Markets
Chicago | Reuters – Chicago soybean and corn futures rose on Friday after the U.S. Department of Agriculture delivered a bearish, but unsurprising, monthly crop report. U.S. farmers will harvest the most acres of corn since 1933 and produce more of the grain than previously expected, even though crop yields will miss earlier forecasts, the […] Read more
Markets
Prairie Wheat Weekly: Prices mixed
Cash prices for spring wheat and durum across the Canadian Prairies were mixed during the week ended Sept. 11.
Working groups established to address challenges in the containerized and bulk movement of commodities
CN is working with the pulse and special crops sector on resolving challenges in shipping those commodities.
U.S. grains: Corn, soybeans tick higher ahead of USDA report
Chicago | Reuters – Chicago corn and soybeans futures rose on Thursday as traders squared positions before a government crop report on Friday that will include closely watched U.S. corn and soybean harvest forecasts, analysts said. Wheat ticked higher on short covering, though swelling global supply hung over the market. The most active soybean contract […] Read more
U.S. livestock: Cattle futures bounce on short covering
Chicago | Reuters – Chicago Mercantile Exchange cattle futures ticked higher on Thursday on a short-covering bounce, though a weaker cash market and concerns around consumer demand for beef continued to weigh on the market. Cattle futures also benefited from rising grains futures, which steadied ahead of the U.S. Department of Agriculture’s monthly supply and […] Read more
Feed Grain Weekly: Barley, wheat swinging upward
Prices for feed grains on the Canadian Prairies have “started to rebound a little bit,” said Matt Beusekom, trader with Market Place Commodities in Lethbridge.
Geopolitics can change trade routes
Geopolitical tensions can lead to massive infrastructure projects that can shift global trade patterns
WHISTLER, B.C. — Today’s geopolitical tensions could have dire long-term consequences, says the director of international policy at the University of Calgary. History has shown that these kinds of tensions lead to massive infrastructure projects around the world that can shift global trade patterns. China’s Belt and Road Initiative (BRI) was a response to similar […] Read more
Record EU soft wheat harvest expected this year
This year’s European Union soft wheat crop is expected to have reached a record high.
U.S. livestock: Cattle make gains, hogs mixed
Most Chicago cattle futures rose on Wednesday after Tuesday’s hard fall. Hogs settled on either side of unchanged. Most-active October live cattle futures closed at 231.150 cents per pound, up 0.975 cents. December contracts settled at 232.675 cents a pound, up 1.500 cents. Nearby feeder cattle futures rose, while deferred contracts lost steam. Most-traded October […] Read more
CBOT Weekly: Little change expected from USDA
Only minor changes to the grain and oilseed balance sheets are expected in the Sept. 12 supply and demand report from the United States Department of Agriculture, said an analyst.
