(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat falls; corn, soy firm

Chicago | Reuters — U.S. wheat futures fell on Friday, led lower by a sharp decline in MGEX spring wheat as investors liquidated bullish positions following the U.S. Department of Agriculture’s forecast for a bigger-than-expected crop in the northern Plains, traders said. The selloff pushed the benchmark Chicago Board of Trade soft red winter wheat […] Read more

USDA sees bumper U.S. corn, soy harvests despite weather woes

USDA sees bumper U.S. corn, soy harvests despite weather woes

Washington/Reuters – The U.S. 2017 corn and soybean harvests will be bigger than expected despite a slow start to planting and concerns that hot and dry conditions stressed the corn crop during critical periods of development, the government said on Thursday. The U.S. Department of Agriculture’s forecasts for both corn and soybean yield and production […] Read more



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Argentine wheat seedings slowed by rain

CNS Canada – Argentina’s hope for a near-record wheat crop have been dampened by excessive rain and below-average seedings. With planting nearly complete, the United States Department of Agriculture office in Buenos Aires has estimated the Argentine wheat crop at 12.8 million acres. That falls about one million acres below the official USDA forecast of […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: Improved cash prices lift CME live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished firmer on Friday, led by higher cash prices than earlier this week, traders said. Technical buying and futures’ discounts to cash returns provided more market support. Investors were awaiting the U.S. Department of Agriculture’s monthly Cattle on Feed report on Friday at 2 p.m. […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle slump on profit-taking, cash caution

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Thursday, erasing most of Wednesday’s gains, pressured by profit-taking and caution while awaiting remaining cash prices, traders said. Technical selling contributed to market losses ahead of the U.S. Department of Agriculture’s monthly Cattle on Feed report on Friday, traders said. USDA will […] Read more




(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle jump

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained sharply on Wednesday, fueled by short-covering in response to higher-than-expected preliminary cash prices, said traders. They said fund buying contributed to market advances. August ended 2.2 cents/lb. higher at 117.275 cents and above the 20-day moving average of 115.838 cents (all figures US$). October […] Read more