CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soybean futures fall 1.5 per cent

CBOT corn, wheat firm

Chicago | Reuters — U.S. soybean futures fell 1.5 per cent on Tuesday as Argentina’s decision to offer farmers a better exchange rate for their crops threatened to raise export competition at a time when U.S. offerings typically dominate the market. “It just makes more product readily available short-term,” said Mark Schultz, chief analyst at

(Thinkstock photo)

Prairie cash wheat: Bids mixed headed into long weekend

MarketsFarm — Despite projections that Canada will have a large wheat harvest this year, Western Canadian wheat bids were mixed for the week ended Thursday, largely due to a weakening Canadian dollar. Statistics Canada (StatCan) on Monday released its satellite imagery-based July principal field crop production estimates, which projected a total wheat harvest of 34.6



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

U.S. livestock: CME live cattle climb on cash market optimism

CME lean hogs slip on cash market pessimism

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Friday on expectations of higher cash cattle prices next week and position-squaring ahead of a long U.S. holiday weekend, traders said. Benchmark CME October live cattle futures settled up 1.75 cents at 144.55 cents/lb., with December up 1.675 cents at 150.25 cents


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

U.S. livestock: Cattle futures up as corn prices sag

CME lean hogs end mixed

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled mostly higher on Thursday as lower grain prices propped up feeder cattle futures, signaling cheaper feed costs, traders said. Benchmark CME October live cattle futures settled up 0.225 cent at 142.8 cents/lb., a day after dipping to a four-week low (all figures US$). CME



CME October 2022 lean hogs (candlesticks, right column) with 20-day moving average (pink line) and CME’s cash lean hog index (black line, left column). (Barchart)

U.S. livestock: CME lean hog futures follow cash hogs lower

Live cattle down, feeder cattle mixed

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday on profit-taking after a two-session climb and pressure from softening cash hog prices, traders said. CME benchmark October lean hogs settled down 2.075 cents at 91.525 cents/lb. and December hogs ended down 1.625 cents at 83.875 cents/lb. The CME Lean Hog Index,

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

U.S. grains: Corn dips but still posts monthly gain

CBOT soy lower, wheat up

Chicago | Reuters — U.S. corn futures declined for a second session on Wednesday on profit-taking at the end of the month and mounting recession worries, but the market nonetheless gained eight per cent during August due to eroding U.S. and European crop prospects. Soybean futures ended lower after a back-and-forth session. But wheat turned


ICE Futures November 2022 canola (candlesticks) with Bollinger bands (20,2). (Barchart)

ICE weekly outlook: Crush margins guiding canola demand

MarketsFarm — Enormous canola crush margins will lead to increased demand for the Canadian oilseed, according to MarketsFarm’s director of markets and weather Bruce Burnett. As of Tuesday, the nearby November-October margins were estimated at $215.51 per tonne, while the same position for November-October 2023 now stands at $124.48/tonne. This time last year their margins