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U.S. livestock: Cattle rise, lean hogs mixed

Chicago lean hog futures ended Tuesday mixed while cattle made gains. Most-active February lean hog contracts closed down 0.475 cents at 85.675 cents a pound. April futures gained 0.075 cents to settle at 91.575 cents per pound. The USDA reported pork carcass cutout value at $91.25 per cwt on Tuesday afternoon, down $2.59. Most-traded February […] Read more



Canadian Financial Close: Loonie slips

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar gave up about a tenth of a cent on Tuesday but held off the worst of the pressure from a stronger United States dollar and weaker crude oil. The loonie closed at US$0.7252 or US$1=C$1.3789 compared to Monday’s close of US$0.7263 or US$1=C$1.3768. On […] Read more



North American grain/oilseed review: Canola holds onto small gains in most months

Glacier FarmMedia — The ICE Futures canola market was mostly higher at Tuesday’s close, as speculative short covering and end-user bargain hunting provided support. However, a downturn in the Chicago soy complex tempered the upside. March canola settled right at its 20-day moving average, after climbing well above that level in early trade. Fund traders […] Read more



ICE canola rally continuing Tuesday

By Phil Franz-Warkentin, MarketsFarm      WINNIPEG, Jan. 6 (MarketsFarm) — ICE Futures canola contracts were higher at midday Tuesday, seeing follow-through strength after Monday’s rally. March canola moved above its 20-day moving average, encouraging additional speculative buying. Fund traders were holding their largest net short position in canola of the past year at 91,500 contracts […] Read more