Sao Paulo | Reuters — Brazil’s grain ports will endeavour to move the last of a record soybean crop just as a huge corn harvest starts competing for terminal space, […] Read more
Markets/Business
Brazil’s grain ports seen facing record volumes
Western states to get US$110M in drought aid
Washington | Reuters — The White House said Friday it would spend an additional US$110 million to help farmers and communities in western states hit hard by drought and wildfires. […] Read more
Quest for fast-track trade bill defeated for now in U.S. House
Washington | Reuters –– The U.S. House of Representatives on Friday delivered a blow to President Barack Obama’s signature goal of strengthening ties with Asia but could try again as […] Read more
U.S. grains: Wheat falls as supply risks ease
Chicago | Reuters — U.S. wheat futures fell to their lowest level in 1-1/2 weeks on Friday, surrendering more gains from a recent rally, weighed down by plentiful supplies and […] Read more
U.S. livestock: Lower cash prices sink CME live cattle
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures fell hard Friday, pressured by lower prices for market-ready (cash) cattle, traders said. June closed 2.775 cents per pound lower, […] Read more
U.S. egg prices to hit record high due to avian flu
Chicago | Reuters — The average price of a dozen eggs in the U.S. will climb to a record high this year due to the nation’s worst-ever outbreak of bird […] Read more
Canadian, U.S. regulators clear Heinz and Kraft merger
Antitrust regulators in both Canada and the U.S. have fixed their seals of official inaction on ketchup giant H.J. Heinz’s play for control of Kraft Foods Group. Canada’s Competition Bureau […] Read more
Flax market falling in anticipation of large new crop
CNS Canada –– Spot prices for flax in Western Canada have dropped off in the last couple of days, reacting to expectations of large new-crop production in other parts of […] Read more
U.S. grains: Wheat slips to one-week low on raised supply outlook
Chicago | Reuters — U.S. wheat futures extended losses to the lowest levels in a week on Thursday, pressured by gains in the dollar and after the U.S. Department of […] Read more
U.S. livestock: Profit-taking undercuts CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures snapped a three-day win streak on Thursday, pressured by profit-taking and a wholesale beef price downturn, traders said. June closed […] Read more
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