CBOT weekly outlook: USDA report sways soy, corn

CNS Canada — Thursday’s world agricultural supply and demand estimates (WASDE) report from the U.S. Department of Agriculture caused a stir in corn and soybean markets on the Chicago Board of Trade. “The Brazil and Argentine numbers (were) really not too terribly exciting. And the world numbers (were) basically kind of going exactly the opposite […] Read more

(USDA.gov via Flickr)

U.S. grains: Corn at seven-month high on smaller stockpiles

Chicago | Reuters — U.S. corn futures jumped 1.6 per cent to a seven-month high on Thursday after the U.S. Department of Agriculture showed smaller-than-expected stockpiles in the wake of increased exports and demand for ethanol, traders said. Corn prices on a continuous chart notched their biggest daily gains since December, dragging wheat futures higher. […] Read more


Tighter feeder cattle availability ahead

Tighter feeder cattle availability ahead

Market Update: Drought in southern Plains has moved more cattle to feedlots

In mid-February, Alberta packers were buying fed cattle in the range of $273 to $275 on a dressed basis while live prices were quoted from $163 to $165. Fed cattle prices have been relatively flat so far this year. However, feeder cattle prices dropped sharply in January and failed to recover. This is largely due […] Read more