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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



Pulses: India looks to South Africa

By Dave Sims, Commodity News Service Canada Winnipeg, September 29 – Following are a few highlights in the Canadian and world pulse markets on Thursday, September 29. – Dry conditions have aided Ontario’s dry bean harvest, according to a report by Thompson’s. Yields are expected to be between 16 to 19 bags per acre. The […] Read more

Feed Grains: Weather problems plaguing AUS wheat

By Commodity News Service Canada WINNIPEG, September 29 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Thursday, September 29. – CBOT corn futures were mostly unchanged Thursday, due to position-squaring and uncertainty about the true state of corn yields in the US. – Farmers in Kansas […] Read more






North American Grains/Oilseed Review: Canola firms with soy

By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, September 29 – THE ICE Futures Canada canola market finished slightly higher in range-bound trade Thursday, taking strength from currency issues and gains in vegetable oil. Advances in US soybeans, soyoil, Malaysian palm oil and European rapeseed futures underpinned the market. The Canadian dollar […] Read more


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The Markets: Good thing consumers are eating

High beef and pork production continues to weigh on the market

Fed and feeder cattle prices continued to trend lower in August and early September as the market absorbs the year-over-year increase in beef production. Alberta packers were buying fed cattle in the range of $133 to $136 in late summer; values we haven’t seen since January of 2014. Feedlot margins continue to erode and the […] Read more


ICE Canola Advances With Crushing Pace, US Soy

By Dave Sims, Commodity News Service Canada WINNIPEG, September 29 – Canola contracts on the ICE Futures Canada platform were slightly higher at 10:35 CDT on Thursday, tracking gains in US soybeans and soyoil. The Canadian dollar was lower relative to its US counterpart, which made canola more attractive to foreign buyers. Malaysian palm oil […] Read more