Insights and Stories on Prices

U.S. livestock: CME live cattle follow boxed beef lower

Aug. 30, 2021 at 8:09 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures sagged on Monday as beef prices fell and brokers worried that U.S. demand for steaks and hamburgers will decline after the upcoming Labour Day holiday weekend. Beef prices have softened after reaching their highest price since May 2020 last week […]

StatsCan confirms Canada’s crop production down in 2021

Aug. 30, 2021 at 2:06 pm CDT

By Phil Franz-Warkentin

U.S. livestock: CME lean hogs rise, narrowing discount to cash market

Aug. 27, 2021 at 5:23 pm CDT

By Karl Plume

Feed weekly outlook: No surprises in latest barley numbers

Aug. 26, 2021 at 4:42 pm CDT

By Glen Hallick - MarketsFarm

U.S. livestock: CME cattle futures ease as beef prices cool

Aug. 25, 2021 at 7:13 pm CDT

By Christopher Walljasper

Klassen: Higher input costs limit upside for feeder cattle market

Aug. 25, 2021 at 11:13 am CDT

Compared to last week, Western Canadian yearling prices were quite variable trading $5 higher to as much as $6 lower. Calf prices have been consolidating over the past couple weeks and once again traded $3 to $4 on either side of unchanged. Strong demand was evident for 800-pound-plus yearlings fresh […]

By Jerry Klassen

Pulse weekly outlook: Lentils up on lower production, stronger demand

Aug. 24, 2021 at 7:11 pm CDT

MarketsFarm — As with so many other crops on the Prairies, production of lentils will be lower this year due to the drought. However, MarketsFarm Pro senior analyst Mike Jubinville said the lentil crop likely fared a bit better than cereals or oilseeds. Earlier this year, Statistics Canada projected lentil […]

By Glen Hallick - MarketsFarm

Deere lifts 2021 forecast on solid equipment demand

Aug. 20, 2021 at 7:32 pm CDT

Reuters — Deere and Co. on Friday raised its full-year earnings forecast after quarterly profit topped Wall Street estimates on the back of strong demand for farm and construction equipment. The world’s largest farm equipment manufacturer now expects net income in fiscal 2021 to be between $5.7 billion and $5.9 […]

By Rajesh Kumar Singh Sanjana Shivdas

Prairie cash wheat: Big jump for durum

Aug. 20, 2021 at 7:04 pm CDT

MarketsFarm — Wheat bids in Western Canada for the week ended Thursday were higher for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats, while there were sharp increases for Canada Western Amber Durum (CWAD). Gains in U.S. wheat markets supported values, as did a steep drop […]

By Glen Hallick - MarketsFarm

U.S. livestock: CME cattle rebound on improving cash markets, beef prices

Aug. 20, 2021 at 6:39 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange rebounded from prior-session losses on Friday, supported by signs of improving cash cattle prices and firming wholesale beef values, traders said. Prices, however, continued to struggle to break out of their recent trading range as concerns about slowing […]

By Karl Plume