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ice futures

Funds cover canola short positions

MarketsFarm — Fund traders covered some of their large net short position in canola during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in canola came in Tuesday at 66,293, a decrease of roughly 3,000 contracts […] Read more



CME october lean hogs

U.S. livestock: CME hogs limit down on demand concerns

Chicago | Reuters — CME lean hog futures fell sharply on Friday, with the most-active October contract notching a limit-down move as traders worried that seasonal growth in supplies will outstrip demand. Weakness in the cash market also spilled over into the futures, traders said. The demand concerns stemmed from uncertainty about potential purchases from […] Read more

chuck grassley

Ag-state senator says Trump EPA ‘screwed us’ with biofuel waivers

Washington | Reuters — Iowa’s Republican Senator Chuck Grassley said the Trump administration’s Environmental Protection Agency has “screwed” the U.S. ethanol industry and farmers by granting waivers to 31 small petroleum refineries, effectively exempting them from an obligation to use more ethanol in their products. The powerful senator, who represents the largest ethanol-producing state in […] Read more


China-U.S. trade spat could mean more financial aid needed by Canadian farmers

AgriStability discussions may need to move up the agenda

The ramping up of the U.S.-China trade war will put more pressure on the Canadian government to increase its financial assistance to farmers who are already suffering from the early stages of the superpower skirmish. China has announced it will stop buying U.S. agricultural products and it may impose additional tariffs on U.S. farm products […] Read more




U.S. grains: Corn futures break losing streak

Chicago | Reuters — U.S. corn futures steadied near a three-month low on Thursday as traders said the market was oversold following sharp declines stemming from a bearish U.S. Agriculture Department harvest forecast issued on Monday. Soybean futures traded higher overnight but turned lower after a weak export sales report. Soy futures settled near session […] Read more

CME october hogs

U.S. livestock: Hog futures sink to five-month low

Chicago | Reuters — Chicago Mercantile Exchange (CME) hog futures fell to a five-month low on Thursday, pressured by big supplies that overwhelmed any optimism about news that China made its biggest purchases of U.S. pork in seven weeks, traders said. The world’s largest pork consumer bought 10,211 tonnes of U.S. pork between Aug. 2-8 […] Read more


Argentina set for bumper wheat crop

Other wheat-growing regions are facing weather woes

Reuters – Argentine wheat farmers are preparing for a record harvest, even as global rivals see crop yield prospects cut amid floods in the United States, searing heat in Europe and drought in Australia and parts of Canada. The grain bounty in the world’s No. 6 wheat exporter will boost the South American country in […] Read more


CME august live cattle

U.S. livestock: Cattle futures mixed, hogs firm

Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures were mixed on Wednesday, with deferred months mostly higher on bargain buying after hitting multiyear lows on Tuesday. But nearby live cattle contracts continued to weaken. The front-month contract hit its lowest level since October 2016 on expectations that the shutdown of a major beef […] Read more