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CBOT December 2018 corn, with 20-day moving average in orange. (Barchart.com)
Crops, Markets, Reuters

U.S. grains: Corn slips to contract lows

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Chicago | Reuters — U.S. corn futures fell about one per cent on Monday, with nearby months hitting contract lows as the harvest of a bumper crop picked up speed in the Midwest and early yield reports were strong, traders said. Soybean futures also declined on harvest progress, along with disappointing U.S. soy crush data […] Read more
CME October 2018 live cattle, with 200-day moving average in purple. (Barchart.com)
Livestock, Markets, Reuters

U.S. livestock: Live cattle mixed on profit-taking

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Chicago | Reuters — U.S. live cattle futures settled narrowly mixed on Monday, with some contracts easing slightly after prices surged to six-month highs following strong sales in cash markets late on Friday, traders said. Front-month October live cattle jumped to a peak of 113.975 cents/lb., highest since March 14, before settling at 113.425 cents, […] Read more
(Deyana Robova photo/iStock/Getty Images)
Hogs, Livestock, Markets

Canadian hog prices on rebound

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CNS Canada — Improving trade relations and the emergence of swine fever in China have made their presence felt on the Canadian hog market. Weekly signature No. 5 base slaughter weight cash hog prices averaged $117.83 per 100 kg as of Friday, up by roughly $15 over the past two weeks. Those numbers are a […] Read more
(Dave Bedard photo)
Crops, Machinery, Markets, Reuters

ADM ramps up ethanol sales in Chicago, irking rivals

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New York/Chicago | Reuters — Archer Daniels Midland has sold unusually high volumes of ethanol into the Chicago market since late last year as export markets dried up, driving down prices in the U.S. Midwest and angering the company’s rivals, according to traders and regulatory data. The Illinois-based global commodities powerhouse, a major ethanol producer, […] Read more
(Allan Dawson file photo)
Crops, Markets, Reuters

U.S. grains: Corn tumbles after USDA boosts production forecast

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Chicago | Reuters — Chicago corn futures fell 3.6 per cent on Wednesday, for their biggest daily declines since April, after the U.S. Department of Agriculture raised its forecast for U.S. production more than analysts expected, traders said. Wheat futures also tumbled, tracking losses in corn and on pressure from USDA unexpectedly boosting Russia’s wheat […] Read more
A double rainbow over a Manitoba soybean field. (ImagineGolf/iStock/Getty Images)
Crops, Markets, Soybeans

Smaller Manitoba soybean crop expected

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CNS Canada — Like most crops grown this year, Manitoba’s soybean yields were also highly variable in 2018. While early reports point to smaller production overall, lower-than-average yields won’t translate to higher prices, given prospects for a large U.S. crop. Manitoba soybean yields are “anywhere from 20 to 50” bushels per acre, said Mark Jorgenson […] Read more

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