Insights and Stories on Markets

U.S. grains: Wheat hits contract lows

Dec. 16, 2013 at 6:09 pm CST

U.S. wheat futures fell 1.1 per cent on Monday, hitting new contract lows because of plentiful global supplies and a wave of technical selling, traders said. Corn futures also fell, but soybeans firmed on bargain buying following a weak start. Chicago Board of Trade soft red winter wheat notched the […]

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

By Jerry Klassen

Pea crop not quite as big as expected

Dec. 14, 2013 at 2:51 am CST

By Terryn Shiells

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

Dec. 14, 2013 at 2:17 am CST

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

U.S. livestock: Lower cash prices drop CME live cattle futures

Dec. 13, 2013 at 5:44 pm CST

Chicago Mercantile Exchange live cattle on Friday settled lower as weaker-than-expected cash prices and sluggish wholesale beef demand weighed, traders said. Cash cattle in Texas and Kansas traded at $131 per hundredweight (cwt), down $1 from a week ago, according to feedlot sources (all figures US$). Friday afternoon’s wholesale choice […]

By Theopolis Waters

U.S. livestock: Feeder cattle futures hit two-month high

Dec. 13, 2013 at 5:14 am CST

Chicago Mercantile Exchange’s feeder cattle futures climbed to a two-month high on Thursday as corn prices slumped amid ethanol mandate worries, traders and analysts said. January feeder cattle ended 1.4 cents per pound higher at 167.075 cents, and March closed at 166.55 cents, up 1.05 cents (all figures US$). Chicago […]

By Theopolis Waters

U.S. grains: Corn eases on proposal to nix ethanol mandate

Dec. 12, 2013 at 6:29 pm CST

U.S. corn futures fell on Thursday, notching the biggest one-day loss since mid-November, after a group of U.S. senators proposed ending that country’s mandate to use corn-based ethanol. Corn also eased on concerns about the fate of U.S. corn sales to China after the country began rejecting cargoes containing an […]

By Sam Nelson