(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle limit down on equities downturn

Chicago | Reuters — U.S. cattle futures tumbled more than two per cent on Monday, falling in sympathy with steep downturns in equities markets and following disappointing trades last week in cash cattle. Front-month live and feeder plummeted by their respective daily price limits of three and 4.5 cents/lb., with feeder cattle extending losses to […] Read more






(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat prices fall on hefty supplies

Chicago | Reuters — U.S. wheat fell for the second straight day on Thursday, pressured by technical selling, ample global supplies and lacklustre demand for U.S. shipments and dragged by Paris futures which hit a contract low early in the session. Chicago Board of Trade wheat futures extended declines after Euronext March milling wheat tumbled […] Read more



(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hogs jump on expectations of tighter supplies

Chicago | Reuters — U.S. lean hog futures surged as much as 2.8 percent on Tuesday, in a bull-spreading rally on expectations of seasonally tighter supplies and ideas of stronger retail demand for pork, traders and analysts said. Investors were buying the Chicago Mercantile Exchange February lean hogs contract and selling deferred contracts such as […] Read more

(Michael Thompson photo courtesy ARS/USDA)

Ardent restarts Illinois flour mill after flooding

Chicago | Reuters –– The largest U.S. flour miller, Ardent Mills, has resumed operations in Alton, Illinois, as floodwaters along the Mississippi River receded while a mill at Chester, Ill. will remain down for weeks, company executives said Tuesday. Near record-high floodwaters following deadly winter storms forced the company to shut down the mills a […] Read more