By Commodity News Service Canada WINNIPEG, October 28 – The following is a glance at the news moving markets globally. ALBERTA GOVERNMENT HOPES SPENDING WILL STIMULATE ECONOMY Alberta Finance Minister Joe Ceci said Tuesday that the NDP government will be using spending stimulus to boost the economy. The province faces a record C$6.1 billion deficit. […] Read more
Global Markets: US Fed decision to be announced
Pulses: India looks to cut international business red-tape
CNS Canada — Following are a few highlights in the Canadian and world pulse markets on Tuesday morning, Oct. 27. • Indian police have seized approximately 1,650 tonnes of pulse crops from warehouses in Thane. The stocks that were seized include Russian chickpeas, tur and Australian chickpeas, according to reports out of the country. It […] Read more
Global markets: U.S. Federal Reserve to meet this week
CNS Canada –– The following is a glance at the news moving markets globally. U.S. FEDERAL RESERVE TO MEET, MAKE POLICY ANNOUNCEMENT — Members of the U.S. Federal Reserve are starting their meeting on Tuesday, and are expected to conclude on Wednesday. Markets fell ahead of the meeting as investors were uncertain about the outcome […] Read more
Feed: Cheap Brazilian corn bound for U.S.
CNS Canada –– Following are a few highlights in the Canadian and world feed grains markets on Tuesday, Oct. 27. • CBOT corn futures were weaker on Tuesday, with the December contract quoted at US$3.8025 per bushel at midsession, as the advancing U.S. harvest weighed on values. • Sorghum production in Mexico “has been plagued […] Read more
Pulses: Feed pea benchmarks declining
CNS Canada — Following are a few highlights in the Canadian and world pulse markets on Monday morning, Oct. 26. • Shortages and resulting high local prices in India remain at the forefront of the global pulse market. The government recently imposed restrictions on how many tonnes companies can store in an effort to curb […] Read more
Feed: U.S. cattle on feed edge up
CNS Canada –– Following are a few highlights in the Canadian and world feed grains markets on Monday, Oct. 26. • CBOT corn futures were stronger on Monday, with the December contract quoted at US$3.845 per bushel, as a rally in wheat provided spillover support. However, the advancing US harvest and generally improving yield prospects […] Read more
Global markets: WHO research
CNS Canada — The following is a glance at the news moving markets globally. PROCESSED MEAT CAUSES CANCER, WHO SAYS — Eating processed meat can cause bowel cancer, the World Health Organization (WHO) said Monday. The WHO added processed meats, such as hot dogs and ham, to its group one list, which also includes items […] Read more
Pulses: Researchers develop new vitamin-rich bean
CNS Canada — Following are a few highlights in the Canadian and world pulse markets on Friday morning, October 23. • The price of chickpeas in India could soon soften slightly. According to the Indian Pulses and Grain Association, a large shipment of pulses at Mumbai port could reduce pulses by 10 to 15 per […] Read more
Feed: China expected to cut back on corn stockpiles
CNS Canada — Following are a few highlights in the Canadian and world feed grains markets on Friday, Oct. 23. • Corn futures at the Chicago Board of Trade were down one to two cents in early activity on Friday as strength in the U.S. dollar weighed on the commodity. • Cash prices for delivered […] Read more
Global markets: China slashes interest rates
CNS Canada –– The following is a glance at the news moving markets globally. CHINA’S CENTRAL BANK CUTS INTEREST RATES, AGAIN — China’s central bank cut interest rates once again on Friday, which marks the sixth time the bank has done so since November. The changes also lowered the amount of cash that banks must […] Read more
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