(Photo courtesy Canada Beef Inc.)

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

Chicago | Reuters — U.S. wheat futures rose more than two per cent on Wednesday as signs of fresh export demand triggered a short-covering rally in a market where commodity funds hold a large net short position, traders said. Corn futures ended lower after a choppy session while soybeans fell, pressured by the expanding harvest […] Read more

(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybean rally snuffed out as harvest advances

Reuters — Chicago soybean prices fell on Tuesday, snuffing out a three-session rally as an accelerating U.S. harvest shifted attention back toward the prospect of record production. Corn edged higher, supported by short-covering in spread trades against soybeans, while wheat finished flat, held in check by technical selling and ample U.S. supplies. Chicago Board of […] Read more


(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Bargain buying rallies CME lean hogs

Chicago | Reuters — Most Chicago Mercantile Exchange lean hog contracts ended sharply higher on Monday, fueled by bargain buying following futures’ plunge by their three-cent/lb. price limit on Friday, said traders. October, which will expire on Oct. 14, closed down 0.1 cent/lb. at 48.925 cents (all figures US$). Most-actively traded December ended 0.2 cent […] Read more

(FIle photo by Allan Dawson)

U.S. grains: Corn jumps in trading against wheat

Reuters — U.S. corn futures jumped to a 10-1/2 week high on Monday, lifted by trades that simultaneously bought the grain and sold wheat, after last week’s report on supplies by the U.S. Department of Agriculture. Chicago wheat slipped, while soybeans rose to their highest since Sept. 23 on short-covering and gains in soymeal. USDA […] Read more






(USDA.gov via Flickr)

USDA reports U.S. wheat stocks biggest since 1987

Washington | Reuters –– U.S. wheat supplies ballooned to the biggest in nearly 30 years during the summer months, topping expectations, as a 12 per cent jump in production and weak demand on the export market filled storage bins, the government said Friday. The U.S. Agriculture Department also reported corn and soybean stocks as of […] Read more



(USDA.gov via Flickr)

USDA requires meat packers to report online cattle auction deals

Chicago | Reuters –– The U.S. Department of Agriculture said Thursday it will require meat packers to report cattle purchases they make through online auctions to the agency starting next week, a move that stoked traders’ hopes for more transparent markets. USDA will begin including transactions from auctions on the Fed Cattle Exchange in pricing […] Read more