Livestock, Market talk, Markets

Should I expand the cow herd?

Posted 4 days ago by Jerry Klassen

Beef Cattle, Global markets, Markets

Canada Beef market intelligence update: U.S. restaurants re-open as vaccinations roll out

Posted on May 4, 2021 by Robyn Paddison

Beef Cattle, Markets, News

Fed cattle prices see a boost

Posted on April 30, 2021 by Debbie McMillin

Must Reads

• Markets, News

  Livestock Price Insurance Program expansion offers more strategic options for cow-calf producers

  Recent changes to the Livestock Price Insurance program give cow-calf producers a few more tools to protect themselves against market…

  April 29, 2021

• Beef Cattle, Global markets, Markets

  Canada Beef market intelligence update: Beef demand strengthens in South Korea

  The Lunar New Year holiday in February and a slight easing of COVID-19 restrictions have boosted beef demand in South…

  April 21, 2021

• Markets, News, Prime cuts

  North America’s high-quality beef

  The Canadian and U.S. beef industries have much in common. In fact, their markets for both cattle and beef are…

  April 19, 2021

• Livestock, Market talk, Markets

  Feeder cattle supplies tightening

  In my previous article, I mentioned that the USDA made a downward revision to the 2019 calf crop while the…

  April 9, 2021

• Beef Cattle, Markets, News

  McMillin: Fed cattle market sees little improvement

  Fed cattle A larger domestic slaughter supply coupled with heavier carcass weights limited seasonal improvement in the fed market. The…

  April 1, 2021

• Markets, News, Prime cuts

  Cattle producers put their money…

  Beef producers have complained for years about how a few large companies dominate beef processing and how much money they…

  March 22, 2021

Crops, Markets, Reuters

U.S. grains: Corn and soy mixed, wheat down

Wheats lower on weather view for U.S. Plains

By Mark Weinraub, GFM Network News 5 hours ago

Chicago | Reuters — U.S. soybean and corn futures closed mixed on Monday, with nearby contracts firming on support from tight supplies and strength in the cash market, while forecasts for warm weather that will boost crop development in the U.S. Midwest pressured new-crop issues, traders said. “The outlook warmed up for the Midwest over […] Read more

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Livestock, Markets, Reuters

U.S. livestock: Live cattle futures close to unchanged

CME June lean hog futures fall

By Mark Weinraub, GFM Network News 5 hours ago

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled close to unchanged on Monday, with attempts at a bargain-buying rally fizzling out after hitting some key resistance points. Hog futures were lower, notching their third straight day of declines on a technical setback. Cattle futures had weakened along with corn futures to end […] Read more

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Currency Markets

Canadian Financial Close: Loonie pushing higher

Dollar gains more than a quarter cent

By GFM Network News 6 hours ago

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 17 (MarketsFarm) – The Canadian dollar increased in value on Monday, as the United States dollar continued to struggle. The loonie finished at US$0.8277 or US$1=C$1.2081, compared to Friday’s close of US$0.8258 or US$1=C$1.2109. On the U.S. Dollar Index, the greenback slipped back 0.148 at 90.175 points. The […] Read more

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Futures

North American Grain/Oilseed Review: July canola limit-up, new crop months all lower

By GFM Network News 7 hours ago

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 17 (MarketsFarm) – The ICE Futures canola market was mixed on Wednesday, with a limit-up move in the old crop July contract and losses in the new crop months. The July contract hit its daily limit in early activity, leading to thin trade in the deferred months for the […] Read more

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Futures

ICE canola mixed at midday Monday

By GFM Network News 11 hours ago

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 17 (MarketsFarm) – The ICE Futures canola market was mixed at midday Monday, with the old crop July contract up its daily C$45 per tonne limit and a steady tone in the more deferred new crop months. Tight old crop supplies remained a key driver in the front month, […] Read more

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Currency Markets

Canadian dollar and business outlook

By GFM Network News 12 hours ago

By MarketsFarm WINNIPEG, May 17 (MarketsFarm) – The Canadian dollar was firmer Monday morning, as gains in crude oil provided some support. The strength in the currency came despite signs that Canada’s housing market was cooling down. At 8:52 a.m. CDT Monday morning, the Canadian dollar was at US$0.8268 or US$1=C$1.2095 which compares with Friday’s […] Read more

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Global markets

Global Markets: Israeli, Palestinian conflict intensifies

By GFM Network News 12 hours ago

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Israeli military conducted heavy air strikes over Gaza on Monday, destroying 15 kilometres of tunnels and the homes of nine Hamas commanders. During those air strikes, one Hamas commander, Hussam Abu Harmeed, was killed. After Harbeed’s death, […] Read more

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Futures

ICE Canada Morning Comment: Canola off to a mixed start

Support from Chicago soy complex

By GFM Network News 13 hours ago

By Glen Hallick, MarketsFarm WINNIPEG, May 17 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mixed on Monday morning with sharp gains in the old crop July contract and declines in the immediate new crop positions. There was spillover strength coming from higher values in the Chicago soy complex. However, there were losses in European […] Read more

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Crops, Markets, Reuters

Barge backlog starts moving as Mississippi River reopens

Over 1,000 barges waiting to pass

By Tom Polansek, GFM Network News 3 days ago

Chicago | Reuters — The Mississippi River reopened to vessel traffic near Memphis on Friday, the U.S. Coast Guard said, ending a shutdown of part of the waterway that caused a backlog of more than 1,000 barges carrying oil, corn and other goods. The Coast Guard said the river is open to all vessel traffic […] Read more

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Crops, Markets, Reuters

U.S. grains: Corn tumbles on long liquidation

CBOT soy, wheat modestly higher

By Julie Ingwersen, GFM Network News 3 days ago

Chicago | Reuters — U.S. corn futures fell for a third straight session on Friday, with the benchmark July contract hitting a two-week low on fund-driven long liquidation amid easing concerns about dwindling supplies, analysts said. Soybean and wheat futures closed higher. Chicago Board of Trade July corn futures settled down 31 cents at $6.43-3/4 […] Read more

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