Insights and Stories on Prices

CBOT weekly outlook: Markets react bullishly to USDA report

Oct. 12, 2023 at 4:38 pm CDT

MarketsFarm — Most of the October world agricultural supply/demand estimates (WASDE) released Thursday from the U.S. Department of Agriculture (USDA) came out lower than trade expectations, causing price jumps on the Chicago Board of Trade (CBOT). “Many people were not expecting a major (average) yield change,” Ryan Ettner, trader for […]

Feed weekly outlook: Demand for feed grains ‘in a lull’

Oct. 11, 2023 at 7:50 pm CDT

By Adam Peleshaty

Pulse weekly outlook: Smaller yields than last year in Saskatchewan

Oct. 11, 2023 at 7:40 pm CDT

By Adam Peleshaty

U.S. livestock: Chicago cattle turn higher

Oct. 11, 2023 at 7:27 pm CDT

By Dave Bedard

U.S. grains: Chicago soy touches 22-month low ahead of USDA report

Oct. 11, 2023 at 5:59 pm CDT

By Zachary Goelman

U.S. livestock: Live cattle mostly lower

Oct. 10, 2023 at 6:26 pm CDT

Most-active December live cattle on the Chicago Mercantile Exchange (CME) turned lower for a second day in a row Tuesday, as did lean hog and deferred-month feeder cattle futures. December live cattle closed Tuesday at 185 cents/lb., down 0.35 cent on the day, while lightly-traded front-month October ended up 0.2 […]

By Dave Bedard

U.S. grains: Soybeans lifted by bright report on export demand

Oct. 10, 2023 at 5:54 pm CDT

New York | Reuters — Chicago soybean futures rose on Tuesday, rebounding sharply from early losses on lift from technical trading and data showing a pickup in exports of the U.S. oilseeds. Corn prices weakened, and wheat futures fell sharply. The most-actively traded Chicago Board of Trade soybean contract rose […]

By Zachary Goelman

Klassen: Steam evaporates off yearling market

Oct. 10, 2023 at 1:18 am CDT

Compared to last week, western Canadian yearling markets traded steady to $4 lower. The yearling quality continues to fade as thicker flesh levels are starting to appear. Steer calves were down $4-$8 on average while heifer calves were down $15 to as much as $20 in some cases. From a […]

By Jerry Klassen

U.S. livestock: Cattle, hogs down as Middle East war sparks risk-off selling

Oct. 9, 2023 at 7:57 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures retreated on Monday while lean hog futures fell for the first time in four sessions, pressured by risk-off selling as violence erupted in the Middle East over the weekend and riled global markets. The bloodiest fighting in years between the Palestinian […]

By Karl Plume

U.S. grains: Corn falls, soy eases as focus moves to U.S. harvest

Oct. 9, 2023 at 7:53 pm CDT

New York | Reuters — Chicago corn and soybean futures fell on Monday on an acceleration in the pace of the harvest in the U.S. Midwest, reversing overnight gains triggered by worries about the conflict in the Middle East. The most actively traded corn futures contract on the Chicago Board […]

By Zachary Goelman