CME December 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: Live cattle hit fresh high

Higher cash values, beef demand support futures

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures rose for a sixth consecutive session on Wednesday, and the front-month contract touched its highest point in four-and-a-half years, on higher cash market prices and strong beef demand. Most contracts posted life-of-contract highs, extending a multi-session rally, amid rising beef imports by China and

CBOT March 2022 wheat (candlesticks) with K.C. March 2022 wheat (orange line) and MGEX March 2022 wheat (green line, left column). (Barchart)

U.S. grains: Markets retreat on pre-Thanksgiving liquidation

CBOT wheat down off peak; corn, soy also slide

Chicago | Reuters — U.S. wheat futures fell from multi-year highs on Wednesday and corn and soybeans eased in a profit-taking and liquidation sell-off ahead of the U.S. Thanksgiving holiday. A firmer U.S. dollar added pressure, but losses in corn and soy were tempered by signs of improved export demand. Markets will be closed on


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

U.S. livestock: Live cattle notch 4-1/2 year high

Lean hogs gain on good demand

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures rose for a fifth consecutive session on Tuesday and the front-month contract reached its highest in 4-1/2-years on a firm cash market and good beef demand. Cattle prices have been trending higher amid rising imports by China and improved domestic demand as more consumers

(Lentils.ca)

Pulse weekly outlook: Lentil prices steady to lower despite supply cuts

Lentil crop smallest in almost a decade

MarketsFarm — Just like many other crops in Western Canada, lentil production was cut sharply due to this year’s drought. Canada’s lentil crop was reduced by 37.2 per cent to 1.802 million tonnes for the 2021-22 marketing year, according to Agriculture and Agri-Food Canada’s (AAFC) principal crop estimates from Friday. The total represents Canada’s lowest


(Dave Bedard photo)

AAFC lowers canola export forecast

Domestic canola usage raised; other crops largely unchanged

MarketsFarm — Canadian canola exports during the 2021-22 marketing year are forecast to be smaller than earlier projections, Agriculture and Agri-Food Canada (AAFC) reported late Friday. Domestic usage, however, was raised in the report, keeping ending stocks of the crop steady with the October forecast. Total Canadian canola exports in 2021-22 are now forecast at

CME February 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: Live cattle notch 4-1/2-year high

Lean hogs gain on good demand

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) climbed for a fourth straight session on Monday, with front-month contract hitting a fresh 4-1/2-year high on strong demand. Lean hog futures also firmed, supported by good demand. Lighter-than-normal trading volumes aided livestock futures’ advance on Monday, with little selling pressure ahead


P.E.I. Ag Minister Bloyce Thompson announces a $10 million contingency fund to support potato growers affected by a new ban on exports to the U.S. and calls on Ottawa to reverse its decision. (Government of P.E.I. video screengrab via Facebook Live)

P.E.I. potato exports to U.S. halted

Canada imposes new rules after potato wart findings

Canada has moved to halt exports of Prince Edward Island potatoes to the United States after findings of potato wart in the province last month — on what federal officials describe as the threat of a U.S. ban. The Canadian Food Inspection Agency said Monday it has “temporarily suspended” exports of fresh potatoes from P.E.I.

CBOT March 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Wheat firms with exports in focus

Chicago corn, soybeans fall

Chicago | Reuters — U.S. wheat futures rose on Friday, with strong buying interest by importers keeping prices near the multi-year highs hit earlier this week. Corn and soybean futures fell but the market was underpinned by strength in the cash market as grain dealers tried to entice U.S. farmers to book sales instead of


Standing corn north of St. Adolphe, Man. on Sept. 19, 2021. (Dave Bedard photo)

Feed weekly outlook: Record imports of U.S. corn likely

Feeders will need to scale back barley usage

MarketsFarm — Canadian imports of corn from the United States are picking up and could hit a record this year, given the tight supply situation across the Prairies. The most recent export sales data from the U.S. Department of Agriculture showed Canada as the country’s largest corn customer during the week ended Nov. 11, accounting