(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle climb to one-month top

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts hit a one-month high on Friday, driven by fund buying and short-covering, said traders. Futures’ discounts to this week’s better-than-anticipated cash prices generated more buying. June closed 3.4 cents/lb. higher at 130.825 cents, and August 1.35 cents higher at 126.05 cents (all figures US$). Live […] Read more


(MGEX.com)

U.S. grains: Minneapolis wheat surges on northern Plains dryness

Chicago | Reuters — U.S. spring wheat futures set a 5-1/2-month high on Friday, buoyed by expanding dryness in the northern Plains production belt, analysts said. Minneapolis Grain Exchange July spring wheat settled up five cents at $5.83-3/4 per bushel after reaching $5.90, the highest spot price since mid-January (all figures US$). The spot contract […] Read more







closeup of a cattle in a field

Events begin shaping trade with the U.S.

Free Market Reflections with Steve Dittmer

As Canadians who closely follow American politics know, the Democrats have not suffered their loss gracefully. But it’s not party hacks but citizens who suffer from obstructionist tactics. Of the 4,000 or so appointments needing Senate confirmation, only two or three dozen had been confirmed by mid-April. One of those delays could definitely affect trade […] Read more