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Cattle market endures volatility

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Consumer spending favours beef market

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What is the cattle futures market saying?

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Are we headed for an oversupply of beef? Market Update with Jerry Klassen Market Update with Jerry Klassen

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GRAINS-Soy hits 17-month low, corn 2-month low on benign U.S. weather

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(Updates U.S. market to close) By Michael Hirtzer CHICAGO, June 22 (Reuters) – U.S. soybean futures touched a 17-month low and corn fell to a roughly two-month low on Thursday, pressured by forecasts for cooler weather conditions that could reduce stress on developing crops, traders and analysts said. Chicago Board of Trade wheat futures followed […] Read more

GRAINS-Soy hits 17-month low, corn 2-month low on benign U.S. weather

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(Recasts; updates prices, adds analyst comments; changes byline, dateline, previously PARIS/SINGAPORE) By Michael Hirtzer CHICAGO, June 22 (Reuters) – U.S. soybean futures touched a 17-month low and corn fell to a roughly two-month low on Thursday, pressured by forecasts for cooler weather conditions that could reduce stress on developing crops, traders and analysts said. Chicago […] Read more

Canadian Financial Close: Retail numbers boost dollar

By Commodity News Service Canada June 22 – The Canadian dollar made gains relative to its American counterpart today following news of strong April retail sales. Canadian consumers posted retail sales of C$48.64 in April, a .8 per cent increase compared to March and higher than the .2 per cent increase predicted by analysts. Oil […] Read more

Pulse Report: Analysts make seeding estimates

By Commodity News Service Canada WINNIPEG, June 22 (CNS Canada) – A Reuters survey of 16 traders and analysts suggests prairie farmers may have seeded an average of 4 million acres to peas this spring. That compares to 3.989 million acres estimated by Statistics Canada in April. The trade survey places the average lentil estimate […] Read more

Feed Grains: Costco feed mill construction underway

By Commodity News Service Canada WINNIPEG, June 22 (CNS Canada) – Ukrainian barley exports continue at a rapid pace. According to UkrAgroConsult, Ukraine has exported 5.25 million tonnes of barley as of May 2017, 19 per cent more than all of 2016. Exports to the European Union were at 348,000 tonnes, compared to 227,000 tonnes […] Read more

North American Grain/Oilseed Review: Canola lower, testing support

By Phil Franz-Warkentin and Dave Sims, Commodity News Service Canada Winnipeg, June 22 (CNS Canada) – ICE Futures Canada canola contracts were weaker on Thursday, settling just above major support in the new crop November contract. November canola touched a session low of C$472.40 per tonne before uncovering some support. That contract has not settled […] Read more