Chicago | Reuters — A U.S. Agriculture Department (USDA) unit is reviewing its procedures after posting incorrect crop data online on Wednesday, an error that temporarily pressured grain prices. The […] Read more
Markets/Business
USDA probes release of incorrect data that pressured crop prices
PotashCorp says not actively discussing K+S takeover
Reuters — PotashCorp is not actively discussing its takeover proposal with Germany’s K+S, but remains interested in a combination of fertilizer producers that would aid North American potash sales and […] Read more
U.S. grains: Corn, wheat fall for second day on harvest, ample supply
Chicago | Reuters — U.S. grains were lower on Wednesday, with both corn and wheat easing about one per cent for their second straight session of declines on pressure from […] Read more
Wheat basis levels improve, futures stay bearish
CNS Canada –– Canada’s spring wheat basis has hit fresh highs to spur producer selling, but overall the market remains bearish. “It does seem kind of counterintuitive to see cash […] Read more
Pork prices set to soften, analyst says
CNS Canada — As the North American barbecue season winds down for another year, so too goes some strength in the pork market. For instance, cash slaughter-weight hogs in Saskatchewan, […] Read more
Russian farm lobby says crop reports artificially high
Moscow | Reuters — Russian regional officials are pressuring farmers to report more grain crop than they actually harvest this year, the head of farmers’ lobby the Grain Union said […] Read more
U.S. grains: Soybeans hit three-week high as crop condition declines
Chicago | Reuters –– U.S. soybeans rose to a three-week high on Tuesday, underpinned by a U.S. Department of Agriculture report showing a slight deterioration in crop ratings that could […] Read more
U.S. livestock: CME hogs climb as cash prices firm
Chicago | Reuters — Chicago Mercantile Exchange lean hogs climbed four per cent on Tuesday, pulled up by short-covering following the recent bump in cash prices that may have ended […] Read more
Chickpeas see strength in early harvest returns
CNS Canada — The chickpea harvest is slowly gathering steam across Western Canada with prices holding steady, despite the harvest pressure. In Saskatchewan, where the majority of the crop lies, […] Read more
Malt barley prices strong despite ongoing harvest
CNS Canada — Commodity prices typically buckle under harvest pressure, but malt barley has been acting as the shining star of cash markets. Influencers within Canada and globally have contributed […] Read more
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