Markets
Chicago Board of Trade soybean futures finished higher on short covering on Tuesday as the market extended a rebound from a four-year low reached last week.
Markets
U.S. grains: Soy futures extend recovery from four-year low hit last week
China plans decade-long drive to boost cereal grain consumption
China on Tuesday launched a decade-long plan to boost consumption of cereal grains and develop the industry through higher production standards, research and international cooperation as part of efforts to enhance food security.
Russian watchdog says winter wheat access to Chinese market a priority in 2025
Securing access for Russia's winter wheat and barley to the Chinese market remains a priority for the coming year, Russia's agricultural watchdog said on Tuesday, even though the market expects Russia's grain harvest and exports to fall.
Klassen: Feeder market finishes 2024 on strong tone
For the week ending December 21, Western Canadian backgrounded cattle and heavier calves were unchanged to $5 lower on average. Calves in the 600-800 pound range were relatively unchanged while calves under 600 pounds were steady to $10 higher.
U.S. livestock: Live cattle mixed, feeder cattle firm on technical trading
Chicago Mercantile Exchange (CME) live cattle futures were mixed on Monday, with nearby contracts turning lower as traders adjusted their positions after a neutral government supply report last week, market analysts said.
Canadian Financial Close: Loonie drops as holidays approach
The Canadian dollar fell to another multi-year low on Monday. The loonie closed at US$0.6947 or US$1=C$1.4395, compared to US$0.6961 or US$1=C$1.4365 on Friday. The United States Dollar Index gained 0.46 of a point at 108.08, approaching the high mark for 2024. Crude oil was steady to lower on Monday despite a stronger U.S. dollar. […] Read more
U.S. grains: Soybeans ease, grains rise, on choppy day of trading
Chicago Board of Trade soybean futures turned lower on a choppy, lower-volume session on Monday, as weakness in the energy market and mild weather forecasts for Brazil's oilseed crop weighed on prices, market analysts said.
North American Grain/Oilseed Review: Canola, CBOT grains mostly lower
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was mostly lower on Monday despite the strength of vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil all made gains. However, crude oil was lower, mainly due to a stronger United States dollar. The Canadian markets will be closed on Christmas and Boxing Day, […] Read more
Most organic commodity prices remain firm heading into the holidays
Organic grain prices held steady in December, as industry participants reflected on the past year and considered what a new administration in the United States could mean for the North American markets in 2025. “(Prices) are in a holding pattern until we know what’s going to happen with the U.S. situation,” commented Harro Wehrmann of […] Read more
ICE Midday: Canola lacking direction to start week
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was lower in the front contracts on Monday while comparable oils were mixed. Canola will be closed Christmas Day and Boxing Day. Chicago soyoil was steady, European rapeseed was steady to higher and Malaysian palm oil was sharply higher. However, crude oil was lower, mainly due […] Read more
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