Chicago Mercantile Exchange cattle futures fell on Thursday after rising for four consecutive sessions, as traders booked profits and squared positions ahead of the U.S. Department of Agriculture's monthly Cattle on Feed report due after the market's close on Friday, analysts said.
Daily news
Moe to go to China to discuss canola tariffs
Federal agriculture minister MacDonald says it's too early to say what help farmers need
Saskatchewan Premier Scott Moe said on Thursday that he would travel to China soon for talks on persuading Beijing to drop its new tariffs on canola.
Feed Grain Weekly: Barley seeing low prices, demand
Feed barley prices may continue to decline
Feed barley prices continue to have an advantage over feed corn and prices may go lower, said one trader.
2025/26 canola production jumps nearly 13 per cent
AAFC issues August S/D report
There were sharp changes in Agriculture and Agri-Food Canada’s estimates for the 2025/26 canola crop when it came to production and ending stocks. AAFC has now pegged canola output at 20.10 million tonnes, up 12.9 per cent from its July forecast. Also, the oilseed’s carryout was doubled from last month to now 2.20 million tonnes.
Crop tour finds strong corn, soy potential along with diseases in Illinois, western Iowa
Corn yield potential and soybean prospects are significantly above average across Illinois and western Iowa, though plant diseases could threaten final yields, scouts on an annual crop tour of the Midwest said on Wednesday.
India imports canola oil after 5 years as local prices surge
India bought canola oil for delivery in August for the first time in nearly five years, as local prices hit a three and a half-year high, making overseas purchases lucrative, industry officials told Reuters.
U.S. livestock: Cattle futures continue rally on constrained supply
Chicago Mercantile Exchange cattle futures rose for the fourth session in a row on Wednesday, as a continued tight supply of cattle and resilient consumer demand for beef boosted futures, traders said.
A missed opportunity for farmers says analyst
Prices heading down following crop-saving rains
Farmers have likely lost an opportunity to get better prices for their crops, such as canola, just as the harvest across the Canadian Prairies begins to pick up speed, an analyst warned.
CBOT Weekly: Trade focuses on crop tour
High corn, soybean yields pressure prices
The trade is focusing on results from the Pro Farmer Crop Tour, which will make its way through seven states looking at corn and soybean fields from Aug. 18 to 21, 2025.
U.S. grains: Soybeans, corn choppy as traders eye crop tour results
Chicago soybean and corn futures chopped up and down on Wednesday as traders monitored results from a U.S. Midwest field tour that initially confirmed strong yield prospects, traders said.
