Insights and Stories on Futures

ICE canola weekly outlook: Canola dips at midweek

Dec. 31, 2020 at 9:44 am CST

MarketsFarm – ICE Futures canola contracts were weaker on Wednesday, sustaining contract prices around C$630 over the Christmas holidays. The nearby January contract closed at C$629.20 per tonne on Dec. 30, just a few pennies lower than its Dec. 23 close of C$630.90. Ken Ball of PI Financial in Winnipeg, […]

Klassen: Lighter calves end year on positive tone

Dec. 29, 2020 at 9:23 am CST

By Jerry Klassen

ICE weekly outlook: Canola, soybeans – keep an eye on South America

Dec. 24, 2020 at 9:15 am CST

By Glen Hallick - MarketsFarm

Klassen: Fed cattle prices supporting calf market

Dec. 22, 2020 at 10:11 am CST

By Jerry Klassen

U.S. grains: Soybeans touch six-year high on Argentina strike, weather

Dec. 21, 2020 at 6:32 pm CST

By Christopher Walljasper

U.S. livestock: Cattle futures weaken on technical setback

Dec. 21, 2020 at 6:25 pm CST

Chicago | Reuters — U.S. live cattle futures eased on Monday, setting back on some mild technical selling after three days of gains, while hog futures edged higher, traders said. Chicago Mercantile Exchange (CME) February live cattle futures settled 0.2 cent lower at 114.65 cents/lb. (all figures US$). The contract […]

By Mark Weinraub

Funds sitting on large net long in canola

Dec. 18, 2020 at 7:08 pm CST

MarketsFarm — The net long position fund traders are holding in canola futures remains historically large, with almost all of the managed money in the market sitting on the long side, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money […]

By Phil Franz-Warkentin

U.S. grains: Soybeans touch 6-1/2 year high

Dec. 18, 2020 at 6:38 pm CST

Chicago | Reuters — U.S. soybean futures surged to their highest in 6-1/2 years on Friday as the rain outlook in key South American growing areas remained uncertain, threatening harvest prospects as global demand strengthens, traders said. Forecasts of low U.S. soybean inventories and strong demand from U.S. processors and […]

By Mark Weinraub

U.S. livestock: Cattle futures firm as cash market rebound seen

Dec. 18, 2020 at 6:23 pm CST

Chicago | Reuters — U.S. live cattle futures rose for the third day in a row on Friday, on expectations that the cash market would rebound from recent lows in the coming days. Traders also viewed a government report that showed cattle placements during November were down sharply from a […]

By Mark Weinraub

U.S. grains: Corn, wheat, soybeans rally with exports in focus

Dec. 17, 2020 at 6:48 pm CST

Chicago | Reuters — Chicago Board of Trade soybean and corn futures rose on Thursday, with soybeans soaring past the US$12 a bushel mark and hitting a fresh 4-1/2-year high after a strong weekly export report sparked a rally, traders said. The good demand for U.S. supplies highlighted concerns about […]

By Mark Weinraub