Buenos Aires | Reuters — The currency devaluation set to kick off in Argentina on Thursday is expected to pump millions of tonnes of pent-up grains supply into the international […] Read more
Markets/Business
Devalued Argentine peso seen spurring grain exports
U.S. livestock: CME live cattle sink to three-year bottom
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday slid to their lowest level in three years, pressured by more losses price-wise for unsold cash cattle, traders […] Read more
Ocean freight rate index at historic low, again
CNS Canada –– The Baltic Dry Index, which gauges the price of moving grain and other goods by sea, is down to new historical lows, less than a month after […] Read more
U.S. grains: Brazil dryness sparks soy short-covering
Chicago | Reuters — U.S. soybean futures rebounded from a 3-1/2-week low on Thursday and closed higher for the first time in three sessions on short-covering sparked by concerns that […] Read more
U.S. livestock: Cash price caution drags CME live cattle lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped on Wednesday, weighed down by investor caution while waiting for the remainder of cash cattle to change hands, traders […] Read more
Canada seen dawdling on TPP ratification
Reuters — Canada is set to hold back on ratifying a key Asia-Pacific trade treaty, a move that would assuage critics but might hamper Washington’s bid to build domestic support […] Read more
Dairy support price gets boost starting Feb. 1
Canada’s dairy farmers can expect a two per cent bump in their overall revenue from industrial milk sales starting Feb. 1 next year. Citing dairy producers’ increased costs of production, […] Read more
CBOT weekly outlook: Corn, soy rangebound ahead of holidays
CNS Canada — Corn and soybeans at the Chicago Board of Trade are rangebound ahead of the holidays, according to one analyst. On Wednesday, the U.S. Federal Reserve raised interest […] Read more
U.S. grains: Wheat, corn, soy fall on global supply pressure
Chicago | Reuters –– Chicago Board of Trade wheat, corn and soybeans fell on Wednesday as traders grappled with huge world stocks of all three commodities. Grain and oilseed prices […] Read more
Canada not yet pulling trade trigger on COOL
Canada remains “cautiously optimistic” that the U.S. government will repeal its country-of-origin labelling (COOL) law before the Canadian and Mexican governments impose retaliatory tariffs. Federal Trade Minister Chrystia Freeland, speaking […] Read more