Compared to last week, western Canadian yearling markets traded steady to $4 lower. The yearling quality continues to fade as thicker flesh levels are starting to appear. Steer calves were […] Read more
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Tag Archives markets
Klassen: Steam evaporates off yearling market
August 2024 feeder futures at a premium
U.S. grains: Corn falls, soy eases as focus moves to U.S. harvest
Chicago wheat closes higher
New York | Reuters — Chicago corn and soybean futures fell on Monday on an acceleration in the pace of the harvest in the U.S. Midwest, reversing overnight gains triggered […] Read more
U.S. grains: Soy, corn futures fall as harvest accelerates
CBOT December wheat turns lower
New York | Reuters — Chicago soybean and corn futures fell on Friday due to profit-taking after the previous day’s rally and forecasts of favourable harvest weather this weekend. Wheat […] Read more
Feed weekly outlook: Lack of overseas demand brings down prices
'It feels like for now, we've kind of bottomed out'
MarketsFarm — As the grain harvest wraps up in Western Canada, feed grain prices continued to move downward. However, harvest pressure was not the only reason for their declines. Evan […] Read more
U.S. grains: Chicago wheat rises on Black Sea tensions
Corn at one-month high; soybeans also up
Reuters — Chicago wheat futures rallied on Thursday, boosted more than three per cent on reports of new tensions in the Black Sea region. Corn futures hit a one-month peak, […] Read more
ICE weekly outlook: Canola looking for a spark
Recent declines in crude oil, diesel seen as bearish
MarketsFarm — The ICE Futures canola market hit its lowest levels in three months on the last trading day of September but has since uncovered some support in the first […] Read more
CBOT weekly outlook: Harvest pressure weighing on prices
'No heavy concerns about supply in general'
MarketsFarm — As harvests of soybeans, corn and spring wheat advanced in the United States, trader John Weyer of Walsh Commercial Hedging Services said the pressure on those commodities was […] Read more
U.S. grains: Chicago soybeans firm, risk aversion caps gains
Corn and wheat drop, export data eyed
Reuters — Chicago soybean futures edged up on Wednesday, as a declining U.S. dollar lifted the oilseeds at one point nearly one per cent before risk aversion pushed prices back […] Read more
U.S. grains: Chicago soybeans drop in choppy trade
Wheat futures lifted by surprise purchase from China
Reuters — Chicago soybean futures fell on Tuesday, at one point nearing their lowest levels since December of 2021, under pressure from a stronger dollar, improving signs for the U.S. […] Read more
Ontario corn yields increased; U.S. yields lowered
Weaker Canadian dollar, stronger biofuel prices supportive for Ontario corn and soybean markets
Statistics Canada released its second model-based yield and production estimates Sept. 14. Its model evaluated conditions as of Aug. 31 using satellite technology and agroclimatic data. Soybean yields were unchanged […] Read more
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