Beef Cattle, Markets

Weekly slaughter levels lowest in decades

Posted on May 25, 2020 by Debbie McMillin

Markets, News, Prime cuts

COVID-19’s continuing chaos

Posted on May 15, 2020 by Steve Kay

Beef Cattle, Features, Markets

Marketing game plan crucial in uncertain times

Posted on May 7, 2020 by Heather Smith Thomas

Must Reads

• Market talk, Markets

  Feed grains outlook

  I’ve received many inquiries regarding the feed grain outlook for the 2020-21 crop year. Grass cattle and calves have been…

  May 1, 2020

• Beef Cattle, Markets

  Reduced shifts, closures see cash cattle prices sink

  Fed cattle Fed cattle cash prices in recent weeks have moved sharply lower as uncertainty in the market continues to…

  April 17, 2020

• Market talk, Markets

  A year-over-year decline in calf crops

  Over the past couple of weeks, I’ve received many inquiries about the price outlook for feeder cattle. Calving season has…

  April 9, 2020

• Markets, News, Prime cuts

  The cruelty of the coronavirus

  The start of the new decade held much promise, whether it was for the global economy or prospects of an…

  April 6, 2020

• Beef Cattle, Markets

  COVID-19 pandemic sees cattle markets plunge

  Fed Cattle Global uncertainty resulting from the rapidly changing COVID-19 pandemic has caused all financial and commodity markets to struggle.…

  March 19, 2020

• Markets, News, Prime cuts

  Will the U.S. have enough beef?

  A valid question arises when considering the latest supply and demand dynamics for the U.S. beef industry. Will it have…

  March 16, 2020

Livestock, Markets, Reuters

U.S. livestock: Live cattle firm on economic optimism

CME lean hogs close mostly higher

By Julie Ingwersen, GFM Network News 8 hours ago

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed for a second day on Thursday on technical buying and optimism that the U.S. economy may be on the upswing, analysts said. However, gains in nearby contracts trailed those in deferred months as a backlog of market-ready cattle and falling wholesale beef prices hung […] Read more

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Crops, Markets, Reuters

U.S. grains: Wheat soars as export outlook brightens

CBOT soybeans near two-month top

By Julie Ingwersen, GFM Network News 8 hours ago

Chicago | Reuters — U.S. soybean futures hit their highest levels in nearly two months on Thursday and wheat futures rose more than two per cent as a weaker dollar bolstered export prospects for U.S. grains and oilseeds, analysts said. Corn futures followed the firm trend. Chicago Board of Trade July soybeans settled up 10-1/4 […] Read more

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Currency Markets

Canadian Financial Close: Loonie firm amid trade deficit

OPEC+ meeting back on - maybe

By GFM Network News 10 hours ago

By MarketsFarm WINNIPEG, June 4 (MarketsFarm) – The Canadian dollar was virtually unchanged on Thursday, as pressure from poor trade data was countered by small gains in global crude oil. The loonie finished the day at US$0.7403 or US$1=C$1.3508, compared to Tuesday when it closed at US$0.7405 or US$1=C$1.3504. Statistics Canada reported the country had […] Read more

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Crops, Markets

Grain exports continue strong out of Thunder Bay

COVID-19 leads to increased demand, reduced oil traffic by rail

By MarketsFarm, GFM Network News 12 hours ago

MarketsFarm — The Port of Thunder Bay reported another strong grain handling month in May, as more than 1.1 million tonnes of Canadian grain and oilseeds moved through the harbour on the northern shores of Lake Superior during the month. Increased demand from many countries stockpiling grain amidst the global COVID-19 pandemic was cited as […] Read more

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Futures

North American Grain/Oilseed Review

By GFM Network News 12 hours ago

By Marlo Glass, MarketFarm WINNIPEG, June 4 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Thursday, carrying on strength from earlier in the week. A slight dip in the Canadian dollar was supportive of canola values. The loonie was under 74 United States cents at midday for the first time in two […] Read more

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Futures

ICE Canola Midday: Prices stronger at midday

By GFM Network News 16 hours ago

By Marlo Glass, MarketsFarm WINNIPEG, June 4 – ICE Futures canola contracts were higher at midday Thursday, continuing gains from prior trading sessions. Slight weakness in the Canadian dollar was supportive of canola values, as the loonie dropped below 74 United States cents for the first time in two days. Canola also got a boost […] Read more

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Global markets

Global Markets: 10,000 protestors arrested across U.S.

By GFM Network News 17 hours ago

By MarketsFarm WINNIPEG, June 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Former Minneapolis police officer Derek Chauvin has been charged with second-degree murder for kneeling on George Floyd’s neck, upgraded from the initial charge of third-degree murder. The three police officers who watched it happen […] Read more

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Futures

ICE canola up Thursday morning

By GFM Network News 17 hours ago

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 4 (MarketsFarm) – The ICE Futures canola market was holding onto small gains Thursday morning, taking some direction from Chicago Board of Trade soybeans. Early weakness in the Canadian dollar was also supportive, although the currency has shown considerable strength over the past week. Excessive moisture in parts of […] Read more

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Currency Markets

Canadian Dollar and Business Outlook: Loonie slips under 74 U.S. cents

Doubts surround OPEC+ meeting

By GFM Network News 17 hours ago

By MarketsFarm WINNIPEG, June 4 (MarketsFarm) – The Canadian dollar was slightly lower on Thursday morning as global benchmark crude oil prices dipped. As of 8:42 CDT, the Canadian dollar was at US$0.7396 or C$1.3526, compared to Wednesday’s close of US$0.7405 or C$1.3504. Benchmark crude oil prices were lower on Thursday morning, as the OPEC+ […] Read more

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Crops, Markets

CBOT weekly outlook: Prices stable, crops looking good

By Glen Hallick - MarketsFarm, GFM Network News 1 day ago

MarketsFarm — Over the last few weeks, soybean and corn prices on the Chicago Board of Trade (CBOT) have stabilized, according to Scott Capinegro of Barrington Commodities at Barrington, Ill. “And that’s a good thing. Where this goes from here is still anybody’s guess,” he said. Noting that the crops in the United States are […] Read more

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