Insights and Stories on Markets

U.S. livestock: CME hogs slide on weak cash price expectations

Dec. 17, 2013 at 6:16 pm CST

Chicago Mercantile Exchange hog futures fell on Tuesday in anticipation of weaker cash prices as packer demand fades before the Christmas and New Year’s holidays, traders said. A small number of hogs in the Western corn belt, on average, traded on Tuesday morning at $73.97 per hundredweight (cwt). That price, […]

U.S. grains: Soy up for third day on meal exports, cash meal

Dec. 17, 2013 at 5:45 pm CST

By Sam Nelson

U.S. livestock: Beef quotes send CME live cattle higher

Dec. 16, 2013 at 6:24 pm CST

By Theopolis Waters

U.S. grains: Wheat hits contract lows

Dec. 16, 2013 at 6:09 pm CST

By Mark Weinraub

Prairie wheat bids down with U.S. futures

Dec. 16, 2013 at 5:40 pm CST

By Terryn Shiells

Klassen: Year-end buying underpins feeder market

Dec. 15, 2013 at 2:50 am CST

Western Canadian feeder cattle values were steady to $2 per hundredweight (cwt) higher last week as year-end pent-up demand stepped forward more aggressively. While winter conditions tempered buying enthusiasm from major feedlot operators, there appeared to be more interest from the small farmer/feedlot operator that will place cattle in the […]

By Jerry Klassen

Pea crop not quite as big as expected

Dec. 14, 2013 at 2:51 am CST

Canada’s pea crop may be record-large this year, but some industry officials expected it to be even bigger than what Statistics Canada estimated in its production report on Dec. 4. StatsCan pegged Canadian pea production for 2013-14 at 3.849 million tonnes in the Dec. 4 report, up from the 3.341 […]

By Terryn Shiells

Stopgap farm bill passes U.S. House, averts ‘dairy cliff’

Dec. 14, 2013 at 2:17 am CST

The U.S. House of Representatives passed a stopgap farm measure on Thursday to avert a potential doubling in dairy prices next month while lawmakers wrap up a new farm bill that cuts food stamps for the poor and expands subsidized crop insurance. Lawmakers passed the bill, which extends current law […]

Syria tender for food calls for payment from Iran

Dec. 13, 2013 at 7:14 pm CST

Syria tendered to import food on Friday using a credit line from Iran’s export bank, in what could be a test of last month’s landmark deal to ease Western financial sanctions on Tehran. Sanctions also imposed on Syrian President Bashar al-Assad’s government do not cover food but those on banking, […]

By Jonathan Saul Michael Hogan

U.S. grains: Corn dips again as China rejects U.S. cargoes

Dec. 13, 2013 at 6:02 pm CST

U.S. corn futures fell two per cent on Friday, their biggest single-day drop in nearly a month, on concerns about U.S. sales to China, a proposal to eliminate the U.S. ethanol mandate and the big global stockpile of the feed grain. Wheat fell to its lowest in 1-1/2 years on […]

By Julie Ingwersen Sam Nelson