Photo: Getty Images Plus

U.S. livestock: Cattle retreat, hogs rise

Chicago cattle futures retreated on Tuesday as regions of the U.S. reopened following snowstorms. “Weather impacts on the cattle market should begin to loosen up starting today as the region thaws,” StoneX said in a note. Most-active April live cattle futures lost 0.600 cents to close at 237.400 cents a pound. June contracts closed at




North American grain/oilseed review: Canola narrowly mixed

     Glacier FarmMedia — The ICE Futures canola market closed narrowly mixed on Tuesday, as spillover support from gains in Chicago soyoil was countered by the bearish influence of the rising Canadian dollar. Soyoil futures settled at their highest levels in five months, with soybeans also up on the day. European rapeseed and Malaysian palm


ICE canola firm, but backing off highs at midday

Glacier FarmMedia — ICE Futures canola contracts were holding onto small gains at midday Tuesday, but well off their session highs. Gains in the Chicago soy complex provided spillover support for the Canadian oilseed. Malaysian palm oil was also higher in overnight trade, while European rapeseed traded narrowly mixed. Chinese importers have bought up to



Photo: Kat72/Getty Images Plus

Klassen: Western Canadian calf prices ratchet higher

For the week ending January 24, Western Canadian feeder cattle markets traded $10/cwt lower to $10/cwt higher compared to seven days earlier. The market was quite variable depending on flesh conditions and genetic quality. Prices for backgrounded yearlings or fall placed calves were steady to $5 higher on larger packages on controlled weight gain diets;