CNS Canada — Canadian hog prices have been drifting slightly lower over the past few weeks but are showing signs of turning the corner, according to one industry expert in […] Read more
Markets/Business
Hog prices fighting for stability
China plans to cut domestic corn prices to shrink stockpiles
Beijing | Reuters — Beijing plans to cut local corn prices for a second year as it pushes to reignite stalled demand from its crisis-hit grain processors and whittle down […] Read more
Russia-Turkey tensions stymie new wheat deals
Reuters — Political tension between Russia and Turkey has put a brake on new wheat deals between the two countries and created uncertainty about existing agreements, traders said Thursday. Relations […] Read more
Low ocean freight rates likely to stick around
CNS Canada –– Ocean freight rates are at some of their lowest levels ever and will likely stay that way for at least the next two years, according to an […] Read more
No fallout seen for Enlist Duo in Canada from U.S. action
The company behind Enlist corn and soybeans and Enlist Duo herbicide expects business as usual for the products in Canada, while the herbicide runs up against a new regulatory hurdle […] Read more
CBOT weekly outlook: Corn, soy seek direction
CNS Canada — Soybean and corn futures at the Chicago Board of Trade moved higher during the week ended Wednesday, but both commodities remain rangebound overall and looking for an […] Read more
U.S. livestock: Lean hogs hit three-week high as cash prices stabilize
Chicago | Reuters — U.S. lean hog futures jumped as much as two per cent on Wednesday, lifted by stabilizing cash prices and ideas the market may have bottomed out […] Read more
U.S. ethanol output rising as industry awaits new mandates
Reuters — U.S. ethanol production topped one million barrels per day for the first time last week, data showed Wednesday, ahead of a government deadline to issue a plan for […] Read more
ICE weekly outlook: Canola rangebound amid bearish tone
CNS Canada –– ICE Futures Canada canola contracts eked out minor gains for the week ended Wednesday. The increase, however minimal, may have come as welcome relief to a market […] Read more
U.S. grains: Soy rallies off multi-year low ahead of U.S. holiday
Reuters — Soybean futures climbed more than one per cent on Wednesday, bouncing on short-covering after this week’s 6-1/2 year low, ahead of a U.S. holiday. Corn also rose as […] Read more