It’s that time of year when available supplies start to decline. At the same time, demand is limited. Most backgrounding operators have sufficient numbers and demand for grassers is waning. Ontario interest was noted in Manitoba and Eastern Saskatchewan, which appeared to sustain prices near last week’s levels.
Tag Archives markets — page 21

Klassen: Feeder cattle market takes defensive tone

U.S. grains: Chicago wheat hits 9-month highs on Russian crop losses
Chicago Board of Trade wheat futures rose on Monday, hitting nine-month highs on worries about crop losses in top-exporter Russia after multiple nights of frosty weather in key regions.

U.S. grains: Corn climbs as USDA projects US stocks below expectations
Chicago corn futures advanced on Friday after the U.S. Department of Agriculture (USDA) projected U.S. stockpiles of the grain below market expectations.

U.S. grains: Wheat climbs as frosts cause state of emergency in Russia
Chicago wheat futures rose on Thursday as Russia declared a state of emergency in key grain-growing regions due to frosts, while soybeans and corn fell ahead of a monthly U.S. Department of Agriculture supply-and-demand report due on Friday.

U.S. grains: CBOT grains, soybean futures end lower ahead of USDA reports
Chicago Board of Trade wheat futures fell on Wednesday despite weather risks in top exporter Russia, highlighting the size of its supply as the country continues to dominate global export markets.

CBOT Weekly: Focus on weather interrupted by USDA report
A grain rally at the Chicago Board of Trade (CBOT) during the week ended May 8 has seemed to run out of steam.

U.S. grains: Chicago grains back off highs on weather outlook, USDA data
Chicago wheat fell on Tuesday from peaks not seen since December, while corn eased from four-month highs as investors gauged the impact of harsh weather in some major production zones.

Klassen: Feeder cattle experience weather market
For the week ending May 4, Western Canadian feeder cattle prices were quite variable and the market was hard to define. Alberta and certain regions of Saskatchewan received snow, which caused the market to trade $3 to $5 lower. However, in Eastern Saskatchewan and Manitoba, feeder cattle prices were steady to $3 higher.

U.S. grains: Wheat resumes fall after rain, soy up on technical trading
Chicago Board of Trade (CBOT) benchmark wheat futures fell on Wednesday after ticking up in the early session as much-needed rainfall reaches key wheat-growing areas of the U.S. Plains and southern Russia.

U.S. grains: Soybeans slide as soyoil plummets; wheat, corn sag
U.S. soybean futures fell nearly two per cent on Tuesday as falling soyoil prices dragged down the soy complex amid weak demand, deliveries against the May futures contract and market uncertainty, traders said.