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(USDA.gov via Flickr)
Crops, Markets

U.S. corn, soy acreage to expand in 2018-19, USDA says

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Chicago | Reuters — U.S. farmers are likely to expand plantings of both corn and soybeans while reducing wheat seedings for the upcoming marketing year, the U.S. Agriculture Department said on Tuesday. The USDA’s Office of the Chief Economist forecast that farmers will seed 91 million acres of corn in the 2018-19 crop year, up
(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat hits contract lows

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Chicago | Reuters — Chicago Board of Trade wheat futures sank 1.4 per cent to fresh contract lows on Monday, pressured by poor demand for U.S. supplies from overseas buyers, traders said. The drop in wheat weighed on corn futures while soybean futures edged higher, underpinned by concerns about crop development in South America. The
Cows herded in to holding pen
Livestock Markets, Markets

Cattle prices stay on strong side

There was just a slight price drop for some feeder steers 
and heifers this past week

By
Prices for cattle at Manitoba auction marts continue to stay strong, but some classes did drop off slightly during the week ended November 17. Feeder steers in the 300 to 400 lb range softened by a few dollars along with heifers in that same weight class. Most classes and weights of calves were four to
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: CME live cattle rebound on cash, beef prices

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday rallied from Monday’s losses, ignited by short-covering as investors digested initial cash prices and firmer wholesale beef values, said traders. Technical buying contributed to market advances along with unwinding of Monday’s short live cattle futures long hog spreads, they said. December live cattle
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: CME live cattle slip on softer cash, beef prices

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday reversed some of Wednesday’s gains, led by weaker cash and wholesale beef values, traders said. Some market participants tweaked positions before Friday’s U.S. Department of Agriculture (USDA) monthly Cattle on Feed report. “We saw a small rally yesterday, and a steady opening today,
(Allan Dawson photo)
Crops, Markets

U.S. grains: Corn sinks to contract lows

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Chicago | Reuters — U.S. corn futures fell to new contract lows for the third straight day on Thursday as lower-than-expected weekly export sales and abundant supplies weighed on the market. Soybeans also declined on disappointing weekly U.S. Department of Agriculture export sales data and as improving crop weather in Brazil raised prospects that the

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