(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle hit two-week high on technical buying

Chicago | Reuters — U.S. live cattle futures climbed to a roughly two-week high on Friday, boosted by chart-based buying ahead of a government supply report that was released after the close, traders said. Chicago Mercantile Exchange live cattle extended steep gains from the previous session, with the two-day percentage rise of 4.9 per cent […] Read more

(Keith Weller photo courtesy ARS/USDA)

U.S. grains: Soybeans climb on technical buying

Chicago | Reuters — Chicago Board of Trade soybean futures rose on Friday on technical buying, bucking pressure from the harvest of a record-large U.S. soy crop and a strengthening dollar, analysts said. Corn also advanced while wheat fell, anchored by plentiful domestic and global stocks. At the CBOT, November soybeans settled up 7-1/2 cents […] Read more









(Dave Bedard photo)

ICE weekly outlook: Canola watching weather

CNS Canada — Snow, rain and cold temperatures over the past week helped canola futures trend higher, hitting their strongest levels in three months. With about a fifth of the crop facing harvest delays, more gains are possible, but the large U.S. soybean crop remains a bearish influence in the background. “Farmers continue to struggle […] Read more