(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle finish mostly firmer

Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts on Monday finished modestly higher after investors sold December futures and simultaneously bought deferred months in a trading strategy known as bear-spreading, traders said. December live cattle closed down 0.025 cent per pound at 105.575 cents (all figures US$). February ended up 0.225 cent […] Read more


USDA boosts crop yield forecast

USDA boosts crop yield forecast

Washington/Reuters – The U.S. Agriculture Department raised its already record-high forecast for U.S. corn and soybean harvests Nov.9, with gains keyed by increased yield estimates in major production states such as Iowa, Minnesota and Ohio. The bumper harvest will leave a larger-than-expected stockpile of both commodities even with increased usage forecasts, the government said in […] Read more



(Dave Bedard photo)

U.S. grains: Soy, corn sag ahead of USDA report, election

Chicago | Reuters — U.S. soybean futures fell on Wednesday for a fourth straight session on long liquidation and profit-taking ahead of a key government crop report and market jitters over next week’s  presidential election, analysts said. Corn also declined, with the December contract nearing a three-week low. Wheat firmed on short-covering as investors headed […] Read more



(VDL.umn.edu)

Cull sows no longer stopped at U.S. border

Canada’s swine industry appears to have dodged what could have been an economic catastrophe with quick action on senecavirus A. In August this year, 13 Ontario animals were identified with lesions on their snouts or hooves at a processing plant in the U.S., triggering a memo from the U.S. Food Safety and Inspection Service to […] Read more

(FIle photo by Allan Dawson)

U.S. grains: Soy, corn fall on big U.S. crops

Chicago | Reuters — Chicago Board of Trade soybean and corn futures fell on Tuesday on expectations the U.S. Department of Agriculture might raise its forecast of the U.S. soybean yield in a monthly report next week, traders said. Wheat followed the weak trend, with global grain supplies adding pressure. CBOT January soybeans settled down […] Read more


(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Lean hogs rise for third straight session

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Monday settled higher for a third consecutive session, with strength from buy stops and firmer wholesale pork values on the final trading day for the month, traders said. Most actively traded December lean hogs closed 1.15 cents/lb. higher at 47.95 cents (all figures US$). […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat jumps on short-covering

Chicago | Reuters — Chicago Board of Trade wheat futures climbed more than one per cent on Monday as traders covered short positions following U.S. regulatory data last week showing an unexpectedly large build in bearish wheat bets. Soybean and corn futures both were flat to narrowly mixed in thin-volume trading, with some soybean contracts […] Read more