Beef Cattle, Markets

Fed cattle market rebounds after hitting near-decade lows

Posted on July 31, 2020 by Debbie McMillin

Beef Cattle, Features, Markets

Cattle pricing during an economic crisis

Posted on June 22, 2020 by Charlie Gracey

Markets, News, Prime cuts

Beef producers get a raw deal

Posted on June 19, 2020 by Steve Kay

Must Reads

• Beef Cattle, Market talk, Markets

  Lower feeder cattle prices spur outburst of emotions

  In January of 2010, a feeder association in Western Canada asked me to speak at their annual conference. This conference…

  June 8, 2020

• Beef Cattle, Markets

  Weekly slaughter levels lowest in decades

  Fed cattle This spring, weekly slaughter levels were nearly 60 per cent lower than a year ago and the lowest…

  May 25, 2020

• Markets, News, Prime cuts

  COVID-19’s continuing chaos

  As I write this on April 6, the April live cattle futures contract here in the U.S. has closed down…

  May 15, 2020

• Beef Cattle, Features, Markets

  Marketing game plan crucial in uncertain times

  Beef producers face many uncertainties, from weather to market fluctuations. Profit margins are thin or even negative. All that risk…

  May 7, 2020

• 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

Crops, Markets, Reuters

U.S. grains: Wheat, soy futures fall on bearish supply view

Chicago corn steadies

By Mark Weinraub, GFM Network News 11 hours ago

Chicago | Reuters — Chicago Board of Trade wheat futures sank 1.9 per cent on Thursday to their lowest in nearly a month, their third decline in four sessions, with expectations for rising global supplies pushing prices lower, traders said. Corn futures steadied after hitting fresh contract lows on Tuesday, with the outlook for massive […] Read more

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Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures fall after bearish export reports

By Reuters, GFM Network News 12 hours ago

Chicago | Reuters — Chicago Mercantile Exchange hog and cattle futures fell on Thursday, pressured by signs of declining export demand for U.S. supplies. The U.S Agriculture Department on Thursday morning said that beef export sales totaled 15,100 tonnes in the week ended July 30, down 50.8 per cent from the 30,700 tonnes reported a […] Read more

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Currency Markets

Canadian Financial Close: C$ weakens off nearby highs

By GFM Network News 16 hours ago

By MarketsFarm WINNIPEG, Aug. 6 (MarketsFarm) – The Canadian dollar was slightly weaker on Thursday, backing away from the five-month highs hit the previous session. Positioning ahead of the latest jobs data from the United States, due out on Friday, accounted for some of the activity. The Canadian dollar closed at US$0.7523 or US$1=C$1.3292, which […] Read more

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Futures

North American Grain and Oilseed Review: Canola gains back some of Wednesday’s losses

Beans, corn steady ahead of S&D report

By GFM Network News 17 hours ago

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 6 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady to higher on Thursday, as technical and commercial buying provided support. There were small gains in Chicago soyoil and European rapeseed to help underpin canola as lower Malaysian palm oil weighed on values. The Saskatchewan weekly crop report […] Read more

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Futures

ICE Canola Midday: Buying nudges up prices

Support also from soyoil, rapeseed

By GFM Network News 21 hours ago

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 6 (MarketsFarm) – ICE Futures canola contracts were steady to higher at midday Thursday, due to “a mixture of technical and commercial buying,” according to a Winnipeg-based trader. He said there had been support from other vegetable oils in the overnight trading. However, Malaysian palm oil retreated to finish […] Read more

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Global markets

Global Markets: Cost of food rises globally in July

Index increases from 93.1 to 94.2

By GFM Network News 23 hours ago

By MarketsFarm WINNIPEG, Aug. 6 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The world food price index increased in July, according to a report from the United Nations Food and Agriculture Organization on Thursday. The FAO said a basket of cereals, oilseeds, dairy products, meat […] Read more

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Futures

ICE canola correcting higher early Thursday

By GFM Network News 23 hours ago

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 6 (MarketsFarm) – The ICE Futures canola market was stronger Thursday morning, taking back Wednesday’s losses. Gains in Chicago Board of Trade soyoil accounted for some of the spillover buying interest, with Malaysian palm oil and European rapeseed futures also firm overnight. However, chart resistance held to the upside, […] Read more

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Currency Markets

Canadian Dollar and Business Outlook: Loonie retreats a little

Crude oil, TSX begin higher

By GFM Network News 23 hours ago

By MarketsFarm WINNIPEG, Aug. 6 (MarketsFarm) – The Canadian dollar eased back on Thursday morning, despite increases in crude oil and the TSX. As of 8:37 CDT, the Canadian dollar was at US$0.7527 or C$1.3284, compared to Wednesday’s close of US$0.7540 or C$1.3262. Benchmark crude oil prices were slightly higher on Thursday morning, following news […] Read more

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Corn, Crops, Markets, Reuters

Corteva posts weak revenue, disappointing outlook

By Arathy S Nair, GFM Network News 1 day ago

Reuters — Corteva Inc. on Wednesday missed analysts’ expectations for second-quarter revenue and its reinstated full-year forecast came in below estimates, sending the seed and pesticide producer’s shares down as much as nine per cent in extended trade. Good weather and higher planted area shifted corn volumes in North America to the first quarter, while […] Read more

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Crops, Markets, Weather

Crop tour suggests record-large wheat harvest ahead

By Reuters, GFM Network News 2 days ago

Winnipeg | Reuters — Canadian farmers are on track to harvest a record-large all-wheat crop, and more canola than last year, due mainly to favourable crop conditions, advisory service FarmLink Marketing Solutions estimated Wednesday. The Winnipeg-based company’s staff toured western Canadian fields during the last two weeks of July. “We expected a big crop and […] Read more

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