Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures were little changed but ended slightly lower on Wednesday amid thin trade ahead of Christmas, analysts said. Many traders have exited out of their positions ahead of Christmas and the New Year market holidays. CME February live cattle LCG26 settled 1.45 cents lower […] Read more
U.S. livestock: CME cattle tick lower in thin pre-holiday trade
U.S. grains: Wheat extends gains on short covering, war risk
Chicago | Reuters – Chicago Board of Trade wheat futures rose for a fifth session on Wednesday as worries about the escalation of hostilities in the Black Sea export zone and severe cold in Russian wheat belts encouraged short-covering before the Christmas break, traders and analysts said. Corn futures edged up on robust demand and […] Read more
Prairie forecast: Plenty more chances for snow over Holidays
The pattern of Pacific storm system after Pacific storm system looks set to continue for a while longer. We begin this forecast period with a heavy snowfall warning in effect across parts of Alberta.
Weight-loss pill approval set to accelerate food industry product overhauls
Packaged food makers and fast-food restaurants may be forced to overhaul more of their products next year as newly approved, appetite-suppressing GLP-1 pills become available in January, analysts say.
‘Not a happy Trump supporter’: U.S. Cattle ranchers hit by push for lower beef prices
Much like the price of eggs during the Biden administration, the cost of beef has become an emblem of the affordability crisis in Donald Trump’s America. Beef prices hit record highs earlier this year as the cattle herd shrank and consumer demand remained strong.
Equine herpes case confirmed at Moose Jaw Exhibition Company
The Moose Jaw Exhibition Company has been placed under quarantine, effective Dec. 22, due to a confirmed case of equine herpesvirus-1 (EHV-1) at the grounds.
U.S. livestock: CME cattle futures lower after sideways trade
Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures inched lower on positioning on Tuesday as thin volumes led to a sideways, choppy trade. Hog futures rose as traders covered short positions ahead of the U.S. Department of Agriculture’s quarterly Hogs and Pigs report, which they had expected to show a 0.9 […] Read more
U.S. grains: Wheat ends higher on short covering though ample supply weighs
Chicago | Reuters – Chicago Board of Trade wheat futures inched higher on Tuesday on positioning ahead of the holidays, though a massive global supply of wheat kept a lid on prices. Soybeans and corn spent the day chopping up and down, but gained some support from an end-of-year rally, which is typical as traders […] Read more
Klassen: Feeder market closes year on soft tone
For the week ending December 20, Western Canadian feeder cattle markets were steady to $10 weaker compared to seven days earlier. For the second week in a row, the price range was quite wide for similar weight cattle. Larger operations were focused on pre-conditioned vaccinated cattle given the adverse weather conditions. The quality of cattle […] Read more
Pulse Weekly: Tariffs guide yellow peas in 2025
Tariffs were a major influence on Canadian yellow pea prices in 2025, with levies imposed by China and India. The two countries are Canada’s biggest foreign pulse buyers.