(Photo courtesy Canada Beef Inc.)

U.S. livestock: June live cattle limit down in technical selloff

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures tumbled two per cent or more on Monday, with the front-month June contract falling by its three-cents per pound daily limit in a technical selloff, traders said. Sufficient cattle supplies and weaker trades last week in U.S. Plains cash steer markets also weighed on futures. […] Read more



(Thinkstock photo)

U.S. wheat stocks bigger than expected, trade watching weather

CNS Canada — A larger-than-expected wheat ending stocks forecast from the U.S. Department of Agriculture weighed on the country’s wheat futures Thursday, with attention now squarely on weather conditions. The government agency pegged wheat carryout for the upcoming 2018-19 marketing year at 955 million bushels, about 30 million above average trade guesses. Total wheat production […] Read more