Insights and Stories on Prices

CBOT weekly outlook: Expect sideways trading during holiday season

Nov. 24, 2021 at 4:42 pm CST

MarketsFarm — Just as the United States enters its holiday season, starting with Thanksgiving, one analyst said movements on the Chicago Board of Trade (CBOT) will most likely be sideways for the balance of 2021. “There’s good weather in South America, maybe too much rain in Australia. We have to […]

U.S. grains: Markets retreat on pre-Thanksgiving liquidation

Nov. 24, 2021 at 3:43 pm CST

By Karl Plume

Klassen: Fed cattle prices down on the week

Nov. 24, 2021 at 12:00 am CST

By Jerry Klassen

U.S. livestock: Live cattle notch 4-1/2 year high

Nov. 23, 2021 at 5:16 pm CST

By Karl Plume

U.S. grains: Wheat rallies to nine-year peaks on supply worries

Nov. 23, 2021 at 3:52 pm CST

By Karl Plume

Pulse weekly outlook: Lentil prices steady to lower despite supply cuts

Nov. 23, 2021 at 12:18 pm CST

MarketsFarm — Just like many other crops in Western Canada, lentil production was cut sharply due to this year’s drought. Canada’s lentil crop was reduced by 37.2 per cent to 1.802 million tonnes for the 2021-22 marketing year, according to Agriculture and Agri-Food Canada’s (AAFC) principal crop estimates from Friday. […]

By Adam Peleshaty

U.S. livestock: Live cattle notch 4-1/2-year high

Nov. 22, 2021 at 6:11 pm CST

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) climbed for a fourth straight session on Monday, with front-month contract hitting a fresh 4-1/2-year high on strong demand. Lean hog futures also firmed, supported by good demand. Lighter-than-normal trading volumes aided livestock futures’ advance on Monday, […]

By Karl Plume

U.S. grains: Wheat soars to nine-year peak on supply concerns, strong demand

Nov. 22, 2021 at 6:05 pm CST

Chicago | Reuters — U.S. wheat futures rallied to their highest in nearly nine years on Monday as ill-timed rains in Australia and rising Russian wheat prices stoked concerns about tightening supplies among the world’s top exporters. Corn and soybeans followed wheat higher, with additional support from a waning U.S. […]

By Karl Plume

U.S. livestock: Cattle futures up for third straight day

Nov. 19, 2021 at 4:45 pm CST

Chicago | Reuters — CME Group cattle futures rose for a third day in a row on Friday, with the front-month live cattle contract hitting a fresh 4-1/2-year high on strong cash markets and rising slaughter numbers. Hog futures were weaker on technical selling. CME’s most-active February live cattle contract […]

By Reuters

U.S. grains: Wheat firms with exports in focus

Nov. 19, 2021 at 4:21 pm CST

Chicago | Reuters — U.S. wheat futures rose on Friday, with strong buying interest by importers keeping prices near the multi-year highs hit earlier this week. Corn and soybean futures fell but the market was underpinned by strength in the cash market as grain dealers tried to entice U.S. farmers […]

By Mark Weinraub