CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle ease with equities

Chicago lean hogs rise

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures weakened with equities on Tuesday, while hog futures advanced. Moves in the cattle market have nearly mirrored those in equities since last week, traders said, with the global spread of the new coronavirus fueling sharp moves. All three major U.S. stock market indexes dropped more […] Read more

CBOT May 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy, wheat, corn up on economic stimulus hopes

Recovery continues off COVID-19-related pressure

Chicago | Reuters — U.S. grain and soybean futures rose on Tuesday on technical buying and expectations for a co-ordinated global effort to offset the economic impact of the coronavirus outbreak. The U.S. Federal Reserve cut interest rates in an emergency move designed to shield the world’s largest economy from the COVID-19 virus, whose global […] Read more


CBOT May 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybean futures touch five-week high

Corn rises as markets rebound

Chicago | Reuters — U.S. soybean futures set a five-week high and corn futures advanced on Monday as markets rebounded from selling last week that was fueled by concerns over the fast-spreading coronavirus outbreak. Equity markets around the world rose on speculation that central banks will cut interest rates to soften the economic blow of […] Read more

CME April 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle rise in recovery from contract lows

Hogs close mixed as China uncertainty looms

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Monday recovered from contract lows reached last week as concerns temporarily eased about the economic impact from the global coronavirus outbreak. Equity markets also rose on speculation that central banks will cut interest rates to soften the economic blow of the epidemic. “The market […] Read more


CME April 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle dive as coronavirus slams global markets

Technical buying limits hogs' losses

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures extended a steep sell-off on Friday on growing worries that the spread of coronavirus would dent global economic growth and could tip the world economy into recession. Global stocks and oil prices fell sharply as traders fretted over the economic toll of the virus that […] Read more




'Purchasing loyalties is a common political manoeuvre and not really one worth noting, save for the principle behind it and its relevance to what’s going on in Canadian agriculture.' – Toban Dyck

Toban Dyck: Can loyalty be bought?

Loyalty is trumping common sense in today’s trade environment

U.S. President Donald Trump’s new trade deal with China is an attempt to buy loyalty and in Canada, it’s dividing consumers and farmers. Trump recently signed a trade deal with Beijing, exciting farmers and hopefully breathing new life into a sleepy marketplace. The hope that farmers cling to — myself included — is that someone […] Read more


Federal Agriculture Minister Marie-Claude Bibeau speaks to media in Winnipeg on Feb. 13, 2020. (Dave Bedard photo)

Coronavirus stalls talks with China on canola ban

Officials 'not in position to pursue technical discussions,' Bibeau says

Ottawa | Reuters — The coronavirus outbreak has stalled talks between Canada and China about Beijing’s decision to block Canadian canola seed shipments, Agriculture Minister Marie-Claude Bibeau said Friday. China, angry at Canada’s detention of a top Huawei Technologies executive in December 2018, blocked all imports of canola seed last March on the grounds they […] Read more

CBOT March 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy, wheat, corn close lower after early gains

Traders focus on signs of tepid demand from China

Chicago | Reuters — U.S. soybean, corn and wheat futures fell on Friday, with all three commodities facing pressure after rising early in the session. Soybean futures hit their highest in more than three weeks after the U.S. Agriculture Department at its annual Outlook Forum projected domestic soybean ending stocks for the 2020-21 marketing year […] Read more