Cattle futures at the Chicago Mercantile Exchange continued to rise Tuesday. Most active February live cattle futures ended up 0.375 cents per pound at 195.575 cents a pound. Values hit fresh highs in many months, although ideas the market was looking overbought tempered the advances.
U.S. Livestock: Cattle futures running into resistance at highs
U.S. Livestock: Falling temps boost cattle futures
Live cattle futures on the Chicago Mercantile Exchange were stronger Monday, hitting fresh contract highs in many months as forecasts calling for cold temperatures across United States ranching areas raised concerns over reduced weight gains for grazing cattle.
Top agriculture market-moving news stories of 2024
Grain and oilseed markets had their ups and downs in 2024, with wars, labour unrest, trade disputes and politics often providing more direction than the traditional supply/demand fundamentals.
ICE canola weekly outlook: U.S. biofuel uncertainty weighs
The ICE Futures canola market fell sharply lower during the week ended Dec. 18, as bearish technical signals and losses in the Chicago soy complex weighed on values.
Prairie spring wheat bids rise as loonie falls
Hard red spring wheat bids in Western Canada moved higher during the week ended Dec. 12, as gains in the United States futures and weakness in the Canadian dollar provided support.
Feed grain update: Barley still trending higher
Feed barley prices in Western Canada remain on a steady uptrend, improving by C$30 to C$40 per tonne off their harvest lows hit in late August.
Canadian honey production down in 2024
Canadian honey production was down by 18 per cent in 2024 despite an increase in the number of beekeepers and colonies.
Saskatchewan Pulse Growers invest in weed research
The Saskatchewan Pulse Growers have announced plans to invest $3.67 million in five new weed science research projects.
USDA cuts corn ending stocks estimate, soybeans unchanged
Corn ending stocks in the United States will be tighter than earlier projections due to increased exports and demand from ethanol producers, according to updated supply/demand estimates from the U.S. Department of Agriculture released Dec. 10. The projected wheat carryout was also revised lower, while soybean stocks were unchanged.
India top destination for Canadian peas/lentils through October
India was the top customer for Canadian peas and lentils through the first three months of the 2024/25 marketing year, with total exports of both pulse crops running well ahead of the year ago pace.
Cyber-Savvy Farmer
