Insights and Stories on Markets

Nov. 3, 2014 at 9:13 am CST

Western Canadian feeder cattle prices reflected a mixed tone over the past week with values $3 to $5 higher on vaccinated preconditioned calves; unvaccinated calves just off their mothers were $3/cwt to as much as $10/cwt lower in some cases. Yearling prices were also quite variable by as much as […]

By Jerry Klassen

Oct. 31, 2014 at 4:44 pm CDT

Chicago / Reuters – Chicago Mercantile Exchange live cattle ended lower on Friday, pressured by lower cash cattle prices and weaker overall commodities market, traders said. “The morning beef prices were not good, but commodities in general had a rough day and cattle aren’t immune to those changes,” said Dominic Varricchio, commodities broker at Schwieterman, […]

By Meredith Davis

Oct. 31, 2014 at 4:34 pm CDT

Chicago / Reuters – U.S. soymeal climbed 2 per cent on Friday, capping the commodity’s best monthly performance since 1976, as short-term supply strains in the United States continued to fuel buying. Soybeans also rose sharply and corn turned higher late, following gains in soymeal, while wheat declined on pressure from multiyear highs in the dollar […]

By Michael Hirtzer

Oct. 31, 2014 at 10:22 am CDT

Commodity News Service Canada – A surge in soybean values at a time when supplies are at a record level shouldn’t be mistaken for a breakdown in fundamental factors affecting supply and demand, according to the chief economist for AgResource. “The soybean market has gone up 12 to 13 per […]

By Dave Sims

Oct. 31, 2014 at 8:31 am CDT

Reuters  — Crop watchers have raised concerns that the massive harvest of soybeans in the United States may not contain enough protein for optimal soymeal production, forcing processors to scramble to find supplies suitable for crushing. A protein shortfall, stemming from a rainy spring and dry conditions as crops neared maturity, […]

By Mark Weinraub