USDA Archives - Page 152 of 199

ICE weekly outlook: Canola chops around waiting for New Year

By GFM Network News December 21, 2016

CNS Canada –– ICE Futures Canada canola contracts chopped around major support during the week ended Wednesday, as steady demand was countered by large supplies of oilseeds. Most traders rolled out of the January contract and into March, a move evidenced by the massive volumes on Monday and Tuesday. “People holding contracts may get nervous; […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soy, corn watch South American weather

By GFM Network News December 14, 2016

CNS Canada — Soybean futures at the Chicago Board of Trade moved lower during the week ended Wednesday, while corn held steady, with South American weather conditions expected to provide much of the direction going forward. “We’re pretty much trading one weather report at a time,” said Sean Lusk, director of commercial hedging with Walsh […] Read more

Livestock, Markets, Reuters

U.S. livestock: Fund buying drives CME live cattle higher

By GFM Network News December 14, 2016

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday gained for a second day in a row on fund buying and higher wholesale beef prices, traders said. December live cattle closed up 0.775 cent/lb. to 111.125 cents (all figures US$). February ended 1.025 cents higher at 113.975 cents. “Most certainly fuelled by […] Read more

Crops, Markets, Reuters

U.S. grains: Soy, corn jump on Argentine dryness

By Michael Hirtzer, GFM Network News December 9, 2016

Chicago | Reuters — U.S. soybean and corn futures rose one per cent on Friday, buoyed by technical buying and concerns over dry growing conditions in Argentina in the wake of U.S. Department of Agriculture crop data at midday that was deemed neutral, traders said. Wheat futures also rallied at the Chicago Board of Trade, […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans down on profit-taking before USDA data

By Michael Hirtzer, GFM Network News December 8, 2016

Chicago | Reuters — U.S. soybean futures dropped two per cent on Thursday, the steepest decline in 2-1/2 months, on profit-taking tied to lower veg oil prices and extended weather outlooks for rainfall in Argentina, traders and analysts said. U.S. President-elect Donald Trump’s nomination of Oklahoma Attorney General Scott Pruitt to run the nation’s Environmental […] Read more

Livestock, Markets, Reuters

U.S. livestock: Higher cash, pork prices extend hogs’ rally

By GFM Network News December 7, 2016

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained for a third straight day on Wednesday, led by upward-trending cash and wholesale pork prices, said traders. December hogs closed up 1.325 cents/lb. at 54.7 cents (all figures US$). Most actively traded February ended 2.275 cents/lb. higher at 59.75 cents. Packers are content to […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soy waits on Argentine weather, inspections

By GFM Network News December 7, 2016

CNS Canada — Soybean futures on the Chicago Board of Trade hung mostly rangebound during the week ended Wednesday. Attention now shifts to the crop in South America. “People will be watching the Argentine weather situation to see if it has any changes in the second-week forecast of 11 to 15 days,” said Terry Reilly, […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat, corn sag on ample supplies

By GFM Network News December 7, 2016

Chicago | Reuters — U.S. wheat and corn futures fell on Wednesday, pressured by plentiful world feedgrain supplies and profit-taking following light rallies a day earlier, traders said. Soybean futures ended modestly higher after a choppy session, supported by fresh export demand for U.S. soy and worries about South American crop weather. Chicago Board of […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat falls on Southern Hemisphere harvest

By GFM Network News December 1, 2016

Chicago | Reuters — U.S. wheat futures fell on Thursday for a sixth straight session, pressured by the expanding harvest of crops in the Southern Hemisphere that should add to plentiful global grain stockpiles, analysts said. Corn futures fell on disappointing weekly U.S. export data and soybeans posted modest declines. The most-active March wheat contract […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder cattle prices climbing

By Jerry Klassen, GFM Network News November 29, 2016

Western Canadian feeder cattle markets were trading $5-$7 above week-ago levels, with higher-quality cattle trading as much as $10 higher. It’s difficult to quarrel with one’s bread and butter; feedlot margins are now in positive territory and cattle feeders are keen on ownership with the positive outlook into the March timeframe. Feature presort calf sales […] Read more

GFM Network News

Trump mulls ending some trade ties with China, including in relation to cooking oil

Pulse Weekly: Yields coming into focus

U.S. livestock: Cattle at fresh highs, hogs weaken

Tag Archives USDA

ICE weekly outlook: Canola chops around waiting for New Year

CBOT weekly outlook: Soy, corn watch South American weather

U.S. livestock: Fund buying drives CME live cattle higher

U.S. grains: Soy, corn jump on Argentine dryness

U.S. grains: Soybeans down on profit-taking before USDA data

U.S. livestock: Higher cash, pork prices extend hogs’ rally

CBOT weekly outlook: Soy waits on Argentine weather, inspections

U.S. grains: Wheat, corn sag on ample supplies

U.S. grains: Wheat falls on Southern Hemisphere harvest

Klassen: Feeder cattle prices climbing

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