Chicago Mercantile Exchange live cattle futures on Tuesday closed higher after wholesale beef prices notched another record high fueled by grilling demand and tight supplies, said traders and analysts.
U.S. corn futures dropped 1.5 per cent, to their lowest since early April, on Tuesday as investors unwound bull spreads following a record planting pace last week that encouraged farmers to sell some old-crop supplies to ease cash market...
Weather conditions were good for spring seeding across much of Western Canada over the past week, with producers in the Prairie provinces getting in about a third of the crop in the past seven days alone, according to a CWB official.
Planting problems resume for northern U.S. farmers. In what was already a very slow start to seeding, farmers were stopped by rains so heavy that flash flood warnings were issued for southeastern North Dakota and western Minnesota.