Markets
Chicago live and feeder cattle futures fell by their limits on Monday following news of a Nebraska processing plant closure. All live cattle contracts fell by 7.250 cents. Most-traded June contracts settled at 201.725 cents a pound while February futures closed at 207.525 cents. Feeder cattle contracts dropped by their 9.250-cent limit. Most-traded March futures […] Read more
Markets
AAFC makes few changes to November S/D report
Agriculture and Agri-Food Canada made only a handful of alterations for its November report on principal field crops. The only changes AAFC made were with all wheat and durum exports plus domestic use for all wheat and corn in the estimates released on Nov. 24. The report had been initially scheduled for Nov. 19, but AAFC said they chose to delay it until after the United States Department of Agriculture issued its November supply and demand estimates following the U.S. government shutdown.
U.S. grains: Soybeans turn lower on Chinese demand uncertainty; corn mixed, wheat falls
Chicago Board of Trade soybean futures retreated on Monday from last week’s 17-month high, as traders waited for signs of more Chinese buying of U.S. beans and details from the latest call between Washington and Beijing, market analysts said.
Major durum customer takes go-slow approach
The threat of significant U.S. tariffs has created “caution and uncertainty” among Italian pasta manufacturers
The U.S. has imposed a preliminary duty of 92% on Italian pasta. That is making Italian durum buyers cautious.
U.S. grains: Soybeans mixed on doubts over Chinese demand
U.S. soybean futures were mixed at Friday’s close at the end of a see-saw week during which Chinese purchases of U.S. supplies pushed prices to a 17-month high before doubts about whether China would sustain such buying punctured the rally.
USDA predicts more wheat in Australia, smaller crops elsewhere
Australia will grow more wheat in 2025/26 than earlier expectations, but production will likely be down on the year in Turkey and Kazakhstan, according to several attaché reports released by the United States Department of Agriculture on Nov. 20, as it continues to catch up following the federal government shutdown.
Chinese imports from Canada stand at nine-year low
The September data from the Canadian Grain Commission indicates that Chinese imports from Canada are running at a nine-year low.
Feedgrain sector watches China’s hog troubles
Current downsizing likely won’t affect coarse grains because China doesn’t buy much corn, but it could affect soybeans
China’s hog farmers are losing money, which doesn’t bode well for soybean and feed grain demand.
Russian oilseeds make gains as wheat stagnates
Wheat production has increased by four per cent in the last 10 years, while oilseed crops made a 93 per cent jump
Russia’s crop mix is changing. Wheat acres have stagnated, while oilseeds are on the rise.
U.S. livestock: ‘Relentless’ fund selling knocks down CME cattle futures
Chicago | Reuters – U.S. cattle futures fell further at the Chicago Mercantile Exchange on Thursday under pressure from fund selling and lower cash prices, traders said. Futures have dropped over the past month after U.S. President Donald Trump said he was working to lower beef prices for consumers, triggering steep selloffs in cattle that […] Read more
