Chicago | Reuters – Chicago Mercantile Exchange’s live cattle futures were mixed on Tuesday, with nearby contracts extending the previous session’s losses that saw contracts drop by the daily trading limit, analysts said. Feeder cattle futures turned higher, rebounding from Monday’s sharp limit-down losses, as traders began to adjust positions ahead of the U.S. Thanksgiving […] Read more
U.S. livestock: Chicago cattle futures mixed ahead of Thanksgiving holiday
Pulse Weekly: Looking for trade deal to benefit Canadian growers
As trade talks between Canada and India are soon to restart, Pulse Canada said it’s looking for any deal arising out of those talks to be beneficial for Canadian pulse growers.
U.S. grains: CBOT soybeans firm as traders hope for more Chinese buying
Chicago Board of Trade soybean futures ended higher on Tuesday in a day of range-bound trading after comments by President Donald Trump’s administration bolstered expectations of further Chinese purchases under a bilateral trade truce, market analysts said.
South Korea raises African Swine Fever alert after outbreak at pig farm
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South Korea said on Tuesday there had been an outbreak of African Swine Fever (ASF) at a pig farm in the country’s largest pig-breeding region, prompting authorities to raise the national alert level to “serious”.
Klassen: Feedlots scale down cattle purchases
For the week ending November 22, Western Canadian feeder cattle prices were steady to $10/cwt lower on average. Earlier in the week, the heavier weight categories came under pressure while cattle under 700 pounds held value. However, by Friday, all weight ranges exhibited a softer tone. Feedlots are coming to the realization that the fed […] Read more
Wet grain, Russian attacks on railways hit Ukrainian corn exports, union says
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High grain moisture content and logistical woes caused by Russian attacks have slashed Ukraine’s corn exports from Black Sea ports in November and may do so again in December, farmers’ union UAC said on Tuesday.
Feds pause update on food from cloned livestock
Health Canada has indefinitely suspended a proposed update to the novel food policy governing foods derived from cloned cattle and swine, as well as their progeny.
U.S. livestock: Cattle futures end limit down
Chicago live and feeder cattle futures fell by their limits on Monday following news of a Nebraska processing plant closure. All live cattle contracts fell by 7.250 cents. Most-traded June contracts settled at 201.725 cents a pound while February futures closed at 207.525 cents. Feeder cattle contracts dropped by their 9.250-cent limit. Most-traded March futures […] Read more
AAFC makes few changes to November S/D report
Agriculture and Agri-Food Canada made only a handful of alterations for its November report on principal field crops. The only changes AAFC made were with all wheat and durum exports plus domestic use for all wheat and corn in the estimates released on Nov. 24. The report had been initially scheduled for Nov. 19, but AAFC said they chose to delay it until after the United States Department of Agriculture issued its November supply and demand estimates following the U.S. government shutdown.
U.S. grains: Soybeans turn lower on Chinese demand uncertainty; corn mixed, wheat falls
Chicago Board of Trade soybean futures retreated on Monday from last week’s 17-month high, as traders waited for signs of more Chinese buying of U.S. beans and details from the latest call between Washington and Beijing, market analysts said.
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