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U.S. livestock: Cattle futures jump back up, hogs fall

Chicago cattle futures jumped back up after Tuesday’s losses while hogs continued to slide. Most-active April live cattle contracts gained 3.550 cents to close at 240.975 cents per pound. June live cattle settled at 236.575 cents a pound, up 2.775 cents. Most-traded March feeder cattle closed at 367.450 cents per pound, up 2.675 cents. April








North American Grain and Oilseed Review:Canola backs away from resistance

U.S. soybeans, wheat improve as corn dips

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed lower on Wednesday, getting pressure from losses in Chicago soyoil, MATIF rapeseed and Malaysian palm oil. Increases in crude oil helped to temper further declines in the vegetable oils. A trader said canola turned lower, he continued, because prices were beginning to dissuade purchases

ICE canola lower at midday Wednesday

Glacier FarmMedia — ICE Futures canola contracts were weaker at midday Wednesday in heavy volumes, correcting off nearby highs. Chart-based positioning was a feature, as the March contract ran into technical resistance at its 200-day moving average around C$667 per tonne on Tuesday. Losses in Chicago soybeans and soyoil accounted for some additional spillover selling


ICE canola weaker Wednesday morning

     Glacier FarmMedia — ICE canola futures were weaker Wednesday morning, seeing a modest correction off the two-and-a-half month highs hit Tuesday. Chart-based positioning was a feature, as the March contract ran into technical resistance at its 200-day moving average around C$667 per tonne. Losses in Chicago soybeans accounted for some additional spillover selling pressure.

Global Markets: Carney, Trump discuss Gordie Howe bridge

By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. During a Tuesday phone call, Canadian Prime Minister Mark Carney told President Trump that the Gordie Howe International Bridge is a “great example of co-operation” between their countries. Trump threatened to refuse to