(Dave Clark photo courtesy ARS/USDA)

U.S. grains: Corn up on USDA world stocks view

Chicago | Reuters — U.S. corn futures rose about two per cent on Wednesday after the U.S. Department of Agriculture’s forecast for global inventories at the end of the 2017-18 marketing year fell below trade expectations. Soybean futures hit a six-week high after the USDA’s reports were released, buoyed by the government’s forecast for a […] Read more


(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy up ahead of USDA data

Chicago | Reuters — U.S. soybean futures climbed nearly one per cent on Tuesday, halting a three-session slide, as traders adjusted positions a day ahead of a U.S. government crop report and as excessively wet weather in the Midwest raised concerns, analysts said. Corn futures closed modestly higher while wheat fell, pressured by a stronger […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle soar limit up

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts on Wednesday posted new highs, and nearby months hit their three-cent daily price limit, sparked by brisk beef demand and stronger-than-anticipated cash prices, traders said. June settled at 130.05 cents and August 123.8 — limit up and fresh highs for both contracts (all figures US$). […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle climb seventh straight session

Chicago | Reuters — Chicago Mercantile Exchange live cattle rose on Monday for the seventh consecutive session, boosted by improved wholesale beef demand and futures’ discounts to recent cash prices, traders said. They said speculative buying and buy stops drove deferred contracts to fresh highs. April live cattle closed 1.05 cents/lb. higher at 126.425 cents […] Read more





(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy rebounds from one-year low

Chicago | Reuters — U.S. soybean futures rose nearly one per cent on Wednesday on bargain buying and short-covering, one day after a U.S. government forecast for record global soy inventories pushed the front contract to its lowest level in a year. Corn futures advanced as traders focused on uncertain planting weather in the U.S. […] Read more