With foreign governments urging Canada to open up its protected dairy, poultry and egg markets, the country’s provincial agriculture ministers are unanimously counter-urging in supply management’s defense. Pressure from trading […] Read more
Markets/Business
Trade ‘balancing act’ in focus at ag ministers’ meeting
U.S. grains: Corn, wheat fall on dollar gains, weather
Chicago | Reuters — U.S. corn and wheat fell as much as two per cent on Friday, while soybeans also declined as the dollar climbed and rains provided needed moisture […] Read more
U.S. livestock: CME live cattle settle mixed after bouncy session
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed mixed on Friday after a choppy session swayed by pre-weekend positioning and investors digesting this week’s lower cash prices, […] Read more
Early Sask. lentil, pea harvests likely to support prices
CNS Canada –– Saskatchewan’s dryness could likely mean an earlier harvest and smaller yield for pea and lentil crops this year, according to a regional crop specialist. That means new-crop […] Read more
Prairie durum prices rising as farmers aren’t selling
CNS Canada — Prices for durum in the Prairie cash market have been on the rise recently, but there are very few actual transactions being made as farmers aren’t selling. […] Read more
Rye prices seen high, but stable
CNS Canada –– Rye crops have been reacting to Saskatchewan’s heat and dryness by developing faster than they would normally be — but healthy crops elsewhere appear to be helping […] Read more
U.S. livestock: Sluggish beef demand takes down CME live cattle
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed lower for a second day in a row on Thursday, pressured by lacklustre wholesale beef demand that could drag […] Read more
Fonterra cuts dairy jobs as ‘white gold’ rush fizzles
Wellington | Reuters — New Zealand dairy exporter Fonterra is cutting jobs in an effort to shore up its cash flows as a slump in global dairy demand, particularly from […] Read more
Malteurop parent to buy barley trader Interbrau
Paris | Reuters — French co-operative group Vivescia has entered into an agreement to buy German malting barley trader Interbrau GmbH from Swiss grain trading group Ameropa, the companies said […] Read more
U.S. grains: Corn rises, soy eases on outlooks for drier weather
Chicago | Reuters –– U.S. corn edged slightly higher while soybeans reversed from earlier gains to turn lower on Thursday as drier weather outlooks for next week were seen as […] Read more
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