Insights and Stories on Markets

Klassen: Feeder market continues to consolidate

Sep. 12, 2023 at 9:19 pm CDT

Compared to last week, western Canadian grass yearling prices were relatively unchanged. Yearlings over 800 lbs. on light grain rations or on diets mixed with silage were priced at $5 to as much as $20 discount to those cattle coming straight off pasture. Larger groups of uniform quality continue to […]

U.S. grains: Futures sharply lower on U.S. harvest outlook

Sep. 12, 2023 at 5:27 pm CDT

By Zachary Goelman

U.S. grains: Corn choppy, wheat hits new contract low

Sep. 11, 2023 at 6:33 pm CDT

By P.J. Huffstutter

U.S. grains: Wheat hits three-month low

Sep. 8, 2023 at 5:44 pm CDT

By Tom Polansek

Feed weekly outlook: Harvest pressure keeps lid on prices

Sep. 7, 2023 at 7:21 pm CDT

By Glen Hallick - MarketsFarm

U.S. grains: Soy futures stumble as trade awaits harvest, crop data

Sep. 7, 2023 at 4:39 pm CDT

Chicago | Reuters — U.S. soybean futures fell on Thursday as grain traders waited for farmers to harvest their fields and the government to release updated crop estimates next week. Most-active soybean futures ended down 16-3/4 cents at $13.59-1/2 a bushel at the Chicago Board of Trade (all figures US$). […]

By Tom Polansek

ICE weekly outlook: Little downside for canola, trader says

Sep. 6, 2023 at 6:23 pm CDT

MarketsFarm — After trading rangebound during the week before the Labour Day long weekend, canola started the month of September by taking a tumble. The November canola contract stayed between $800-$821 per tonne from Aug. 24 to Sept. 1, with closing prices between $809-$812/tonne. When ICE Futures resumed trading Tuesday, […]

By Adam Peleshaty

CBOT weekly outlook: Poor crop ratings keep soy, corn supported

Sep. 6, 2023 at 5:40 pm CDT

MarketsFarm — Hot and dry weather conditions cutting into crop ratings for soybeans and corn in the U.S. could see prices for both crops rise above nearby chart resistance levels, although the looming harvest may temper the upside potential. Both soybeans and corn were rated 53 per cent good-to-excellent in […]

By Phil Franz-Warkentin

U.S. grains: Soy futures jump as heat, dryness hurt crop more than expected

Sep. 6, 2023 at 4:29 pm CDT

Chicago | Reuters — Chicago Board of Trade soybean futures jumped on Wednesday after weekly U.S. government data showed crop conditions deteriorated more than expected during hot, dry weather. Reduced crop ratings fuelled expectations among traders that the U.S. Department of Agriculture may cut its yield forecast in a monthly […]

By Tom Polansek

U.S. grains: Wheat up off three-month low as Australian crop declines

Sep. 5, 2023 at 6:01 pm CDT

Chicago | Reuters — Chicago Board of Trade wheat futures edged higher on Tuesday, after hitting a three-month low, amid short covering and concerns about dry weather threatening production in export hubs including Australia. Corn futures also rose, while the soybean market eased as traders awaited the start of U.S. […]

By Tom Polansek