CME December 2023 lean hogs with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME lean hogs limit down on USDA report

Chicago cattle also end lower

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures tumbled by the daily trading limit on Friday under pressure from stronger-than-expected productivity in U.S. herds, analysts said. The U.S. Department of Agriculture, in a quarterly report issued after trading ended on Thursday, surprised analysts by reporting the average pigs saved per litter reached 11.61 […] Read more

File photo of barley being loaded off the combine. (Collab Media/iStock/Getty Images)

Feed weekly outlook: Barley bids near bottom post-harvest

Feed corn values narrowing against barley

MarketsFarm — After a better-than-expected harvest across the Canadian Prairies, feed grain prices on the region either have bottomed out or soon will, according to Evan Peterson of JGL Commodities in Saskatoon. “They’ve dropped significantly in the past three to four weeks as harvest pressure kicked off,” he said, citing feed barley going into feedlot […] Read more


CME December 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME lean hogs to face bigger-than-expected herd

CME cattle futures turn higher

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose to a one-week high on Thursday but face pressure from a U.S. government report that showed a larger-than-expected domestic herd, analysts said. The U.S. Department of Agriculture, in a quarterly report issued after trading ended, said the inventory of all hogs and pigs on […] Read more

CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn hits one-month high ahead of USDA data

Chicago soy falls on energy drop; wheat ticks down

Reuters –– Chicago corn futures hit a one-month high on Thursday as speculators covered short positions while falling energy prices undercut a rally in oilseeds, traders and analysts said. The markets are waiting for the U.S. Department of Agriculture to issue quarterly grain stocks data on Friday. The most-active corn contract on the Chicago Board […] Read more


CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn, soyoil boosted by rising energy prices

Wheat down on reports of low-priced Egyptian import tender

Reuters — Chicago corn futures rose on Wednesday, rebounding from losses a day earlier, as ethanol feedstock enjoyed a boost from a rise in energy prices that also lifted soyoil futures, analysts said. Wheat futures fell at the Chicago Board of Trade, and K.C. hard red winter wheat futures hit a two-year low. The most-active […] Read more

CME November 2023 feeder cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME feeder cattle slump to lowest in over a month

December live cattle down, hogs up

Chicago | Reuters — Feeder cattle futures slid to their lowest level in more than a month at the Chicago Mercantile Exchange on Wednesday, while live cattle futures neared a two-week low. Fund liquidation and technical selling pushed down prices, brokers said. Some market participants booked profits before the end of the month and quarter, […] Read more


On the morning of Dec. 30, the nearby January canola contract apparently hit a new all-time high.  Photo: File

Tightening canola stocks projected, AAFC says

Wheat, barley, oat, pea stocks also projected lower

MarketsFarm –– Canadian canola carryout supplies for the current marketing year will likely end up tighter than earlier expectations, according to updated supply/demand balance sheets from Agriculture and Agri-Food Canada (AAFC) that account for recent production and stocks data from Statistics Canada. Canola ending stocks for 2023-24 are now forecast to tighten to only one […] Read more

Lentils. (Seb_ra/iStock/Getty Images)

Pulse weekly outlook: India dispute leaves lentils’ future uncertain

India was Canada's top customer in 2022-23

MarketsFarm — As tensions between Canada and India remain very high, the future direction for Canadian lentils continued to be uncertain. “Your guess is as good as mine,” Marcos Mosnaim of Export Packers said as to what could happen, adding “Canada has to be careful. I don’t know what India will do.” Prime Minister Justin […] Read more


CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans higher, corn lower, wheat flat amid positioning

Traders eye potential U.S. government shutdown

Reuters — Chicago soybean futures ticked higher on Tuesday while wheat futures settled flat and corn futures fell as traders adjusted positions ahead of U.S. government stocks data due later this week, analysts said. Worries about a possible U.S. government shutdown hung over the markets. Chicago Board of Trade (CBOT) November soybean futures rose five […] Read more

CME October 2023 feeder cattle with 20- and 50-day moving averages and most-active November 2023 feeder cattle (black line). (Barchart)

U.S. livestock: CME feeder cattle dip to three-week low

Live cattle also drop, hogs mixed ahead of USDA report

Chicago | Reuters — Chart-based and fund selling dragged Chicago Mercantile Exchange live cattle futures to their lowest level in more than a week on Tuesday while feeder cattle hit a three-week low, traders said. Most-active lean hog futures also came under pressure. Steep losses on Wall Street set a negative tone for cattle futures, […] Read more