Chicago | Reuters — U.S. soybean futures rose for a second straight session on Tuesday as traders braced for a monthly U.S. government crop report due on Wednesday that is expected to project a smaller crop and tighter supplies, analysts said. Wheat futures rose as a drone strike on Ukraine’s Odesa port returned attention to […] Read more
U.S. grains: Soy climbs on supply worries ahead of USDA reports
Chicago wheat, corn also rise
Nutrien cuts output as West Coast port strike hits day 11
Longshore union, management met Monday night, source says
Ottawa | Reuters — The world’s biggest fertilizer producer Nutrien cut production on Tuesday, citing the impact of a 11-day-old strike in Canada’s Pacific ports whose cost has now ballooned to an estimated $6 billion. Some 7,500 dock workers represented by the International Longshore and Warehouse Union (ILWU Canada) walked off on July 1 after […] Read more
U.S. grains: Soy futures climb ahead of key USDA reports
CBOT December corn up, September wheat down
Chicago | Reuters — U.S. soybean futures rose about two per cent on Monday, bouncing off of a one-week low set Friday as traders positioned ahead of monthly crop reports due at midweek from the U.S. Department of Agriculture that are expected to project tighter U.S. supplies of the oilseed, traders said. Strength in global […] Read more
U.S. livestock: CME cattle end higher on firm cash values
Hogs settle lower off recent highs
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended modestly higher on Monday on follow-though buying from Friday and carry-over strength from last week’s strong cash cattle market. Cash cattle traded late last week as high as $184-$185 per hundredweight (cwt) in northern feedlot areas, traders said, up from sales of around $178-$182 […] Read more
U.S. livestock: CME live cattle climb on firmer cash market
Hogs down on technical selling
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied on Friday on tight fed cattle supplies and higher cash market sales in the central U.S. Plains and western Midwest, traders said. Beef packers were in need of cattle to fill near-term operations, including a large Saturday slaughter and a full week of production […] Read more
U.S. grains: Soybeans, corn drop on improved crop weather
CBOT September wheat also down
Chicago | Reuters — U.S. corn and soybean futures fell on Friday as recent welcome rains across the Midwest farm belt, and forecasts for more next week, aided crops that had been suffering under an early season drought. Soybeans, which notched a four-month high on Monday, ended down 1.9 per cent for the week, while […] Read more
U.S. grains: Corn firms on technicals, short-covering
Soybeans retreat; wheat futures consolidate
Chicago | Reuters — U.S. corn futures rose on Thursday on technical buying and short covering following a two-week slide that took prices to 2-1/2 year lows. Soybean futures fell in a profit-taking retreat from multi-month highs posted after the U.S. Department of Agriculture (USDA) unexpectedly slashed its U.S. plantings estimate and as recent rains […] Read more
U.S. livestock: CME live cattle ease on weak cash market
Lean hog futures mostly higher
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures declined on Thursday as a weak tone to the cash market and worries about slowing beef demand weighed on prices, traders said. Livestock traders were monitoring cash market activity at Plains feedlots, where fed cattle were lightly bid at $178/cwt, below the bulk of cash […] Read more
Thunder Bay grain shipments up on year
Less potash moved so far this year
MarketsFarm — Grain shipments through the Port of Thunder Bay are running well ahead of the previous year’s pace, according to updated data from the Lake Superior facility. Grain shipments through the end of June of about 2.5 million tonnes were up by 760,000 from the same point the previous year. Monthly shipments in June […] Read more
U.S. livestock: Cattle futures turn lower
Current-year hog futures higher
Chicago Mercantile Exchange live cattle and feeder cattle futures took a turn lower in resumed trading Wednesday while near-month hogs turned higher. Most-active August live cattle came back off the U.S. Independence Day break down for a second day off Friday’s three-week high, closing Wednesday at 174.95 cents/lb., down 1.875 cents from Monday (all figures […] Read more
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