Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: Chicago corn, soy prices recover on updated biofuel guidance

Chicago | Reuters – Chicago grain and soybean futures regained ground on Tuesday as a selloff in commodity markets subsided and after the U.S. Treasury Department released updated guidance on biofuel tax credits, analysts said. The most-active soybean contract on the Chicago Board of Trade Sv1 settled 5-1/2 cents higher at $10.65-3/4 a bushel, recovering […] Read more









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Klassen: Feeder Cattle Market Waits For Direction

For the week ending January 31, Western Canadian feeder markets were relatively unchanged from seven days earlier. Adverse weather in southern Alberta may have tempered buying interest for lighter weight calves.  Alberta packers were buying fed cattle on a dressed basis in the range of $508-$510 per hundredweight delivered, steady to $2/cwt higher than last […] Read more