Markets
Chicago Board of Trade soybean, corn and wheat futures rose on Monday on signs of progress towards the end of a record-long U.S. government shutdown, along with expectations of a revival of U.S. soybean exports to China, analysts said.
Markets
U.S. livestock: Hogs rebound, cattle hit upward limits
Chicago hog futures rallied on Monday after a long slide. Cattle futures also jumped with all feeder contracts hitting upward limits. Most-active December lean hog contracts closed at 82.775 cents a pound, up 3.375 cents. February futures settled at 82.825 cents per pound, up 3.475 cents. Pork carcass cutout value ended the afternoon at $100.22 […] Read more
Biofuel sector happy with federal budget
Biodiesel and renewable diesel producers welome two programs announced by Ottawa
Advanced Biofuels Canada says new Biofuel Production Incentive is a lifeline until CFR amendments are in place.
Farm groups ask feds for export sales reporting
Organizations say producers would beneift from transparent, regular reporting on grain sales and exports
The Agricultural Producers Association of Saskatchewan and SaskCrops asks the federal government to create an Export Sales Reporting program.
Europe holds promise for Canadian lentils
Survey finds 30 per cent of consumers in United Kingdom and Germany eat lentils weekly
Pulse Canada is trying to help boost lentil consumption in Europe, which is already the fourth largest market.
U.S. livestock: Cattle, hogs end week on high note
Cattle contracts and nearby hog futures ended the week on a high note after a week rife with losses. Most-traded December lean hog futures closed at 79.400 cents a pound, up 0.425 cents. February contracts lost 0.475 cents to settle at 79.350 cents per pound. The USDA reported pork carcass cutout value at $98.98 per […] Read more
U.S. grains: Soybeans bounce as Chinese demand assessed, wheat drops
Chicago soybean prices firmed on Friday in a bargain-buying bounce after a sharp fall on Thursday, as traders assessed prospects for more U.S. sales to China after the trade war truce between the countries.
Notable changes in exports to China, India
China and India figured prominently in the September export data issued by the Canadian Grain Commission on Nov. 7. For the most part, the CGC’s numbers highlighted issues with grain, oilseed and pulse exports from licensed facilities to those countries.
U.S. livestock: Cattle futures slow descent
Chicago cattle futures fell on Thursday but to a lesser degree compared to Wednesday’s limit-down drop. Most-active December live cattle closed down 1.750 cents to 218.775 cents per pound. February contracts settled at 216.750 cents a pound, down 1.375 cents. Most-active January feeder contracts closed down 4.375 cents at 315.600 cents a pound. March contracts […] Read more
U.S. grains: Soybeans, wheat plummet from highs on limited Chinese demand
Chicago soybean and wheat futures took a nosedive on Thursday, retreating from multi-month highs, as signs of only limited Chinese purchases from the United States tempered optimism about fresh demand following a bilateral trade truce.
