-$3 on either side of unchanged. Most auction barns were on […] Read more
Klassen: Feeder cattle market experiences mixed tone
Compared to last week, western Canadian feeder cattle sold $2 higher to as much as $4 lower. Larger groups of uniform cattle once again carried a premium but the bulk […] Read more
Klassen: Feeder cattle market grinds lower
Compared to last week, western Canadian feeder cattle prices were steady to $4 lower on average. Small packages were available and buyers were picking away with subdued interest. There were […] Read more
U.S. livestock: Cattle limit up on beef demand, strong packer margins
Cash hog prices up, pork cutout down
Chicago | Reuters — U.S. live cattle futures settled up their expanded daily limit on Tuesday as traders continued to react to soaring profit margins for beef packers that should […] Read more
As meat demand rises, processors raise pay for farmers, workers
Chicago | Reuters –– North American meat processors said on Monday they would pay extra money to farmers and slaughterhouse workers as the companies scramble to meet surging demand from […] Read more
U.S. biofuel group says ethanol industry sharply cutting production
Reuters — Many U.S. ethanol plants have slashed production over the past week or idled entirely as the coronavirus outbreak cut into fuel consumption and cratered margins to refine the […] Read more