Grain prices at the Chicago Board of Trade were on the weaker side for the week ended July 16 due to last week's USDA report and ongoing trade tensions.
Chicago Mercantile Exchange cattle futures continued to rally on Tuesday, with feeder contracts setting new all-time highs, as U.S. cash prices remained firm and domestic supplies of replacement animals continued to shrink, market analysts said.
Chicago Board of Trade soybean futures hit their highest level in more than a week on Thursday as technical buying helped the market recover from a three-month low reached on Monday, analysts said.
As the rest of July plays out, United States soybeans and corn will remain in a weather market, said Sean Lusk, vice-president of Walsh Commodity Hedging Services in Chicago.
Michael Coteau says he is excited to take on the role of Chair of the House of Commons Standing Committee on Agriculture and Agri-Food despite urban background.
Saskatchewan Premier Scott Moe is ready to turn the page and start working with Prime Minister Mark Carney on important shared issues for Saskatchewan and Canada, including agricultural issues, such as providing regulatory certainty in the renewable fuels market.