Chicago Mercantile Exchange (CME) live and feeder cattle futures fell on Thursday on a decline in boxed beef prices, which have slumped leading up to the U.S. Labor Day holiday, analysts said.
Daily news
U.S. livestock: Live cattle futures fall on weaker boxed beef prices
Saskatchewan Crop Report: Harvest marches on despite rains, hail
Severe storms brought strong winds, heavy rains, and, in some places, golf ball-sized hail over parts of Saskatchewan. Nevertheless, the province’s harvest continued to progress during the week ended Aug. 26, according to the agriculture department’s weekly crop report.
Pressure on farm income could push input prices down says FCC economist
Next year's farm input market will depend on the level of pressure on farm income, but early signs suggest input prices could come down according to recent analysis from Farm Credit Canada.
Feed Grains Weekly: Rail disruptions push up Alberta prices
Feed prices in Alberta climbed 20 cents per bushel the week ended Aug. 29, likely according to last week's rail disruption, according to Susanne Leclerc of Market Master Ltd. in Edmonton.
Canola crush up in July, soybeans down
Statistics Canada released its crush report on Aug. 29, showing an increase in the amount of canola that was processed last month compared to the previous July. As for soybeans, its crush was significantly lower.
Explainer: China’s probes on EU products following EV tariffs
China has opened an anti-subsidy probe into imported dairy products from the European Union, stepping up tension with the bloc a day after Brussels released its revised draft decision related to tariffs on China-made electric vehicles.
U.S. livestock: Live cattle futures fall on consumer demand questions
Chicago Mercantile Exchange (CME) live cattle futures fell on Wednesday as boxed beef cutout values turned lower ahead of the U.S. Labor Day holiday on September 2, when many Americans light up their grills, traders said.
ICE Weekly: StatCan report puts a stop to canola’s rally
Canola prices at the Intercontinental Exchange (ICE) were on the rise for most of the week ended Aug. 28, until the release of Statistics Canada’s (StatCan) production estimates for the 2024-25 crop year on Aug. 28.
CBOT Weekly: Wheat set to increase, as soybeans, corn to recede
While the general direction for soybeans and corn on the Chicago Board of Trade is to continue moving lower, United States wheat was on the rise and is to remain so in the coming weeks, according to a trader.
U.S. grains: Soybeans and corn ease on rain forecasts
Chicago soybean and corn futures stumbled on Wednesday as traders assessed whether beneficial rain and forecasts for milder weather will aid the country's corn and soy crops during their final growing stages, analysts said.
Cyber-Savvy Farmer
