Despair is the price one pays for setting an impossible aim. Given the phone calls over the past week, producers have been expecting something the market cannot offer. Western Canadian […] Read more
Markets/Business
Klassen: Feedlots curb buying interest
Prairie wheat bids ebb lower
CNS Canada –– Cash wheat bids across Western Canada ebbed lower during the week ended Friday, as U.S. futures dipped and basis levels fluctuated. Average Canada Western Red Spring (CWRS) […] Read more
U.S. grains: Soybeans bounce from 6-1/2 year lows
Chicago | Reuters –– U.S. soybean futures firmed on Monday, rising from 6-1/2 year lows on bargain-buying as investors covered bearish bets amid signs of strong export demand, traders said. […] Read more
U.S. livestock: Heavy meat supplies sour CME cattle, hog futures
Chicago | Reuters –– Chicago Mercantile Exchange cattle futures fell sharply on Friday, rounding out the week on a sour note as traders sought cover amid a steep downturn in […] Read more
U.S. grains: Corn, soy, wheat close lower, post weekly losses
Chicago | Reuters — U.S. soybean futures fell on Friday on a profit-taking setback after posting gains in the previous two sessions, traders said. Soybeans closed near session lows but […] Read more
Cargill said restructuring, cutting jobs
London | Reuters –– Cargill Inc., one of the world’s largest privately held corporations, has launched a restructuring that includes job cuts, one company source and four industry sources said […] Read more
Legumex Walker shareholders approve sale
Shareholders in Prairie special crops processor Legumex Walker have voted to take a deal for their company’s assets from U.S. grain firm Scoular. Winnipeg-based Legumex reported Monday that shareholders representing […] Read more
U.S. livestock: CME live cattle, hogs continue gains for second day
Chicago | Reuters — Livestock futures traders continued to hunt for cover on their short positions Thursday, resulting in Chicago Mercantile Exchange cattle futures climbing a second day after prices […] Read more
Canaryseed prices soft, trending weaker
CNS Canada –– Canada’s canaryseed market is slow and stagnant, according to a Saskatchewan-based industry expert, and he expects prices to move lower before improving. Delivered elevator canaryseed is bringing […] Read more
U.S. grains: Wheat firms but weak exports limit gains
Chicago | Reuters — U.S. wheat futures firmed on Thursday on technical buying including short-covering, but advances were modest as export sentiment remained gloomy. Soybean futures also rose while corn […] Read more
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