CME October 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: CME live cattle, feeder cattle extend gains

December hogs touch one-week low

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle and live cattle futures rose on Tuesday amid technical buying, while lean hog futures finished mixed. Both cattle markets have been due to rebound after recent selloffs dragged prices too low at a time when demand is solid, brokers said. Live cattle futures topped a one-week



Canadian Financial Close: C$ slightly firmer

By MarketsFarm WINNIPEG, Oct. 5 (MarketsFarm) – The Canadian dollar was slightly firmer on Tuesday, seeing some consolidation after Monday’s strength. The Canadian dollar settled at US$0.7952 or US$1=C$1.2575 on Monday, which compares with Monday’s North American close of US$0.7947 or US$1=C$1.2583. Canada’s international trade surplus widened to C$1.94 billion in August, according to a


North American Grain/Oilseed Review: Canola sharply higher

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 5 (MarketsFarm) – The ICE Futures canola market was stronger on Tuesday, climbing above nearby resistance as gains in outside markets provided support. Malaysian palm oil, European rapeseed and Chicago Board of Trade soyoil futures all posted solid gains, with that buying interest spilling into the canola market. Chart-based

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Oct. 5 (MarketsFarm) – The Canadian dollar was firmer Tuesday morning, as continued strength in crude oil underpinned the energy-linked currency. At 9:30 a.m. CDT Tuesday morning, the Canadian dollar was at US$0.7955 or US$1=C$1.2571 which compares with Monday’s North American close of US$0.7947 or US$1=C$1.2583. Canada’s international trade surplus widened to


ICE canola climbing higher

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 5 (MarketsFarm) – The ICE Futures canola market was sharply higher at midday Tuesday, as rallies in outside markets provided support. Canola climbed to the top end of its well established range, with speculative buying building on itself and adding to the advances. Crude oil hit its strongest levels

Historical examples show that hyperinflation is a near-perfect storm of political, social and economic factors.

Hyperinflation requires certain triggers

Inflation is more common and easier to plan and invest for

There’s been a lot of talk about inflation and even hyperinflation lately. So in a last of a series on inflation, money supply and interest rates, I thought it would be a good idea to see what happened during the infamous hyperinflation of the 1920s German Weimar Republic. And, to see if similar conditions could



ICE Canada Morning Comment: Spike in edible oils pushes up canola

Tights supplies, crop uncertainty supportive as well

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 5 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger Tuesday morning, getting support from a surge in edible oils. There were sharp gains in European rapeseed and Malaysian palm oil, along with significant upticks in Chicago soyoil. Chicago soybeans were up slightly while soymeal stepped back a little.