U.S. grain markets Friday snapped a furious three-week rally that had sent corn prices up more than a third since mid-June, as a downbeat U.S. jobs report provided an excuse for traders to book profits. Although new U.S. Midwest forecasts showed only marginal relief from what may be the worst drought in a quarter-century, traders […] Read more
Corn, soy snap rally, up sharply for week
Chicago traders revolt at change in CME rules
Chicago pit traders are up in arms against a CME Group plan to use electronic trading to set grain and livestock closing prices, a move they fear will drive another nail in the coffin of open-outcry dealing. CME Group, already under fire from many traders for its delay in getting money returned to customers after […] Read more
U.S. hog, poultry firms to extend use of feed wheat
The surprise drop in U.S. corn feed demand this summer may be only the beginning of a year-long reduction as chicken and hog producers break a long-held aversion to blending more wheat into rations. What initially began as a summer fling with an unprecedented premium for corn prices over wheat has turned into an enduring […] Read more
Canadian Cattlemen Presents: Depth of Field
