(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle rebound on technical buying, lower animal weights

Chicago | Reuters –– U.S. cattle futures climbed on Thursday, rising on technical buying and lower animal weights that suggested feedlots were aggressively marketing cattle to meet strong beef packer demand, traders and analysts said. Both Chicago Mercantile Exchange live and feeder cattle futures were technically oversold after steep losses during the past two weeks.



Opinion: Pass the biscuits and the buck

Politicians would rather score hollow partisan points these days 
than make hard decisions and do their jobs

Leave it to the language experts at England’s Oxford Dictionaries to come up with a two-word “Word of the Year” for 2016. That (those) word(s) is (are) “post-truth.” Post-truth, explain the Oxford experts, is “defined as ‘relating to or denoting circumstances in which objective facts are less influential in shaping public opinion than appeals to


(Photo courtesy United Soybean Board)

U.S. grains: CBOT soy rallies on export demand

Chicago | Reuters — U.S. soybean futures rose 1.1 per cent on Tuesday, supported by strong export demand for U.S. supplies despite a massive crop from South American producers Brazil and Argentina. Technical buying also helped fuel a rally in the soybean market, which closed near session highs. Chicago Board of Trade soft red winter




(Dave Clark photo courtesy ARS/USDA)

U.S. grains: Corn up on USDA world stocks view

Chicago | Reuters — U.S. corn futures rose about two per cent on Wednesday after the U.S. Department of Agriculture’s forecast for global inventories at the end of the 2017-18 marketing year fell below trade expectations. Soybean futures hit a six-week high after the USDA’s reports were released, buoyed by the government’s forecast for a


(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy up ahead of USDA data

Chicago | Reuters — U.S. soybean futures climbed nearly one per cent on Tuesday, halting a three-session slide, as traders adjusted positions a day ahead of a U.S. government crop report and as excessively wet weather in the Midwest raised concerns, analysts said. Corn futures closed modestly higher while wheat fell, pressured by a stronger

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle soar limit up

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts on Wednesday posted new highs, and nearby months hit their three-cent daily price limit, sparked by brisk beef demand and stronger-than-anticipated cash prices, traders said. June settled at 130.05 cents and August 123.8 — limit up and fresh highs for both contracts (all figures US$).