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U.S. livestock: CME live cattle touch six-month low on big supply

By GFM Network News, Karl Plume March 26, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle tumbled to a six-month low on Monday as a glut of animals at U.S. feedlots fueled concerns about plentiful beef supplies into the fall, traders said. The U.S. Department of Agriculture reported after Friday’s market close that ranchers had placed 7.3 per cent more cattle in

Beef cattle, Livestock, Markets

U.S. cattle placements hit 16-year high for February

By GFM Network News, Theopolis Waters March 23, 2018

Chicago | Reuters — Ranchers drove 7.3 per cent more cattle into U.S. feedlots in February than a year ago, the U.S. Department of Agriculture reported on Friday, the most for the month in 16 years. Persistent drought in the U.S. Plains withered winter wheat grazing pastures, which forced beef cattle into feedyards in states

(Gloria Solano-Aguilar photo courtesy ARS/USDA)

Livestock, Markets

U.S. livestock: Trade war risk slams CME hogs

By GFM Network News, Reuters March 22, 2018

Chicago | Reuters –– Chicago Mercantile Exchange lean hogs hit a four-month low on Thursday as U.S. stocks plummeted amid fears of a potential trade war between the U.S. and China, said traders. On Thursday U.S. President Donald Trump signed a presidential memorandum that could impose tariffs on up to $60 billion of imports from

Crops, Markets

ICE weekly outlook: Canola futures linked to NAFTA

By Dave Sims, GFM Network News March 21, 2018

CNS Canada — ICE Futures Canada canola contracts zigged and zagged around the $520 per tonne mark during the week ended Wednesday — but one analyst says the market could really take a turn if and when the future of the North American Free Trade Agreement is clarified. “The Canadian dollar is already moving to

Crops, Markets

CBOT weekly outlook: Soy, corn market attention shifts north

By GFM Network News, Phil Franz-Warkentin March 21, 2018

CNS Canada — Soybean and corn futures at the Chicago Board of Trade moved lower over the past week, but stabilized at those lows as attention shifts from weather concerns in Argentina to planting intentions in North America. Rains in Argentina over the past weekend helped ease dryness concerns there somewhat and caused soybeans and

Crops, Markets

U.S. grains: Wetter forecasts pressure K.C. wheat

By GFM Network News, Julie Ingwersen March 21, 2018

Chicago | Reuters — U.S. hard red winter wheat futures fell to near two-month lows on Wednesday on forecasts of another round of beneficial showers next week in the southern Plains that could boost crop prospects, analysts said. Chicago Board of Trade soft red winter wheat rallied late in the session to end higher, while

Livestock, Markets

U.S. livestock: Cash prices extend CME live cattle losses

By GFM Network News, Reuters March 21, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle fell on Wednesday for a fifth straight session, weighed down by a burdensome supply outlook and cash prices that fell short of expectations, traders said. A few investors adjusted positions in advance of the U.S. Department of Agriculture’s (USDA) monthly Cattle on Feed report on Friday.

Livestock, Markets

U.S. livestock: CME live cattle extend slide

By GFM Network News, Reuters March 20, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday, extending their slide to four straight sessions on declining cash prices and expectations of rising cattle supplies in the next few months. Cash cattle traded lightly in Texas and Kansas, down $1 from last week’s trade, brokers said (all figures US$). “We

Crops, Markets

CBOT weekly outlook: Soy running out of time for move upward

By Dave Sims, GFM Network News March 14, 2018

CNS Canada — Soybean futures on the Chicago Board of Trade came off their highs during the week and could be poised for further losses, according to a trader. The most-active May contract recorded a high of $10.77 a bushel on March 7 but ended at $10.32 at Wednesday’s close (all figures US$). Jack Scoville

Crops, Markets

U.S. grains: Corn hits seven-month high on exports

By GFM Network News, Michael Hirtzer March 13, 2018

Chicago | Reuters — U.S. corn futures climbed to a seven-month high on Tuesday, buoyed by robust export demand amid drought conditions in No. 3 global shipper Argentina, traders said. Soybeans also rose as rains forecast this week in Argentina were likely to provide only limited relief for soy and corn plants damaged by months

Daily Network News

New strategies needed for Canadian agriculture to stand out in global trade

Feed Grains Weekly: Cash prices for wheat, barley largely flat

The Canadian GMO mustard wars: Dijon vs canola

Tag Archives USDA

U.S. livestock: CME live cattle touch six-month low on big supply

U.S. cattle placements hit 16-year high for February

U.S. livestock: Trade war risk slams CME hogs

ICE weekly outlook: Canola futures linked to NAFTA

CBOT weekly outlook: Soy, corn market attention shifts north

U.S. grains: Wetter forecasts pressure K.C. wheat

U.S. livestock: Cash prices extend CME live cattle losses

U.S. livestock: CME live cattle extend slide

CBOT weekly outlook: Soy running out of time for move upward

U.S. grains: Corn hits seven-month high on exports

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