Insights and Stories on Markets

Mustard acres at a high, eyeing blooming stage

Jul. 10, 2014 at 6:12 pm CDT

CNS Canada –– Canadian mustard acreage is at a high right now, and the crop has avoided the bulk of the damage from the excessive precipitation in the past few weeks — but a late start may still impact crop yields. The seeded acreage report released June 27 by Statistics […]

Stay of default granted on Prairie growers’ cash advances

Jul. 10, 2014 at 5:38 pm CDT

By Staff

Ukraine questions legal basis of Crimea’s grain exports

Jul. 10, 2014 at 4:01 pm CDT

U.S. grains: New-crop corn hits fresh low on big crop outlook

Jul. 10, 2014 at 3:58 pm CDT

By Tom Polansek

U.S. livestock: Cash price drop rattles CME live cattle

Jul. 10, 2014 at 3:50 pm CDT

By Theopolis Waters

ICE weekly outlook: Canola to fall along with soybeans

Jul. 9, 2014 at 6:38 pm CDT

CNS Canada — Canola futures on the ICE Futures Canada trading platform were slightly weaker during the week ended Wednesday, but managed to hold up better than the Chicago soybean market. Worries about flood damage to canola crops in parts of southwestern Manitoba and southeastern Saskatchewan prevented prices from dropping […]

By Terryn Shiells

U.S. senators urge probe of report that oil companies blocked ethanol

Jul. 9, 2014 at 6:32 pm CDT

Washington | Reuters — Two U.S. farm-state senators on Wednesday urged federal regulators to investigate allegations raised by a biofuel trade group that the oil industry uses “strong-arm tactics” to prevent widespread use of higher blends of ethanol in gasoline. A report from the Renewable Fuels Association this week said […]

By ayesha-rascoe

U.S. livestock: Fund liquidation sinks CME live cattle

Jul. 9, 2014 at 6:26 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures on Wednesday closed lower, pressured by fund liquidation that erased short-covering advances early in the session, traders said. More selling developed after the August and October contracts slipped below their respective 10-day moving averages of 152.31 and 155.03 cents, which […]

By Theopolis Waters

Drozd: Livestock producers look ahead to lower meal costs

Jul. 9, 2014 at 6:06 pm CDT

To the relief of livestock producers, soybean meal prices have started to soften. At the end of May, a harami alerted producers to a downturn in the meal market. A harami is a reversal pattern often seen on a candlestick chart. This particular harami materialized at the height of the […]

By David Drozd

U.S. grains: New-crop corn sets new contract low on ideal weather

Jul. 9, 2014 at 3:31 pm CDT

Chicago | Reuters — U.S. new-crop corn futures fell to a new contract low below US$4 a bushel on Wednesday as forecasts for nearly ideal crop weather raised expectations for record harvests. New-crop soybean futures dropped to their lowest level since early February, while wheat futures joined corn in setting […]

By Tom Polansek