exports Archives - Page 145 of 176

CME February 2021 live cattle (candlesticks) with 20- and 50-day moving averages and January 2021 feeder cattle (black line). (Barchart)

U.S. livestock: Cattle futures step back on demand uncertainty

February lean hog futures lower

By Christopher Walljasper, GFM Network News December 3, 2020

Chicago | Reuters — Live cattle futures trimmed on Thursday as fears of additional pandemic closures weighed on the demand outlook, traders said. Chicago Mercantile Exchange February live cattle futures fell 1.35 cents to 112.575 cents/lb., the contract’s biggest decline in two weeks (all figures US$). CME January feeder cattle ended two cents lower at […] Read more

ICE January 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Two reports likely to increase canola values

By GFM Network News December 2, 2020

MarketsFarm — Although canola has seen some backpedalling this week, the markets should get two good shots in the arm from a pair of reports, according to Wayne Palmer, analyst with Exceed Grains in Winnipeg. The first will very likely come from the principal field crops report , to be released Thursday by Statistics Canada. […] Read more

CBOT January 2021 soybeans with Bollinger (20,2) bands. (Barchart)

Crops, Markets, Soybeans

CBOT weekly outlook: Soy trade watching weather, export demand

By GFM Network News December 2, 2020

MarketsFarm — Soybean contracts on the Chicago Board of Trade tested contract highs around US$12 per bushel in overnight trade earlier in the week, but couldn’t maintain those levels due to a lack of support. A technical selloff put pressure on prices on Wednesday, with the nearby January contract closing down by nine cents at […] Read more

Prime Minister Justin Trudeau attends a news conference on COVID-19 response on Nov. 6, 2020 in Ottawa. (File photo: Reuters/Patrick Doyle)

General, Markets, Reuters

U.S. border restrictions to last a long time yet, Trudeau says

COVID would need to be 'significantly more under control'

By GFM Network News December 1, 2020

Ottawa | Reuters — Canada will not agree to lifting a ban on non-essential travel with the United States until the coronavirus outbreak is significantly under control around the world, Prime Minister Justin Trudeau said on Tuesday. Trudeau’s comments were a clear indication that the border restrictions will last well into 2021. The two neighbours […] Read more

Crops, Markets, Pulses

Pulse weekly outlook: Canada’s exports solid through first quarter

By MarketsFarm Team, GFM Network News December 1, 2020

MarketsFarm — Canadian pulse exports were leaving at the country at a solid pace through the first three months of the 2020-21 marketing year, according to the latest Canadian Grain Commission (CGC) monthly data. Canada exported 343,000 tonnes of peas in October, taking the 2020-21 year-to-date total to 1.136 million tonnes. That’s up by about […] Read more

CME February 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Lean hog futures gain on strong pork demand

Weak beef exports drag on live cattle futures

By Christopher Walljasper, GFM Network News December 1, 2020

Chicago | Reuters — Lean hog futures gained on Monday as demand for pork keeps pace with strong production, traders said. Chicago Mercantile Exchange’s benchmark February lean hog futures contract settled 1.325 cents higher at 68.575 cents/lb. (all figures US$). “Demand must be good,” said Alan Brugler, president of Brugler Marketing. “Cold storage stocks continue […] Read more

CBOT January 2021 soybeans with 20- and 50-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans firm as South American crops struggle

Corn, wheat futures also higher

By Christopher Walljasper, GFM Network News November 27, 2020

Chicago | Reuters — Chicago soybean futures ended higher on Friday as continued dryness in South America threatened to stress the crop in Brazil and Argentina, while strong export demand strengthened corn and wheat. Chicago Board of Trade’s most-active soybean futures added 7-3/4 cents to $11.91-3/4 a bushel, ending the week up 10-3/4 cents for […] Read more

CME February 2021 live cattle with Bollinger (20,2) bands. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Live cattle futures trim as traders weigh weak exports

Lean hogs down with pork export figures

By Christopher Walljasper, GFM Network News November 27, 2020

Chicago | Reuters — Live cattle futures fell on Friday on profit-taking during a shortened holiday-trading day, while less-than-stellar weekly beef exports added pressure to livestock futures overall, traders said. Chicago Mercantile Exchange February live cattle futures fell for the first time in the past five trading sessions, ending the day down 0.925 cent at […] Read more

Barley, Crops, Markets

Feed weekly outlook: Export demand supports grain prices

By GFM Network News November 20, 2020

MarketsFarm — There continues to be a very strong demand for feed grains with large amounts headed for export, according to Saskatoon-based trader Evan Peterson of JGL Commodities. “It’s driven the prices up and made a massive competition between feed for Alberta versus shipping it overseas,” Peterson said, noting China has been the main driver […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans slip off peak, end mostly firm

Corn, wheat dip; strong demand, tight supply limit losses

By GFM Network News November 20, 2020

Chicago | Reuters — U.S. soybean futures ended mostly firmer on Thursday as late-session buying amid worries over tightening supplies offset earlier profit-taking and technical selling that had dragged prices down from four-year peaks. Corn and wheat retreated after prior-day increases as investors pocketed some gains. Chicago Board of Trade (CBOT) January soybean futures ended […] Read more

Media reports suggest U.S. dairy access to Canada a topic of conversation in Ottawa

U.S. livestock: Cattle choppy amid weak cash market, tight supply

China’s canola, soybeans imports to drop one million tonnes each

GFM Network News