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(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Beef quotes send CME live cattle higher

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday gained after triggering buy stops, spurred by the morning’s wholesale beef price rebound, traders said. Firmer wholesale beef values stirred bull spreads, in which traders bought February futures and simultaneously sold deferred months. February live cattle finished 1.175 cents/lb. higher at 124.725 cents […] Read more
Ripe soybeans near Morden, Man. on Sept. 14, 2017. (Allan Dawson photo)
Crops, Markets, Reuters

U.S. grains: CBOT soybeans, corn end week firm

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Chicago | Reuters — U.S. soybean futures rose for the fifth straight day on Friday, hitting their highest in 5-1/2 weeks as concerns about crop development in South America fuelled buying, traders said. Parched soils in Argentina have underpinned prices throughout the week. “Dryness in Argentina has provided enough fuel for soybean prices to find […] Read more
Corn, Crops, Markets, Soybeans, Winter Wheat

CBOT weekly outlook: Markets stabilize following USDA reports

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CNS Canada — Corn and soybean contracts on the Chicago Board of Trade (CBOT) are catching up following the release of U.S. Department of Agriculture (USDA) reports last Friday. Corn “went down on Friday in response to the report. We couldn’t file through it all yesterday. So we actually ended up finding some short-covering and […] Read more
(Dave Clark photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Corn jumps in short-covering bounce

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Chicago | Reuters — U.S. corn futures climbed more than one per cent on Wednesday on short-covering and technical buying after recent contract lows and on expectations that a weaker U.S. dollar may revive slumping export demand. Wheat also rose about one per cent after hitting one-month lows in the previous session, while soybeans recovered […] Read more
(Allan Dawson file photo)
Corn, Crops, Markets

Manitoba corn rides strong yields through bearish market

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CNS Canada — Even as large world supplies continue to weigh down the North American corn market, farmers in Manitoba can continue to hang their hats on strong yields, according to an industry expert. Manitoba’s average yield from the 2017 crop was 134 bushels an acre, according to Myron Krahn, president of the Manitoba Corn […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

U.S. grains: Wheat drops most since August after USDA acreage surprise

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Chicago | Reuters — Chicago wheat futures tumbled nearly three per cent on Friday, notching their biggest daily decline since August, after the U.S. Department of Agriculture showed larger-than-expected U.S. winter wheat plantings. Corn futures fell to life-of-contract lows, while soybeans turned higher in a recovery from four-month lows in the wake of the midday […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

USDA raises corn harvest view

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Washington | Reuters — The U.S. Agriculture Department on Friday boosted its estimate of domestic corn production due to a record yield that stemmed from bumper harvests in major growing states such as Illinois as well as some of the smaller production areas. USDA also trimmed its view of soybean production, although the 2017 crop […] Read more

Canadian Cattlemen Presents: Depth of Field

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