ICE July 2019 canola (candlestick chart) compared to CBOT July 2019 corn (line). (Barchart)

ICE weekly outlook: All eyes on King Corn

MarketsFarm — ICE Futures canola contracts trended lower over the past two weeks and could have some more room to the downside before eventually returning higher with summer weather markets and expected strength in Chicago corn futures. The November canola contract settled at $450.40 per tonne on Wednesday. The contract could have another $5-$10 to […] Read more

CBOT September 2019 soybeans (candlesticks) compared to September corn (line). (Barchart)

CBOT weekly outlook: USDA report leaves trade unsteady

MarketsFarm — Chicago Board of Trade markets were volatile following Friday’s U.S. Department of Agriculture’s acreage report, which saw more corn acres and fewer soybeans than expected. “We had a sharp break, but now we’re starting to recover a bit,” said Steve Georgy, president of Allendale Inc. in Illinois. USDA’s next world agriculture supply and […] Read more



CME August 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME lean hogs end down, live cattle up

Chicago | Reuters –– Chicago Mercantile Exchange (CME) lean hog futures closed lower on Wednesday on technical selling including profit-taking and long liquidation ahead of the U.S. Independence Day holiday, along with bearish supply fundamentals, traders said. CME’s benchmark August lean hogs contract ended down 0.6 cent at 78.375 cents/lb., turning lower after rising to […] Read more





CME August 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Lean hogs up on trade hopes, falling corn prices

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rose on Monday on a mix of technical buying, falling corn prices and muted optimism about the weekend resumption of U.S.-China trade negotiations, traders said. “Lean hog futures (received) support from hopes of more Chinese buying after weekend talks went well,” INTL FCStone chief […] Read more



A rapeseed field in southern China’s Yunnan province. (YuenWu/iStock/Getty Images)

Trudeau, China’s Xi had ‘positive’ discussions as dispute rages

Ottawa | Reuters — Canadian Prime Minister Justin Trudeau and Chinese President Xi Jinping had “positive, constructive interactions” on the sidelines of the G20 summit on Friday as a dispute between the two countries rages, Trudeau’s office said. Trudeau spoke “more than once” to Xi during a meeting of the Group of 20 leading economies […] Read more

A building housing offices of the Asia Infrastructure Investment Bank in Beijing. (AIIB.org)

Federal Tories critique lack of action on China

MarketsFarm — Federal Opposition House Leader Candice Bergen has publicly ripped the federal government’s lack of action to deal with rising barriers against Canada’s substantial ag exports to China. China halted imports of Canadian meat effective Tuesday, the latest on the list of Canadian products China has blacklisted since the December arrest of Huawei executive […] Read more