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CBOT November 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans up on trade optimism, Midwest weather

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Chicago | Reuters — U.S. soybean futures climbed to their highest level in nearly three months on Wednesday before paring gains, supported by optimism about increased Chinese purchases and fears that a winter storm in the upper U.S. Midwest could threaten late-maturing crops. Corn closed modestly lower and wheat was little changed, with both commodities […] Read more
(SKHoward/iStock/Getty Images)
Crops, Machinery, Markets, Reuters, Weather

Climate change has U.S. fund managers adjusting agriculture investments

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New York | Reuters — After historic floods devastated Midwestern agricultural states this spring, some fund managers are evaluating how climate change will affect the long-term value of companies that make or sell products ranging from tractors to fertilizer. The issue is not simply the unpredictability of weather. Instead, fund managers say, they are struggling […] Read more
U.S. livestock: Hog futures mixed after hitting three-month high
Livestock, Markets, Reuters

U.S. livestock: Hog futures mixed after hitting three-month high

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Chicago | Reuters — U.S. lean hog futures were mixed on Wednesday, with the front-month contract easing on profit-taking after rallying to a three-month high while deferred contracts rose on expectations of tight supplies, traders said. Live cattle contracts were firm following two straight days of declines with concerns about a massive U.S. storm system […] Read more
CBOT May 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat falls on profit-taking

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Chicago | Reuters — U.S. wheat futures eased 1.2 per cent on Wednesday, setting back on a mild round of profit taking after prices posted their biggest rally since last summer on Tuesday. Corn and soybeans ended higher after weakening overnight and early in the day session as traders moved to cover short positions amid […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle settle mixed, hogs firmer

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Chicago | Reuters — Chicago Mercantile Exchange live cattle April futures on Friday drew support from late-week cash price strength, while profit-taking weighed on the June contract, said traders. Short-covering and technical buying underpinned deep-deferred trading months, they said. April live cattle closed 1.325 cents/lb. higher at 117.075 cents (all figures US$). June ended down […] Read more
History, Our History

History: The May blizzard of 1903

Reprinted from the August 1950 issue of Canadian Cattlemen

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The May blizzard of 1903 By Mary Terrill, Medicine Hat, Alta. ‘The range was lush in this short grass country of southern Alberta in the spring of 1903. It was the lushness of two immediately preceding years of ample snowfall, and an abundance of rain in the growing season, followed by an early spring in the […] Read more
(Photo courtesy Canada Beef Inc.)
Corn, Crops, Reuters, Weather

Japan feedmakers to tap corn stocks after U.S. supply disruption

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Tokyo | Reuters — Japan’s feedmakers are expected to tap the country’s emergency stockpiles of corn as inventories decline to critically low levels due to a delay in shipments from the U.S. Japan’s Ministry of Agriculture, Forestry and Fisheries plans to approve the measure after heavy storms in the northwestern U.S. caused lengthy delays to […] Read more
(Bruce Fritz photo courtesy ARS/USDA)
Crops, Weather

Manitoba sunflowers take beating from storms

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CNS Canada –– Manitoba crops have suffered an array of problems due to unfavourable weather this year, and sunflowers are no exception. “(Sunflower) crops would be looking really good if it wasn’t for the storms that have been rolling through Manitoba over the last few weeks,” said Troy Turner, agronomist with the National Sunflower Association […] Read more

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