- Cotton Futures Rally on Thursday
- Ahead of the Prospective Plantings report the cotton market rallied 56 to 89 points. December futures stayed in a 131 point range for the day. Weekly cotton bookings were reported at 281,281 RBs for the week that ended 3/23. That was down from 310k last week but was 20% above...
- Lean Hogs Firm Up for Close
- Hog futures ended the day with 32 to 77 cent gains across most of the nearby contracts. April was still down by 32 cents at the bell. The June contract saw a $1.50 range for the day from -$0.31 to +$1.19. The National Average Afternoon Base Hog price for Thursday...
- Cattle Close Near Thursday’s Highs
- Front month cattle futures ended the session near their highs on 72c to $1.72 gains for the day. April and December cattle futures set new life of contract highs on Thursday. USDA confirmed 50k head of cash cattle trade on Thursday, with prices from $165 to $172. The bulk of...
- SRW Wheat Falls on Thursday
- The hard red wheat futures stayed in the black on Thursday with a penny gain for HRW and 1 3/4 to 5 3/4 cent gains for HRS. Chicago futures on the other hand fell double digits before USDA’s report day, going home 1.2% to 1.8% in the red. Turkey officially...
- Soy Futures Close Mixed
- The pre-report day trading ended with a mixed close in soybeans. Old crop was down 1 3/4 to 3 3/4 cents at the bell, while most new crop futures were up by a penny. Soymeal prices were $1.10 to $1.70 higher at the close. BO prices closed near their lows...
- Red Close for Corn Futures
- The day ahead of the USDA reports left corn futures a penny to 4 cents in the red. May ended the 6 3/4 cent range session just 1 1/2 cents off its low, while Dec corn closed its 5 1/2 cent ranged day just 1/2 of a cent off the...
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January USDA Report
The USDA released its January supply and demand report on January 12th. The report was overall bullish, showing a decrease to ending stocks for corn, soybeans and wheat. Lower production was the main reason for this, which also had an impact on export numbers. Over the next few months weather patterns across the United States and South America will be the main story to watch.
Spirits Canada Video
Collwest Grain worked with Spirits Canada to produce a video for
their Grain to Glass series. The series helps to highlight the importance
of the Spirits Industry to Ontario Agriculture
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