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(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle climb on technical buying, demand optimism

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained about one per cent on Tuesday, lifted by technical buying and optimism for the continued robust demand for cattle and beef, traders and analysts said. Cattle futures shrugged off three straight sessions of declines to rise to the highest levels in about a week. […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy climbs on hopes for China buying

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Chicago | Reuters — U.S. soybean futures closed higher on Tuesday as traders anticipated potential Chinese purchases of U.S. agricultural products, and shrugged off a bearish monthly global soy inventories report from the U.S. Department of Agriculture. Corn firmed, led by soybeans, but wheat futures fell after USDA raised its forecasts of U.S. and global […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

USDA keeps domestic soy stocks view steady

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Chicago | Reuters — The U.S. Agriculture Department on Tuesday left its estimate for domestic soybean supplies unchanged but boosted its outlook for world stocks amid rising expectations for the South American crop. U.S. soybean ending stocks for the 2018-19 marketing year were pegged at 955 million bushels, the government said in its monthly supply […] Read more
Both Canada and U.S. calf crop numbers are estimated higher from last year.
Cattleman’s Corner, Finishers, Markets

Calf production numbers increase forecast

Market Update: Producers need to be ready with risk management plans

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Alberta fed cattle prices have come under pressure over the past month. Alberta packers were buying fed cattle in the range of $147 to $149 during the second week of November, down $4 to $6 from a month earlier. Weakness in the fed cattle market has spilled over into the feeder complex. Western Canadian yearling […] Read more
(AleksandarGeorgiev/E+/Getty Images)
General, Reuters, Weather

U.S. government report says climate change will batter economy

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Reuters — Climate change will cost the U.S. economy hundreds of billions of dollars by the end of the century, hitting everything from health to infrastructure, according to a government report issued on Friday that the White House called inaccurate. The congressionally mandated report, written with the help of more than a dozen U.S. government […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Bargain buying boosts soy futures

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Chicago | Reuters — U.S. soybean futures rose on Tuesday, bouncing back from a sharp decline in a round of bargain buying after prices sank in the previous session to their lowest since Nov. 8, traders said. Wheat futures were mixed with short-covering boosting the most-active soft red winter wheat contracts after prices traded near […] Read more

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