Chicago Mercantile Exchange cattle futures were mostly stable on Friday on pre-weekend positioning following a technical-driven selloff this week, traders said.
Daily news
U.S. livestock: Cattle largely steady; July placements top estimates
U.S. grains: Soy rises on short-covering, wheat stays weak
Soybeans rose while corn eased on Friday as traders covered short positions ahead of the weekend while monitoring an incoming heatwave that could threaten some crops in the U.S. Midwest, traders said.
Alberta Crop Report: Harvest slow going under heat, rains
Harvest progress for major crops in Alberta more than tripled during the week ended Aug. 20 while heavy rains hit northern and central parts of the province.
Hail hits crops at more than 1,600 farms across Prairies
More than 1,600 Prairie farms were hit by hail between July 29 and August 11, with the heaviest damage in Alberta, according to the Canadian Crop Hail Association (CCHC).
Prairie Wheat Weekly: Western Canadian spring wheat pulled downward
Harvest pressure and weakened United States wheat futures pressured most Western Canadian wheat bids during the week ended Aug. 22.
Canada rail shutdown may still delay western grain exports
Canada's rail shutdown may still delay loading of some bulk grain ships at the country's west-coast ports despite the government's move to end a stoppage at the nation's two largest railroads, traders and analysts said.
CN workers threaten strike, vow to fight Canada move to end rail shutdown
The union representing workers at Canadian National Railway said on Friday they would strike next week, in a fresh threat to the economy after vowing to challenge a government decision to end an unprecedented rail stoppage.
US crop tour finds record Iowa corn crop prospects; Minnesota sub-par
Iowa's corn yield potential set a new record high for the Pro Farmer Crop Tour while excessive June rains drove Minnesota's corn yield prospects to the lowest levels since 2012, scouts on an annual tour of top U.S. production states found on Thursday.
Teamsters issue strike notice to CN, CPKC stoppage ongoing
Workers at the Canadian National (CN) railway will be headed back to work today, their union said, but workers at Canadian Pacific Kansas City (CPKC) will remain off the job "pending an order from the Canada Industrial Relations Board (CIRB)."
Nova Scotia ranchers snag environmental award at Canadian Beef Industry Conference
Holdanca Farms from Nova Scotia is this year’s recipient of The Environmental Stewardship Award (TESA), it was announced on at the banquet of the Canadian Beef Industry Conference this week.
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