(Lisa Guenther photo)

CBOT weekly outlook: Corn, soy likely rangebound

CNS Canada — Soybeans and corn at the Chicago Board of Trade are likely to be rangebound following a report from the U.S. Department of Agriculture (USDA) on Wednesday. USDA on Wednesday released its monthly world agricultural supply and demand estimates (WASDE), to which traders were looking for direction. “Soybeans, corn — there’s probably a […] Read more

September spells serious slump

September spells serious slump

Prime Cuts with Steve Kay from the October 2016 issue of Canadian Cattlemen

U.S. cattle feeders might be excused for believing there is a curse on the September market. Feeders endured a historic collapse in live cattle prices in September last year, when cash prices fell more than US$27 per cwt in five weeks. Now prices have suffered another collapse, starting in mid-August, which showed no sign of […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle slump limit down

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Monday settled down by their three cents/lb. daily price limit, on sell stops and fund liquidation after some contracts fell beneath chart support levels, said traders. October and December were down three cents/lb. at 98.875 and 100.05 cents, respectively (all figures US$). December futures […] Read more