Markets & Farming Articles | Manitoba Co-operator

U.S. livestock: Ham prices lead lean hog futures higher

Chicago live cattle book slight gain

Chicago | Reuters — U.S. lean hog futures rose on Thursday as firmer cash markets for hogs and some pork products supported thinking that the market may have bottomed out after declining for much of 2020, traders said. Chicago Mercantile Exchange (CME) August lean hog futures settled up 2.275 cents at 50.225 cents/lb., crawling back

Crops, Markets

Feed weekly outlook: Prices to soften as new crop year nears

By GFM Network News, Glen Hallick - MarketsFarm 1 day ago

MarketsFarm — Prices for feed barley and wheat will decline as the new crop year gets closer, according to Erin Harakal, senior trader with Agfinity at Stony Plain, Alta. Harakal said the new crop should start coming off of the fields around the end of August and the beginning of September. “Usually at this time

Crops, Markets, Weather

U.S. grains: Wheat futures top two-month high on global harvest worries

Corn, soybeans firm as U.S. weather looks hotter, drier

By GFM Network News, Tom Polansek 1 day ago

Chicago | Reuters — Chicago Board of Trade wheat futures on Thursday leapt to their highest prices in more than two months as the latest crop estimates in major exporting countries like Argentina, France and Russia raised questions about global supply. Corn and soybean futures also strengthened, as weather forecasts predicted more heat and dryness

Currency markets

Canadian Financial Close: COVID-19 surge in U.S. threatening Canadian economy

Cases in U.S. nearing 3.1 million

By GFM Network News 1 day ago

By MarketsFarm WINNIPEG, July 8 (MarketsFarm) – The Canadian dollar lost a tenth of a cent on Thursday after it broke above 74 U.S. cents earlier in the day. The loonie finished at US$0.7377 or US$1=C$1.3555, compared to Wednesday when it closed at US$0.7387 or US$1=C$1.3538. Growing concerns about the surge of reported cases of

Futures markets

North American Grain/Oilseed Review: Canola up with soybeans, weaker loonie

By GFM Network News 1 day ago

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 9 (MarketsFarm) – The ICE Futures canola market was stronger on Thursday, hitting fresh three-month highs as gains in Chicago Board of Trade soybeans and weakness in the Canadian dollar provided support. Forecasts calling for hot and dry weather in the United States Midwest were behind some of the

Livestock, Markets

China’s slower meat imports seen worsening its protein shortage

By GFM Network News, Reuters 1 day ago

Beijing | Reuters — China’s dwindling pace of meat imports, thanks to its tough measures against coronavirus contamination, will provide further support for prices already buoyed by a severe shortage of pork, analysts said. Purchases of pork and other meats have soared this year after domestic production shrank 30 per cent following an outbreak of

Futures markets

ICE canola up with soybeans at midday

By GFM Network News 1 day ago

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 9 (MarketsFarm) – The ICE Futures canola market was stronger at midday Thursday, retesting chart resistance as uncertain North American weather forecasts provided support. “Traders are cautious because the weather maps are shifting every time a new map is released,” said a trader, noting that the latest calls for

New Canadian and U.S. estimates of canola and soybean acres were generally supportive for canola futures.

Grain Markets, Markets

With seeding intentions clear, traders now watching the skies

Strength in the Chicago soy complex also helped lift canola values

By Marlo Glass 1 day ago

Acreage data from government agencies supported canola values during the week ended July 2. On June 29, Statistics Canada estimated canola acreage across the country at 20.778 million acres, which was at the higher end of trade estimates, though slightly lower than the 20.956 million acres seeded the previous year. Canola prices were supported by

Global markets

Global Markets: Seoul mayor missing

By GFM Network News 1 day ago

By MarketsFarm WINNIPEG, July 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The mayor of Seoul, South Korea, Park Won-soon, has gone missing and a massive search is underway. Park left his daughter a ‘will-like’ message before disappearing, according to police. Prior to becoming mayor

Currency markets

Canadian dollar and business outlook

By GFM Network News 1 day ago

By MarketsFarm WINNIPEG, July 9 (MarketsFarm) – The Canadian dollar was higher on Thursday, along with a stronger tone for global stock indices. At 8:45 CDT Thursday morning the Canadian dollar was at US$0.7404 or US$1=C$1.3506, which compares with Wednesday’s North American close of US$0.7387 or US$1=C$1.3538. Stocks were mostly higher on Thursday morning

Beef Breeds Council becomes arm of CCA

U.S. grains: Corn, soybeans drop on favourable weather

Kazakhstan’s president says farmland won’t be sold to foreigners

GFM Network News

Beef Breeds Council becomes arm of CCA

U.S. grains: Corn, soybeans drop on favourable weather

Kazakhstan’s president says farmland won’t be sold to foreigners

Markets — page 2

U.S. livestock: Ham prices lead lean hog futures higher

Feed weekly outlook: Prices to soften as new crop year nears

U.S. grains: Wheat futures top two-month high on global harvest worries

Canadian Financial Close: COVID-19 surge in U.S. threatening Canadian economy

North American Grain/Oilseed Review: Canola up with soybeans, weaker loonie

China’s slower meat imports seen worsening its protein shortage

ICE canola up with soybeans at midday

With seeding intentions clear, traders now watching the skies

Global Markets: Seoul mayor missing

Canadian dollar and business outlook

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