Photo: JHVEPhoto/Getty Images Plus

U.S. grains: Grains off highs with fed in focus, soyoil down more than two per cent

Chicago | Reuters – Chicago corn and soybean futures sagged on Wednesday, retreating from multi-week highs on profit-taking and an uptick in the dollar, while a drop in soyoil futures added pressure, analysts said. Wheat futures followed the lower trend, with forecasts for rains in the southern U.S. Plains adding to bearish sentiment. Chicago Board […] Read more




 Photo: Canada Beef

U.S. livestock: Cattle, hog futures fall

Chicago cattle and hog futures fell for the second day running ahead of Friday’s cattle on feed report. Most-active December live cattle closed at 232.675 cents a pound, down 2.475 cents. October contracts settled at 231.100 cents a pound, down 2.350 cents. Most-traded October feeder cattle futures closed at 349.125 cents per pound, a loss […] Read more





Photo: Geralyn Wichers

Prairie forecast: Warm, dry west; warm, unsettled east

Highlights Summary Last week’s forecast did well considering the unusually blocking pattern that developed. An area of low pressure did develop as expected over the west-central U.S. It tried to push northwards and eastwards but was kept mostly in place by a strong ridge of high pressure over the central and eastern Prairies. The models […] Read more