(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat, corn rise to multi-month highs

Chicago | Reuters — U.S. wheat and corn futures extended gains to set multi-month highs on Friday on follow-through buying after the U.S. Department of Agriculture slashed domestic stockpile estimates in a monthly report on Thursday. Soybeans also were higher as investors defended their net long position despite expectations for a record-large harvest in top




(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hogs extend gains on packer demand

Chicago | Reuters — U.S. lean hog futures extended gains to a fresh seven-month high on Thursday, lifted by strong pork packer demand, while cattle futures also climbed in a short-covering rebound from Wednesday’s multiweek lows, traders and analysts said. Traders continued to bull-spread Chicago Mercantile Exchange lean hogs, with the front-month February contract hitting


(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Hogs jump on pork gains

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures surged three per cent to a seven-month high on Tuesday as rising pork and cash hog prices triggered investment fund and chart-based futures buying, traders and analysts said. CME live and feeder cattle futures fell to multi-week lows, pressured by ample cattle supplies. The U.S.







(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle gain on bargain-buying

Chicago | Reuters — Chicago Mercantile Exchange live and feeder cattle futures gained about one per cent on Monday, rebounding from earlier losses on support from a round of bargain buying, traders and analysts said. Feeders fell to a 3-1/2-week low before reversing higher, while live cattle tested Friday’s multiweek low and then turned higher