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U.S. grains: Soy, corn futures under pressure as jobs data lifts US dollar

Chicago | Reuters – Chicago Board of Trade soybean futures fell about one per cent on Friday and corn also declined as the dollar .DXY soared after a much stronger-than-expected monthly U.S. jobs report reduced expectations of near-term Federal Reserve interest rate cuts. “When that jobs report came out, the U.S. dollar shot up, and that seemed […] Read more




Feed grain prices poised to strengthen

Feed grain prices poised to strengthen

Market Talk with Jerry Klassen

During the first week of January, Lethbridge area feedlots were buying feed barley in the range of $310-$320/tonne delivered. In central Alberta, operations were making purchases from $270/tonne to $310/tonne. The feed barley market came under pressure in December after the release of Statistics Canada’s November crop survey. Weaker corn prices have also contributed to […] Read more