U.S. livestock: CME hogs weaken on technical selling, demand uncertainty

U.S. livestock: CME hogs weaken on technical selling, demand uncertainty

Chicago | Reuters — Chicago Mercantile Exchange hog futures eased on Thursday on a round of technical follow-through selling after declining on Wednesday, traders said. Weakness in the cash market, as well as uncertainty about demand from China, also weighed on the hog market. CME February lean hogs closed Thursday at 59.825 cents/lb., down from […] Read more

(File photo)

Feed weekly outlook: Tight supplies, good demand support barley

Solid demand, both domestically and internationally, coupled with tightening world supplies is keeping barley bids well supported in Western Canada and should lead to increased acres this spring. “The price of feed barley is staying historically high,” said Brian Otto, chair of the Barley Council of Canada, noting feed barley at Lethbridge was currently trading […] Read more


CBOT March 2019 wheat with Bollinger (20,2) bands. (Barchart)

U.S. grains: Wheat retreats from five-week high

Chicago | Reuters — U.S. wheat and corn futures closed lower on profit-taking and a lack of market-moving news on Thursday while soybeans firmed, buoyed by concerns about the size of Brazil’s crop. Chicago Board of Trade (CBOT) March wheat settled down 4-1/2 cents at $5.21-1/2 per bushel (all figures US$). CBOT March corn ended […] Read more

U.S. livestock: CME cattle futures rise on bargain buying

U.S. livestock: CME cattle futures rise on bargain buying

Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Wednesday, led higher by a bargain buying bounce in the feeder cattle contracts. The feeder cattle market, which jumped 1.4 per cent on Wednesday, was sharply oversold after the front-month contract hit its lowest since May 24 on Tuesday, traders said. “The feeder market […] Read more









A still image taken from CCTV video shows Canadian Robert Lloyd Schellenberg on Jan. 14 in court, where on retrial for drug smuggling he was sentenced to the death penalty in Dalian in China’s Liaoning province. (Photo: CCTV/Reuters TV)

Canola trade on edge over China tensions

Canadian canola exports to China face some uncertainty as concerns mount that political tensions between the two countries could spill into trade. The back-and-forth tariff dispute between the U.S. and China, and resulting decline in Chinese purchases of U.S. soybeans, originally led to ideas that Canada would pick up some of the slack with increased […] Read more