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U.S. livestock: Hog futures mixed, cattle futures firm
Livestock, Markets, Reuters

U.S. livestock: Hog futures mixed, cattle futures firm

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures were mixed on Monday, with the front-month contract firming slightly after two straight days of declines while deferreds continued to ease. Traders said that fresh pork exports to China were required to ease the burdensome supplies and boost hog futures higher. “Even though we […] Read more
International Trade Minister Jim Carr (at podium) and Agriculture Minister Marie-Claude Bibeau announce plans for a technical delegation and stakeholder working group to address China’s import bans on Canadian canola. (AAFC video screengrab via Facebook Live)
Canola, Crops, Markets

Canada to set up working group for China canola push

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Canola industry stakeholders and provincial officials are to join federal officials in a co-ordinated push to resolve China’s issues with Canadian canola, cabinet ministers said Monday. Speaking Monday in Ottawa, Canada’s Agriculture Minister Marie-Claude Bibeau and International Trade Diversification Minister Jim Carr said they’ve set up a new working group including representatives from the Canola […] Read more
Harvest weather so far this fall may cost barley end-users seeking malting-grade product this year, the CMBTC warns. (Dave Bedard photo)
Barley, Crops, Markets

Malt barley acreage predicted to increase

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MarketsFarm — Industry experts expect malt barley acreage in Western Canada to increase by about five per cent this year, supported by strong prices for both feed and malt. “All indications suggest we’ll see an increase in malt barley, as well as feed,” confirmed Peter Watts of the Canadian Malting Barley Technical Centre. In light […] Read more
CBOT May 2019 corn futures with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn bounces from sharp sell-off

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Chicago | Reuters — U.S. corn, soybean and wheat futures rose on Monday, rebounding from Friday’s sell-off spurred by a government report that showed massive supplies of all three commodities remained in storage bins around the country. Corn notched the biggest gain, with the most active Chicago Board of Trade contract rallying 1.8 per cent […] Read more
Severe flooding in the U.S. Midwest may weigh on plantable acreage this spring for producers such as Justin Mensik, a corn and soybean grower shown here March 22, 2019 at his farm at Morse Bluff, Neb., about 70 km west of Omaha. (Photo: Reuters/Humeyra Pamuk)
Crops, Markets, Reuters, Weather

U.S. corn, soy stocks top forecasts

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Chicago | Reuters –– Massive supplies of both U.S. corn and soybeans remained in storage bins around the country ahead of spring planting, U.S. Agriculture Department (USDA) data released on Friday showed. USDA also said that farmers planned to boost their corn plantings by 4.1 per cent but severe flooding in the U.S. Midwest may […] Read more
U.S. livestock: Lean hogs limit down as export sales disappoint
Livestock, Markets, Reuters

U.S. livestock: Lean hogs limit down as export sales disappoint

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures plunged more than three per cent on Thursday as disappointing export sales data triggered profit-taking following the market’s recent run to the highest in more than eight months, traders said. Contracts from May to December closed down the daily three-cent limit, including actively traded […] Read more

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