Insights and Stories on Prices

U.S. livestock: Tight supply drives CME live cattle to new highs

Sep. 14, 2023 at 7:20 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures galloped to new highs on Thursday on short-covering combined with continued concerns about U.S. tight supplies, brokers said. October live cattle futures ended up 2.325 cents at 185.475 cents/lb. after setting a contract high of 185.775 cents/lb. (all figures US$). […]

Canada bumps up wheat harvest view, trims canola estimate

Sep. 14, 2023 at 1:25 pm CDT

By Rod Nickel

ICE weekly outlook: Harvest pressure to weigh on canola

Sep. 14, 2023 at 1:46 am CDT

By Phil Franz-Warkentin

CBOT weekly outlook: Prices for U.S. soybeans, corn where they should be

Sep. 14, 2023 at 1:37 am CDT

By Glen Hallick - MarketsFarm

U.S. grains: Wheat rallies on Black Sea tensions

Sep. 13, 2023 at 5:03 pm CDT

By Zachary Goelman

U.S. livestock: CME cattle futures ease in technical setback after highs

Sep. 13, 2023 at 5:00 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live and feeder cattle futures retreated on Wednesday in a technical selling and profit-taking setback after hitting highs earlier in the week, traders said. Higher feed corn prices and a weak tone to the cash beef market added pressure, they said. “This is […]

By Karl Plume

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 […]

By Jerry Klassen

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

Sep. 12, 2023 at 5:27 pm CDT

New York | Reuters — Chicago soybeans plummeted to a three-week low and corn sharply dropped on Tuesday after a government report said crops were not hampered as much as some traders had expected by hot and dry summer weather. The U.S. Department of Agriculture raised its outlook for the […]

By Zachary Goelman

U.S. livestock: CME cattle futures end mixed after hitting new highs

Sep. 12, 2023 at 5:22 pm CDT

Chicago | Reuters — Most of the Chicago Mercantile Exchange feeder and live cattle futures hit new contract highs again on Tuesday, as tight U.S. supplies and forecast of a strong cash market added fuel to a bull rally, traders said. But by the end of the session, both live […]

By P.J. Huffstutter

StatCan expected to raise estimate for oats production

Sep. 11, 2023 at 7:36 pm CDT

MarketsFarm — Ahead of the model-based Statistics Canada production report due out on Thursday, Scott Shiels of Grain Millers Canada in Yorkton, Sask. said it’s likely the agency’s numbers for oats will increase. StatCan issued its first model-based production report for 2023-24 on Aug. 29, which placed the country’s oats […]

By Glen Hallick - MarketsFarm