Insights and Stories on Markets

USDA to resurrect monthly soybean crush report

Jan. 23, 2014 at 6:13 am CST

Chicago | Reuters –– The U.S. Department of Agriculture will bring back a much-sought-after monthly oilseeds reports eliminated two years ago due to federal belt-tightening, the director of a key USDA statistical agency said on Wednesday. The Congressional budget legislation passed last week gives USDA’s National Agricultural Statistics Service the […]

ICE weekly outlook: Lower loonie may limit canola’s losses

Jan. 23, 2014 at 6:08 am CST

By Terryn Shiells

U.S. livestock: CME live cattle score new high with cash, beef prices

Jan. 22, 2014 at 9:14 pm CST

By Theopolis Waters

U.S. grains: Soybeans rebound from two-month low

Jan. 22, 2014 at 8:15 pm CST

By Karl Plume

Feds, grain groups back project to gauge grain traffic flow

Jan. 22, 2014 at 2:14 am CST

U.S. livestock: CME live cattle set record high with beef prices

Jan. 21, 2014 at 5:57 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures reached a new high on Tuesday, fueled by short-covering as beef prices sustained their record pace, traders and analysts said. Tuesday morning’s wholesale choice beef price was $239.57 per hundredweight (cwt) in light sales volume, leaping $3.01 from Monday to […]

By Theopolis Waters

U.S. grains: Soybeans drop as heat-stressed Argentine crop gets rain

Jan. 21, 2014 at 4:14 pm CST

Chicago | Reuters — U.S. soybean futures slumped nearly three per cent on Tuesday in the steepest slide since mid-November as forecasts for rain in Argentina eased concerns about hot, dry weather cutting soy crop yields from the major exporter. Wheat hovered near a recent 3-1/2 year low, anchored by […]

By Karl Plume

Prairie wheat bids holding steady

Jan. 20, 2014 at 3:52 pm CST

Western Canadian wheat cash bids and basis levels were holding steady along with the U.S. futures markets during the week ending Monday. Average spot bids for Canada Western Red Spring (CWRS) at 13.5 per cent protein across Manitoba, Saskatchewan and Alberta came in at around $160 per tonne ($4.36 per […]

By Terryn Shiells

Canada, Korea in ‘tremendous’ free trade talks: Ritz

Jan. 20, 2014 at 3:35 pm CST

Canada and South Korea are having “tremendous discussions” toward a free-trade agreement, said Canada’s Agriculture Minister Gerry Ritz — a deal that could increase trade in meat and autos. Talks began in 2005, but were later hung up over disputes such as a delay in South Korea scrapping its ban […]

By Rod Nickel

Klassen: Feeder cattle continue to climb

Jan. 20, 2014 at 8:02 am CST

Western Canadian feeder cattle prices were $5 to $8 per hundredweight (cwt) higher on average, compared to seven days earlier, and are a solid $15/cwt higher relative to average values in December. Most auction barns are now back to regular sales after the holiday season and larger volumes allowed buyers […]

By Jerry Klassen