U.S. corn futures dropped on Tuesday on forecasts for good spring planting weather, easing concerns about a lower-than-expected acreage outlook from the U.S. Department of Agriculture (USDA) last week.
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U.S. grains: Corn down as Midwest outlook seen boosting spring planting
Klassen: Feeder market resumes the climb
For the week ending March 30, Western Canadian feeder cattle markets traded $4 to $6 higher on average. Fleshier backgrounded yearlings were relatively unchanged. Buyers were fairly cautious on backgrounded heifers with some packages actually softer than seven days earlier. Larger strings of quality genetic, low flesh steers were up $6 to as much as $10 in some cases. Weaned, premium, calves were up a solid $5 to $6 on average.
U.S. grains: Corn sinks on big supplies; wheat down on good winter crop outlook
U.S. grain futures fell on Monday as pressure from ample supplies partly unraveled steep gains late last week following a U.S. Department of Agriculture report that projected lower-than-expected U.S. corn plantings.
U.S. grains: Corn rallies most since July on lower US plantings outlook
Chicago Board of Trade corn futures posted their biggest one-day rally since July after the U.S. Department of Agriculture on Thursday reported grain stocks and intended plantings below trade estimates.
CBOT Weekly: Markets react to USDA reports
Projected corn acres at the lower end of trade expectations was the most notable news after the United States Department of Agriculture (USDA) released its Prospective Plantings and Quarterly Stocks reports on March 28.
U.S. grains: Corn and soy fall on positioning ahead of USDA reports
Chicago Board of Trade (CBOT) corn and soybean futures ticked down on Wednesday as traders adjusted positions ahead of U.S. Department of Agriculture (USDA) quarterly grain stocks and prospective plantings reports due on Thursday.
U.S. grains: Wheat, corn, soybeans ease ahead of USDA reports
Chicago Board of Trade (CBOT) wheat futures fell on Tuesday in technical trading, as large Russian supplies, a strong dollar and fading Chinese demand also weighed on the market, analysts said.
Klassen: Feeder market rally stalls
Compared to last week, Western Canadian feeder cattle prices were quoted $3-$4/cwt on either side of unchanged.
U.S. grains: Wheat rises on Black Sea tensions, but off three-week peak
Chicago Board of Trade (CBOT) wheat futures settled up on Monday, but fell short of the three-week high that prices hit early in session.
U.S. grains: Soybeans slide on profit taking; wheat climbs
Chicago Board of Trade soybean futures fell more than one per cent on Friday to below $12 a bushel on profit taking a day after the benchmark contract neared a two-month high as farmer soy sales and the dollar's surge added to bearish sentiment, analysts said.
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