Insights and Stories on Futures

Klassen: Western Canadian yearling prices hit fresh record highs

Jul. 30, 2024 at 9:23 am CDT

The year-over-year decline in last year’s calf crop has caused the market to set new records. Larger finishing feedlots are setting the price structure as many of these lots have seasonal low inventory. The quality of yearlings coming off grass is excellent with buyers shopping for feed efficiencies.

U.S. grains: Soy tumbles to 2020 lows as rains seen aiding US crops

Jul. 29, 2024 at 5:12 pm CDT

By Renee Hickman Reuters

U.S. livestock: Lean hog, cattle futures turn lower on demand questions

Jul. 29, 2024 at 4:22 pm CDT

By P.J. Huffstutter Reuters

Exterior of the Chicago Board of Trade building.

U.S. grains: Soy tumbles as U.S. rain forecast offers relief

Jul. 26, 2024 at 5:24 pm CDT

By Renee Hickman Reuters

U.S. livestock: Feeder cattle gain strength as corn prices plunge

Jul. 26, 2024 at 5:20 pm CDT

By Renee Hickman Reuters

U.S. livestock: Lean hog futures firm on technical trade; cattle futures mixed

Jul. 24, 2024 at 4:30 pm CDT

Chicago Mercantile Exchange (CME) lean hog futures ticked up on technical trading on Wednesday, while cattle futures were mixed to lower, analysts said.

By Renee Hickman Reuters

U.S. grains: Chicago grains firm as forecasts call for hot, dry weather

Jul. 24, 2024 at 4:27 pm CDT

Chicago wheat and corn gained strength on Wednesday as the market monitored a hot, dry spell forecast in parts of North America, but gains were capped by sizeable global supplies.

By Renee Hickman Reuters

U.S. livestock: Technical trading sends CME livestock futures higher

Jul. 23, 2024 at 4:44 pm CDT

Chicago Mercantile Exchange (CME) livestock futures turned higher on Tuesday, with cattle futures continuing to firm amid signals that cash market prices may ease, market analysts said.

By P.J. Huffstutter Renee Hickman Reuters

U.S. grains: Soybeans, corn touch two-week highs on short-covering, weather

Jul. 23, 2024 at 3:50 pm CDT

The price rally in Chicago Board of Trade (CBOT) corn futures extended into a second day on Tuesday, with the most-active contract Cv1 reaching a two-week high, as traders began to focus on weather-related impacts on the U.S. crop and short-covering, market analysts said.

By P.J. Huffstutter Reuters

Klassen: Feeder market leaps higher

Jul. 23, 2024 at 9:26 am CDT

For the week ending July 20, Western Canadian yearlings traded $8-$15 above prices from seven days earlier. Values for larger groups of quality calves were up $8 to $10 from a week earlier while run of the mill smaller packages were relatively unchanged.

By Jerry Klassen