Chicago | Reuters — U.S. corn, wheat and soybean futures fell on Friday on end-of-week profit-taking and technical selling, traders said. It was the first time all three commodities posted […] Read more
Markets/Business
U.S. grains: Profit-taking weighs on soybeans, corn, wheat
CME bars grain traders for years over wash trades, spoofing
Chicago | Reuters –– CME Group said Friday it barred a grain trader from its markets for three years for executing noncompetitive transactions and suspended another for two years for […] Read more
U.S. livestock: CME live cattle slump with beef prices, but off lows
Chicago | Reuters — Chicago Mercantile Exchange live cattle ended lower on Friday, pressured by profit-taking and a wholesale beef price reversal after Thursday’s spike, traders said. Futures remained undervalued […] Read more
Bayer postpones plant opening to meet canola seed demand
Frost, wind, moisture and even flea beetles have already devastated Prairie canola crops this season, leading to unprecedented reseeding — and seed companies are struggling to meet the extra demand. […] Read more
WTO booked to hear Canada’s COOL tariff case
The World Trade Organization’s Dispute Settlement Body is set to hear Canada’s request in just under two weeks for revenge against the U.S. over country-of-origin labelling (COOL). Canada on Thursday […] Read more
U.S. grains: Weather concerns prompt short-covering in wheat
Chicago | Reuters –– Chicago Board of Trade wheat futures jumped 2.3 per cent on Thursday, posting their third gain in the last four sessions as some weather concerns provided […] Read more
U.S. livestock: CME live cattle jump on beef price turnaround
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Thursday on short-covering after wholesale beef values turned higher, traders said. June closed up 0.725 cent per pound, […] Read more
OIE cuts six European countries’ BSE risk level
Paris | Reuters — The World Organization for Animal Health (OIE) has lowered to the safest level the official risk of six countries for BSE, a move expected to open international […] Read more
Lethbridge feed barley feels slight lift from canola
CNS Canada — It seems the recent surge in canola has carried over to the feed barley market near Lethbridge. A weekend frost and other issues saw canola futures jump […] Read more
CBOT weekly outlook: Soybeans to break below US$9 before summer half over
CNS Canada –– The Chicago Board of Trade (CBOT) soybean market showed some short-covering-related firmness during the week ended Wednesday, but the bias is still pointed lower for the oilseed. […] Read more
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