For the week ending December 21, Western Canadian backgrounded cattle and heavier calves were unchanged to $5 lower on average. Calves in the 600-800 pound range were relatively unchanged while calves under 600 pounds were steady to $10 higher.
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Klassen: Feeder market finishes 2024 on strong tone
U.S. livestock: Live cattle mixed, feeder cattle firm on technical trading
Chicago Mercantile Exchange (CME) live cattle futures were mixed on Monday, with nearby contracts turning lower as traders adjusted their positions after a neutral government supply report last week, market analysts said.
U.S. grains: Soybeans ease, grains rise, on choppy day of trading
Chicago Board of Trade soybean futures turned lower on a choppy, lower-volume session on Monday, as weakness in the energy market and mild weather forecasts for Brazil's oilseed crop weighed on prices, market analysts said.
Canadian milk tests negative for bird flu
Canadian milk continues to test negative for avian influenza, the Canadian Food Inspection Agency said.
Most organic commodity prices remain firm heading into the holidays
Organic grain prices held steady in December, as industry participants reflected on the past year and considered what a new administration in the United States could mean for the North American markets in 2025. “(Prices) are in a holding pattern until we know what’s going to happen with the U.S. situation,” commented Harro Wehrmann of
Louis Dreyfus to buy BASF’s food and health performance ingredients business
Commodity group Louis Dreyfus Company (LDC) said on Monday it had signed a binding agreement to buy German chemicals maker BASF's Food and Health Performance Ingredients business as part of its diversification push.
US wins Mexico GM corn dispute case as panel finds curbs not science-based
A trade-dispute panel ruled on Friday that Mexico's restrictions on U.S. genetically modified corn exports violate the U.S.-Mexico-Canada Agreement, handing the Biden administration a major trade victory in its final weeks.
Trump suggests U.S. should retake control of Panama Canal
President-elect Donald Trump threatened to reassert U.S. control over the Panama Canal on Sunday, accusing Panama of charging excessive rates to use the Central American passage and drawing a sharp rebuke from Panamanian President Jose Raul Mulino.
Unifor members ratify new agreement with Canadian National Railway
Unifor said on Sunday that its members at Canadian National Railway have ratified a new four-year collective agreement, averting a potential strike action.
U.S. livestock: Cattle futures rise on fund buying
Chicago Mercantile Exchange (CME) live and feeder cattle contracts edged higher on Friday as commodity funds added to their net long positions amid near-record cash cattle prices and no signs of a herd rebuild, analysts said.