(FIle photo by Allan Dawson)

U.S. grains: Corn lower as yield forecasts rise

Chicago | Reuters — U.S. corn futures fell on Friday on rising expectations of plentiful supplies from what should be a bumper Midwest harvest beginning later this month, analysts said. Soybean futures firmed, led by strength in soyoil, and wheat rose on technical buying ahead of a three-day U.S. holiday weekend. Markets will be closed […] Read more

Sell calves early or hold them until spring

Sell calves early or hold them until spring

Market Update: Big U.S. calf crop will hit the market in November and December

Alberta fed cattle prices were hovering in the range of $143 to $145 in mid-August. The market has been trending lower since the first week of May when the fed market reached up to $197. Despite the softer selling prices, feeding margins remain in positive territory. Break-even pen closeout values are near $135 for August; […] Read more









(Allan Dawson photo)

U.S. grains: Corn hits contract lows on supply pressure

Chicago | Reuters — Chicago Board of Trade corn futures fell to contract lows on Friday, pressured by technical selling and abundant global grain supplies ahead of another bumper U.S. harvest, traders and analysts said. Soybean futures also eased, declining from Thursday’s two-week high as investors took profits ahead of final data from the annual […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle snap back from nine-month low

Chicago | Reuters — Chicago Mercantile Exchange live cattle settled higher on Thursday after short-covering and bargain buying rescued futures from a nine-month low earlier in the session, said traders. Technical buying and positioning before the U.S. Department of Agriculture’s monthly Cattle on Feed report on Friday provided more market support. August, which will expire […] Read more