The Chicago Board of Trade Building. Photo: Kevinstack22/iStock/Getty Images

U.S. grains: Corn backs away from gains at close

Chicago | Reuters — U.S. corn futures climbed to a 6-1/2 week high on Friday on short covering ahead of the weekend and a U.S. government crop production update next week, and as U.S. export demand remained strong. However, the grain failed to hold onto the advances and settled with small losses in the most

A University of Saskatchewan grad student has been researching how to use ergot-affected grain for feedlot cattle.  Photo: File

U.S. livestock: Profit-taking pressures cattle futures

Cattle futures on the Chicago Mercantile Exchange were weaker on Friday, with chart-based positioning a feature as the market continued to back away from nearby record highs. The United States Department of Agriculture reported weekly U.S. beef export sales of 16,600 tonnes, which was up 22 per cent on the week and 51 per cent