(USDA.gov via Flickr)

U.S. July feedlot cattle placements smaller than expected

Chicago | Reuters — Ranchers in July placed 2.7 per cent more cattle in U.S. feedlots than a year ago, the U.S. Department of Agriculture reported on Friday, which fell short of average analysts’ forecasts. Dwindling profits for feedyards, after being paid less for their cattle by packers, discouraged them from buying calves for fattening […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle gain before USDA report, but off highs

Chicago | Reuters — Chicago Mercantile Exchange live cattle posted modest gains on Friday after investors tweaked positions before the U.S. Department of Agriculture’s monthly Cattle on Feed report at 2 p.m. CT, traders said. Analysts polled by Reuters expect the report to show 6.2 per cent more cattle entered feedlots in July than a […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle snap back from nine-month low

Chicago | Reuters — Chicago Mercantile Exchange live cattle settled higher on Thursday after short-covering and bargain buying rescued futures from a nine-month low earlier in the session, said traders. Technical buying and positioning before the U.S. Department of Agriculture’s monthly Cattle on Feed report on Friday provided more market support. August, which will expire […] Read more



(Bob Nichols photo courtesy ARS/USDA)

U.S. grains: Corn drops to nearly one-year low

Chicago | Reuters — U.S. grain prices fell about one per cent on Monday, with benchmark Chicago Board of Trade December corn sinking to a nearly one-year low, on technical selling and easing concerns that dry weather would reduce harvests. Several CBOT wheat futures contracts dropped to lifetime lows, while soybeans notched small declines. Soyoil […] Read more


(Dave Bedard photo)

ICE weekly outlook: Canola sinks below $500

CNS Canada — As canola heads towards harvest some bearish headwinds have popped up that are keeping the front-month contract below the $500 mark. “There’s been a big reversal since the (U.S. Department of Agriculture) report,” said Keith Ferley of RBC Dominion Securities in Winnipeg. USDA late last week projected the U.S. soybean crop at […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat, corn futures ease, soy firms

Chicago | Reuters — Chicago Board of Trade wheat futures sank to contract lows on Wednesday as ample global supplies provided overseas buyers with cheaper alternatives to U.S. offerings in export deals, traders said. Corn futures also were lower, pressured by the drop in wheat as well as good weather for crop development across the […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle retreat on softer cash price outlook

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Monday on expectations for lower prices for slaughter-ready, or cash, cattle this week amid ample supplies, traders said. The decline triggered pre-determined sell orders, and funds sold the October contract after it slipped beneath its 200-day moving average of 107.183 cents (all figures […] Read more