Insights and Stories on Markets

Oct. 29, 2024 at 9:12 am CDT

For the week ending 26, Western Canadian calf markets were up $8-$12/cwt on average compared to seven days earlier. Pee-wee calves were up $20-$25/cwt compared to the prior week. Finishing feedlot operators were active buyers in all weight categories while backgrounders were cleaning up on smaller packages of calves under 550 pounds. 

By Jerry Klassen

Oct. 28, 2024 at 6:55 pm CDT

Chicago Board of Trade soybean futures fell on Monday as crude oil prices dipped and harvest pressure dragged down soy and corn prices, market analysts said.

By Renee Hickman, Reuters

Oct. 28, 2024 at 5:32 pm CDT

Chicago Mercantile Exchange live and feeder cattle futures rose on Monday on fund buying and strong demand for beef, even as the red meat has become more expensive to consumers, said analysts.

By Renee Hickman, Reuters

Oct. 28, 2024 at 2:45 pm CDT

As wheat production in Argentina is projected to increase in 2024/25, according to the United States Department of Agriculture attaché in Buenos Aires, the country’s corn output is to be smaller than in the previous year.

By Glen Hallick - MarketsFarm

Oct. 28, 2024 at 1:29 pm CDT

The net fund short position in canola fell to its lowest level in six months during the week ended Oct. 22, as speculators covered bearish bets and put on new longs, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

By Phil Franz-Warkentin