Chicago Mercantile Exchange live cattle futures crept higher on Monday on expectations that U.S. supplies will continue to tighten, analysts said.
U.S. livestock: CME live cattle rise on tighter US supply expectations
June hogs rose to highest level in nearly a year
WTO meeting seeks modest outcomes, with global trade at ‘critical juncture’
Striking deals by consensus becoming more difficult amid signs global economy fragmenting
Trade ministers from around the world gathered in Abu Dhabi on Monday for a World Trade Organization meeting that aims to set new global commerce rules, but its chief Ngozi Okonjo-Iweala and delegates sought to curb expectations.
U.S. grains: Corn, soy rise in turnaround from 3-year lows in nearby futures
US grain exports face competition from South America
Chicago | Reuters -- U.S. corn and soybean futures bounced on short-covering on Monday, after large supplies earlier knocked nearby contracts to their lowest levels in more than three years, traders said.
Oat producers call chlormequat report fear mongering
Environmental Working Group blames Canadian producers for residues of plant growth regulator found in oat products
The Prairie Oat Growers Association is pushing back against allegations that Canadian oats are contaminated with chemicals from a plant growth regulator.
Managed money still adding to record large canola short position
Net short position in soybeans increased by about 2,300 contracts
Speculators continued to add to their record large net short position in canola in mid-February, showing little sign of moving to the other side of the market any time soon, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Farmers protest across Europe, press ministers to act
Protests continued in Brussels, Madrid, border between Poland and Germany
Farmers on Monday blocked a border crossing between Poland and Germany, threw bottles at police in Brussels and gathered in Madrid to demand action on cheap supermarket prices and what they say is unfair competition from abroad.
Prairie forecast update: Storms roll in
Updates forecast issued Feb. 21, 2024
The weather models are coming into agreement with up coming storm system. The low was forecasted to develop over southern Alberta on Sunday with widespread snow developing to the north and west of the low. This placed the Edmonton region in the main snow band with 10 or so centimetres forecasted to fall across this region. The snow should move out quickly on Monday as cold arctic air pours southwards behind the low dropping temperatures to below average, but only for a couple of day.
Prairie wheat bids mixed as choppy futures trend lower
Wheat futures tested fresh contract lows
Spring wheat bids in Western Canada were mixed during the week ended Feb. 23 as choppy activity in the United States futures spilled into the cash market.
U.S. livestock: Cattle rally on fund buying, cheaper feed
Hogs mostly rose for the seventh straight session on strong cash hog prices, traders said
Chicago Mercantile Exchange (CME) cattle futures rallied on Friday, as funds continued to flock into the market and the cost of feed prices fell sharply, market analysts said.
EU leader proposes policy shift as farmers protest
Rules "create a risk for EU food security" agriculture commissioner says
The EU should change conditions imposed on farmers who wish benefit from Common Agriculture Policy (CAP) funding, European Agriculture Commissioner Janusz Wojciechowski said in an interview with French newspapers of the Ebra group.
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