Insights and Stories on Futures

ICE weekly outlook: Canola will follow soyoil up or down

Jun. 14, 2023 at 8:01 pm CDT

MarketsFarm — Although canola prices have been somewhat erratic over the last weeks, they along with other oilseeds have generally rebounded, according to trader Ken Ball of PI Financial in Winnipeg. Ball commented there has been a good amount of short-covering in soyoil at the Chicago Board of Trade, as […]

U.S. grains: Corn, soy, wheat futures sag on demand worries

Jun. 14, 2023 at 7:48 pm CDT

By Julie Ingwersen

U.S. livestock: CME live cattle fall on technical selling

Jun. 14, 2023 at 7:41 pm CDT

By Julie Ingwersen

CBOT weekly outlook: Weather market for soy, corn

Jun. 14, 2023 at 4:40 pm CDT

By Phil Franz-Warkentin

U.S. livestock: CME live cattle end up as beef prices rise

Jun. 13, 2023 at 8:06 pm CDT

By Julie Ingwersen

U.S. grains: Soybeans reach one-month high on weather woes

Jun. 13, 2023 at 6:02 pm CDT

Chicago | Reuters –– U.S. soybean futures hit a one-month high on Tuesday on worries about dry conditions in the Midwest hurting crop prospects and spillover strength from crude oil, traders said. Corn futures were mostly higher on the Midwest weather jitters, but the nearby July contract fell on profit-taking […]

By Julie Ingwersen

Klassen: Feeder cattle under 500 lbs. jump over $400

Jun. 12, 2023 at 10:08 pm CDT

Compared to last week, western Canadian yearling prices for 800-lb.-plus cattle traded $8-$10/cwt higher. Feeder cattle in the range of 600-800 lbs. were up $6-$8/cwt on average. Calves weighing 500-600 lbs. were unchanged to $10 higher, although supplies were limited. Feather-light calves under 500 lbs. traded $10 to as much […]

By Jerry Klassen

Fund short position grows in canola

Jun. 12, 2023 at 9:12 pm CDT

MarketsFarm — The speculative short position in canola grew to is largest level in nearly three months in early June, as investors covered longs and put on more bearish bets, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Tuesday (June […]

By Phil Franz-Warkentin

U.S. livestock: CME lean hogs extend climb on bargain-buying

Jun. 12, 2023 at 7:39 pm CDT

Chicago | Reuters — Benchmark lean hog futures on the Chicago Mercantile Exchange set a one-month high on Monday on short-covering and bargain-buying as the July contract extended its rebound from life-of-contract lows set in late May, traders said. CME July lean hogs settled up 1.975 cents at 91.6 cents/lb. […]

By Julie Ingwersen

U.S. grains: Corn climbs on dry conditions

Jun. 12, 2023 at 6:09 pm CDT

Chicago | Reuters — U.S. corn futures rose to a nearly two-month high on Monday as traders fretted about disappointing weekend rains and dry conditions stressing crops in portions of the Midwest crop belt, analysts said. Wheat futures followed, finding additional support from rising tensions in the Black Sea region. […]

By Julie Ingwersen