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
Markets/Business
Cargill said restructuring, cutting jobs
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
U.S. livestock: CME cattle, hogs surge on bargain-buying after selloff
Chicago | Reuters — The Chicago Mercantile Exchange saw live cattle and feeder cattle futures bounce back strongly from contract lows on Wednesday, with prices hitting their daily limits as […] Read more
U.S. grains: Corn, soybeans rebound after USDA data-driven decline
Chicago | Reuters — U.S. corn and soybean futures edged higher on Wednesday on consolidation and technical buying after hitting contract lows a day earlier due to bearish U.S. Department […] Read more
Olymel buying into Quebec pork packer Lucyporc
Canada’s biggest pork and poultry exporter is set to take a stake in a Quebec pork packer specializing in cuts for the Japanese market and other overseas buyers. Olymel, the […] Read more
Japan, White House rule out re-opening TPP pact
Reuters — Japan and the Obama administration on Tuesday rejected calls from some U.S. lawmakers to consider re-opening a Pacific trade deal and said any renegotiation attempt could scupper the […] Read more
CBOT weekly outlook: Soybeans likely headed down, corn sideways
CNS Canada –– Corn and soybean futures at the Chicago Board of Trade plunged on Tuesday as fresh estimates hit the market. Near-term, soybeans aren’t expected to improve much, one […] Read more