Chicago | Reuters — U.S. corn and soybean futures drifted lower on Thursday ahead of a key U.S. government report due on Friday expected to raise estimates of U.S. 2018 corn and soybean plantings. Wheat also eased, pressured by an accelerating U.S. winter crop harvest and reports of higher-than-expected yields in some areas. Favourable crop […] Read more
U.S. grains: Corn, soybeans sink to 1-1/2 week lows
U.S. livestock: Hogs sink on weak cash markets, packer margins
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures settled mostly lower on Friday as falling cash hog prices and poor packer margins weighed on the market, traders said. Worries over slowed pork export demand due to threatened retaliatory tariffs by key trading partners, including Mexico and China, also weighed on the hog market. […] Read more
U.S. grains: Wheat jumps on global crop worries
Chicago | Reuters — U.S. wheat futures climbed for a second straight day on Thursday on bargain buying following the market’s recent drop and on a weather-reduced wheat crop in Russia, the world’s top exporter. Corn followed wheat higher, underpinned by concerns that heavy rains and flooding in parts of the U.S. Midwest could drag […] Read more
U.S. grains: Corn, soy drop to new lows as rains soak Midwest
Chicago | Reuters — U.S. corn and soybean futures dropped to fresh multi-month lows on Monday as widespread rains across the Midwest farm belt bolstered production outlooks for recently planted crops. Wheat futures also eased as rainfall in Western Australia took the edge off global weather worries, although declines were limited as dry weather persisted […] Read more
U.S. grains: Soybeans slump on trade worries, good weather
Chicago | Reuters — U.S. soybean futures slid for a fifth straight session on Friday and registered the steepest weekly decline in 10 months as favourable U.S. crop weather and concerns over slowing export trade weighed on prices. Corn futures edged up on short-covering after dipping to multi-month lows on good Midwest crop weather. Wheat […] Read more
U.S. grains: Wheat rallies on dry weather fears
Chicago | Reuters — U.S. wheat futures jumped more than two per cent on Friday and ended the week up nearly five per cent as worries about dry weather in key global production regions fueled short-covering and speculative buying. Soybeans advanced for the fifth time in six sessions on renewed Chinese buying of U.S. export […] Read more
U.S. grains: Wheat hits 10-month high on weather, turns lower
Chicago | Reuters — U.S. wheat futures eased from 10-month peaks on Thursday as profit-taking eroded early gains stemming from dry weather in the U.S. Plains and other major growing areas around the world. Soybeans slipped from three-week highs as hedge-related selling offset earlier support from signs of renewed export demand from top buyer China. […] Read more
U.S. grains: Soybeans climb on hopes for renewed demand from China
Chicago | Reuters –– U.S. soybean futures scaled to a 2-1/2-week high on Wednesday as signs of renewed Chinese demand for U.S. exports lifted prices for a fourth straight session. Corn reached a 9-1/2 month peak on concerns about planting and early crop development due to adverse weather, while wheat extended prior-session gains as dry […] Read more
U.S. grains: Wheat rallies on Plains dryness, technical buying
Chicago | Reuters — U.S. wheat futures surged nearly three per cent on Tuesday on technical buying and crop production concerns due to dry weather in the U.S. Plains wheat belt and other major production areas around the globe. Corn futures advanced on spillover support from wheat, while soybeans advanced on follow-through buying from Monday’s […] Read more
U.S. grains: Soybeans surge on U.S.-China trade truce
Chicago | Reuters — U.S. soybean futures jumped more than two per cent on Monday after Washington and Beijing agreed to drop tariff threats, easing fears that demand for U.S. shipments to top importer China could slow. Corn prices were little changed, while wheat dropped on crop-boosting rains in the U.S. Plains wheat belt and […] Read more
Canadian Cattlemen Presents: Depth of Field
