Insights and Stories on Prices

U.S. grains: Wheat extends slide as Omicron worries mount

Nov. 30, 2021 at 8:40 pm CST

Chicago | Reuters — Chicago wheat prices fell to a nearly three-week low on Tuesday, as concerns that the spread of the Omicron coronavirus variant could slow the global economy drove investors to reduce risk exposure. The entire grains complex felt pressure early in the session, after Moderna’s CEO cautioned […]

U.S. livestock: CME live cattle fall from highs as Omicron rattles markets

Nov. 30, 2021 at 8:34 pm CST

By Tom Polansek

Klassen: Feeder market making seasonal lows

Nov. 30, 2021 at 5:28 am CST

By Jerry Klassen

U.S. livestock: Cattle post new highs, retreat on profit-taking

Nov. 29, 2021 at 7:33 pm CST

By Karl Plume

U.S. grains: Wheat drops as U.S. dollar edges higher

Nov. 29, 2021 at 7:27 pm CST

By Karl Plume

U.S. grains: New COVID variant scares markets

Nov. 26, 2021 at 7:05 pm CST

Chicago | Reuters — U.S. soybean futures fell Friday as news of a new COVID-19 variant discovered in South Africa sent oil and equities markets lower, with moves exaggerated by low trade volume across the grain and oilseed commodities. Chicago Board of Trade January soybeans lost 13-3/4 cents, at $12.52-3/4 […]

By Christopher Walljasper

U.S. livestock: CME live cattle futures set new contract highs

Nov. 26, 2021 at 6:53 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set new highs on Friday and finished stronger on technical buying and firm cash prices, traders said. The front-month December contract and most-active February 2022 contract avoided losses seen in commodities such as crude oil and soybeans that were unnerved […]

By Tom Polansek

Feed weekly outlook: Prairie grains remain firm

Nov. 25, 2021 at 5:56 pm CST

MarketsFarm — Feed grain prices in Western Canada remain strong in late November, although looming corn imports from the U.S. should keep a lid on the upside. Feed barley in Alberta is currently topping out at $9.78 per bushel, with feed wheat above $12 in some cases, according to Prairie […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola market strong but choppy

Nov. 24, 2021 at 6:36 pm CST

MarketsFarm — Nearby ICE Futures canola contracts climbed to fresh highs during the week ended Wednesday, while= deferred months moved lower. The new-crop November 2022 contract had overshot to the upside and was due for a correction, said Keith Ferley of RBC Dominion Securities in Winnipeg. Any weakness would likely […]

By Phil Franz-Warkentin

U.S. livestock: Live cattle hit fresh high

Nov. 24, 2021 at 5:32 pm CST

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures rose for a sixth consecutive session on Wednesday, and the front-month contract touched its highest point in four-and-a-half years, on higher cash market prices and strong beef demand. Most contracts posted life-of-contract highs, extending a multi-session rally, amid rising […]

By Karl Plume