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Tag Archives markets


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Quality yearlings lead feeder complex higher

By Jerry Klassen June 18, 2024
Western Canadian feeder cattle markets were quoted $5 lower to $5 higher on average in the week ending June 15. However, quality packages of yearlings traded $5 to as much as $10 above week-ago levels 

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Grain futures slump, as wheat drops to 8-week low

By P.J. Huffstutter, Reuters June 17, 2024
Chicago Board of Trade wheat and soybean futures fell sharply on Monday, with wheat at a near two-month low as fund selling pressure rolled into a short holiday trading week, traders said.


(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Wheat marks biggest weekly loss in nearly a year as Turkey bans imports

By Heather Schlitz, Reuters June 7, 2024
Chicago wheat futures Wv1 fell for an eighth day on Friday for their lowest close in a month after Turkey said it would halt wheat imports in a blow to the global demand outlook.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets, Reuters

U.S. grains: Corn and soy futures rise on new Brazilian tax rule

By Heather Schlitz, Reuters June 6, 2024
Chicago Board of Trade corn Cv1 and soybean Sv1 futures rose on Thursday as news of tighter rules on industry tax credits in Brazil made traders and producers hopeful that it could boost U.S. export business, traders said.


(Medioimages/Photodisc/Getty Images)
Markets

CBOT Weekly: Selling, crop conditions drive price drops

By Adam Peleshaty - MarketsFarm June 5, 2024
Wheat prices led the way as the July Chicago contract fell 46 cents per bushel at US$4.46. The July Kansas City hard red wheat contract dropped 43.5 cents at US$6.7625/bu., while the July Minneapolis spring wheat contract lost 39.5 cents at US$7.1250/bu.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Wheat falls as U.S. Plains harvest advances, Russia concerns ease

By Heather Schlitz, Reuters June 5, 2024
Chicago benchmark wheat Wv1 futures fell on Wednesday for the sixth day in a row, as progress in the U.S. winter harvest weighed on prices and concerns eased over the Russian crop, traders said.


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Corn, soy down as traders weigh weather and planting progress

By Heather Schlitz, Reuters June 4, 2024
Chicago Board of Trade corn and soy dipped in choppy trade on Tuesday as traders weighed U.S. planting progress and strong corn ratings with adverse weather in importer Mexico and downgrades to soybean harvest forecasts in major exporter Brazil.

Photo: File
Livestock, Markets

Klassen: Feeder market hard to define on smaller volumes

By Jerry Klassen June 4, 2024
For the week ending June 1, Western Canadian feeder cattle markets were relatively unchanged compared to the previous week. It’s that time of year when volumes are limited and the market can be quite variable from region to region.


Photo: JJ Gouin/iStock/Getty Images Plus
Markets, Reuters

U.S. grains: Corn and soy slip on positive crop progress outlook

By Heather Schlitz, Reuters June 3, 2024
Chicago Board of Trade corn and soybean futures fell on Monday on shaky demand, technical trading and expectations of strong seeding progress and crop condition for corn later in the day, traders said.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets, Reuters

U.S. grains: Wheat, corn futures end week lower with Russian crop in focus

By Heather Schlitz, Reuters May 31, 2024
Forecasts for a smaller Russian wheat harvest due to persistent drought and frost pushed prices to a 10-month high of $7.20 a bushel this week. But by Friday, traders were less concerned about how much relief the well-timed rains might give the country's crop, analysts said.


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