Although there’s a debate over the size of the South American soybean crop, there’s little doubt that it will be an enormous one, said consultant Michael Cordonnier of Soybean and Corn Advisor in Hinsdale, Ill.
Huge crops in South America says analyst
U.S. livestock: ‘Cattle on feed’ report supports prices
Chicago cattle futures rose as the USDA’s ‘Cattle on Feed’ report showed inventories two per cent down from a year ago. Most-active April live cattle futures gained 1.850 cents to close at 230.000 cents a pound. June contracts settled at 223.825 cents per pound, up 1.725 cents. Most-active March feeder cattle futures gained 4.800 cents […] Read more
U.S. grains: Wheat trades near contract lows under ample global supply
Chicago | Reuters – Chicago wheat futures ended higher on Friday, but hit their biggest weekly drop since June as abundant and cheap global supply kept prices near an eight-week low. Soybean futures declined for a sixth day, reaching their lowest price since October 24, as speculators continued to unwind long positions due to ample […] Read more
CPKC overshoots grain revenue entitlement, CN stays in bounds
Canadian Pacific Kansas City Railway Company (CPKC) exceeded its grain revenue cap for 2025 and will face a penalty, the Canadian Transportation Agency said on Friday.
Canada October retail sales down 0.2 per cent; seen up 1.2 per cent in November
Canadian retail sales fell by 0.2 per cent in October from September to $69.44 billion, on lower sales at food and beverage retailers, Statistics Canada said on Friday.
Pork imports to drop after 2026 as Philippines ramps up hog repopulation drive
The Philippines’ agriculture ministry expects pork imports to drop five per cent in 2027 and by another five per cent in 2028 as it ramps up efforts to restore pig stocks to pre-African swine fever (ASF) levels, a senior official said on Friday.
Selling GMO tomato seeds to Canadian gardeners ‘reckless’ say advocates
Selling genetically-modified purple tomato seeds to home gardeners could raise the risk of contamination of organic vegetable varieties and hamper farmers’ ability to save their own seed, say a group of advocates.
U.S. grains: Wheat recovers on short covering, soy continues to fall
Chicago | Reuters – Chicago wheat futures found their footing on Thursday on short covering but remained near eight-week lows after China cancelled purchases from the United States and as large harvests in Argentina and Australia poured new grain into a well-supplied market, analysts said. Soybean futures continued the previous day’s fall on long liquidation […] Read more
U.S. livestock: Cattle futures lower on falling beef prices, selling
Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures tipped lower on Thursday as falling wholesale boxed beef prices and long liquidation pressured the market, analysts said. A decline in boxed beef prices has made meatpackers, whose margins continue to remain in the red, less willing to pay up for cattle. “The […] Read more
Feed Grains Weekly: Quieter demand pulls prices down
Feed prices for barley and wheat have pulled back a little following an upward swing that started in November and ended in early December, said Travis Ebens of CorNine Commodities in Lacombe, Alta.
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