(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat rallies to seven-month high after USDA data

Chicago | Reuters — U.S. wheat futures gained two per cent to a seven-month high on Thursday after the U.S. Department of Agriculture increased its export forecast and showed smaller-than-expected global supplies in a monthly report. Chicago Board of Trade soybean futures fell and corn prices declined narrowly from an earlier seven-month peak in the […] Read more






Palmer amaranth. (United Soybean Board photo)

Minnesota probes Palmer amaranth’s sudden appearance

Chicago | Reuters — Minnesota has launched an investigation to find the source of seed mixes contaminated with weed seeds after the aggressive, herbicide-resistant Palmer amaranth weed was found on 30 areas planted in a federal conservation program. The weed grows very fast, reaching up to eight feet in height and can hold back commercial […] Read more

(USDA.gov via Flickr)

Klassen: Feeder cattle markets digest USDA inventory report

Western Canadian feeder cattle markets traded $5 higher to as much as $10 lower compared to week-ago levels. The U.S. Department of Agriculture’s Cattle on Feed report, along with U.S. inventory data, confirmed larger beef supplies in upcoming months, which set a negative sentiment amongst feedlot operators. Auction markets experienced variable price ranges on similar-weight […] Read more


(Gloria Solano-Aguilar photo courtesy ARS/USDA)

Hog market improving with solid exports

CNS Canada — Strong U.S. exports and declining cold-storage numbers have helped push hog prices on Canada’s Prairies to better levels than a few months back. According to the latest information compiled by Saskatchewan Agriculture, the U.S. exported 173,770 tonnes of pork in November 2016, up 13.5 per cent from 153,051 in October 2016, and […] Read more




(CMEGroup.com)

U.S. livestock: CME hogs tumble after again nearing six-month high

Chicago | Reuters — Chicago Mercantile Exchange lean hogs ended sharply lower on Thursday pressured by weaker initial cash prices and fund liquidation, but not before futures approached a six-month high for a second straight session, said traders. February hogs ended 1.675 cents/lb. lower at 65.85 cents (all figures US$). April closed 2.925 cents lower […] Read more