Insights and Stories on Markets

Klassen: Strength in fed cattle leads feeder market higher

Jun. 28, 2014 at 5:24 pm CDT

Fed cattle values jumped in Canada and the U.S. this past week, which led the feeder market higher on both sides of the border. Alberta packers were buying fed cattle at $153.50 per hundredweight (cwt), up from $150/cwt earlier in June. Cattle trade in the U.S. Southern Plains occurred in […]

PEDv shrinks March-May U.S. hog herd more than expected

Jun. 27, 2014 at 7:02 pm CDT

By Theopolis Waters

U.S. livestock: CME hogs up on short-covering before USDA report

Jun. 27, 2014 at 6:57 pm CDT

By Theopolis Waters

U.S. grains: Soybeans slide on profit-taking before crop reports

Jun. 27, 2014 at 6:43 pm CDT

By Tom Polansek

StatsCan raises canola acreage, but actual area likely lower

Jun. 27, 2014 at 6:03 pm CDT

By Terryn Shiells

U.S. grains: Soybeans hit two-week high on strong export sales

Jun. 26, 2014 at 7:49 pm CDT

Chicago | Reuters — U.S. soybean futures jumped to a two-week high on Thursday as stronger-than-expected export sales re-ignited concerns about dwindling old-crop supplies. Corn futures advanced for the first time in four sessions, while wheat gained for a second straight session, bouncing from a four-month low set early on […]

By Tom Polansek

U.S. livestock: Cash price outlook lift CME live cattle to record high

Jun. 26, 2014 at 7:45 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday hit their highest level ever in anticipation of strong prices for market-ready, or cash, cattle led by record-high beef values, traders said. “Retail beef demand has been on a tear while feeding the bulls in the cattle pit, […]

By Theopolis Waters

U.S. livestock: Profit-taking drags down CME hog futures

Jun. 25, 2014 at 7:21 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures fell hard on profit-taking after spiking to a new high driven by record-high wholesale pork values and strong prices for slaughter-ready hogs, traders said. Wednesday morning’s wholesale pork price, or cutout, surged $2.51 per hundredweight (cwt) from Tuesday to $134.04, surpassing […]

By Theopolis Waters

U.S. grains: Wheat bounces off four-month low

Jun. 25, 2014 at 7:16 pm CDT

Chicago | Reuters — U.S. wheat futures rose as buyers entered the market after prices hit a four-month low on Wednesday, while corn futures slipped for a third consecutive session on expectations for a bumper U.S. harvest. Wheat rebounded after crumbling recently under sustained pressure due to the advancing U.S. […]

By Tom Polansek

Egypt expanding efforts to ease food subsidy costs

Jun. 25, 2014 at 5:22 am CDT

Cairo | Reuters — Egypt is expanding its use of modern technology to tackle decades-old problems of corruption and waste in its costly food subsidies system as the government pursues reforms to ease the strain on state finances. Supplies Minister Khaled Hanafi said some 25 million Egyptian families who already […]

By Maggie Fick