A U.S. dairy sector economist is the latest observer to suggest Canada’s concessions in the Trans-Pacific Partnership may eventually lead to more imports of U.S. milk than Ottawa bargained for. […] Read more
Markets/Business
Critics see TPP as edge of wedge for U.S. milk
Cargill Q1 profit jumps despite commodities slump
Chicago | Reuters — Global commodities trader Cargill Inc. effectively navigated tumbling commodities markets and volatile currencies to turn in a 20 per cent gain in first-quarter profit, the privately […] Read more
Clinton says she doesn’t support new TPP deal
Reuters — U.S. Democratic presidential candidate Hillary Clinton said Wednesday she does not support the 12-nation Trans-Pacific Partnership (TPP), rejecting a central tenet of President Barack Obama’s strategic pivot to […] Read more
ICE weekly outlook: Canola poised to test resistance
CNS Canada — ICE Futures Canada canola futures tried and failed to break higher on numerous occasions over the past two weeks, but could be poised to finally see a […] Read more
CBOT weekly outlook: Corn, soy rest on USDA report
CNS Canada –– The short-term fate of corn and soybean futures at the Chicago Board of Trade rests on an upcoming supply and demand report, according to one analyst. Long-term, […] Read more
Slowdown in sales softens fertilizer market
CNS Canada — A lack of buying throughout North and South America has put fertilizer prices under pressure, but so far, no one is lining up to capitalize on the […] Read more
Pulses: India needs more pulses
CNS Canada — A few highlights in the Canadian and world pulse markets on Wednesday, Oct. 7. • Average protein levels for peas in Western Canada are coming in below […] Read more
U.S. grains: Profit-taking, advancing harvests snap rallies
Chicago | Reuters –– U.S. grain futures retreated from their highest prices in more than two months on Wednesday under pressure from advancing U.S. harvests and profit-taking ahead of key […] Read more
U.S. livestock: Short-covering drives CME live cattle higher
Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed higher on Wednesday, fuelled by active short-covering in anticipation of cash and wholesale beef prices bottoming out soon, traders said. […] Read more
U.S. grains: Corn tops two-month high
Chicago | Reuters –– U.S. corn futures climbed to their highest in more than two months on Tuesday as traders predicted the U.S. will cut its production estimate in a […] Read more
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