CNS Canada –– ICE Futures Canada canola contracts climbed sharply higher during the week ended Wednesday, but additional gains will need some more bullish news as the market takes a […] Read more
Markets/Business
ICE weekly outlook: Canola needs more fuel to keep rising
U.S. grains: Wheat, soybeans sag after rally
Chicago | Reuters — U.S. wheat futures fell on Wednesday, shrugging off weakness in the dollar as investors locked in profits following two days of sharp gains, traders said. Soybean […] Read more
U.S. livestock: CME live cattle fall as beef demand fades
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday closed lower following sliding wholesale beef prices, traders said. June closed down 0.8 cent per pound to 152.5 […] Read more
Sources say BASF mulling potential bid for Syngenta
Reuters — German chemicals group BASF is considering a potential offer for Syngenta, its Swiss rival which has received a C$56 billion takeover offer from Monsanto, people familiar with the […] Read more
Sask. producer car loader firm owners approve AGT bid
Shareholders in a western Saskatchewan producer car loading firm have approved a deal to sell their loading sites to Regina pulse processor AGT Food and Ingredients for $22 million. AGT […] Read more
Expansion in U.S. ethanol on hold after blending targets slashed
Chicago | Reuters –– Expansion in the U.S. ethanol industry, stuck in neutral for more than a year as the government debated biofuel blending requirements, is now likely to come […] Read more
Prairie canola basis levels soften as futures rally
CNS Canada — The ICE Futures Canada canola market has moved sharply higher recently, but the cash market hasn’t followed along, as basis levels have generally seen a softening trend. […] Read more
Canada preparing shorter list of tariff targets in COOL fight
Winnipeg | Reuters — Canada is whittling down its list of U.S. products that it may hit with steep tariffs in retaliation against contentious meat-labeling laws, Agriculture Minister Gerry Ritz […] Read more
U.S. grains: Lower greenback sparks rally in wheat, corn, soy
Chicago | Reuters –– U.S. corn, soybean and wheat futures rallied on Tuesday, supported by a steep decline in the U.S. dollar that made all three commodities more attractive to […] Read more
U.S. livestock: CME live cattle close mostly weak
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures Tuesday settled mostly weaker on profit-taking and the morning’s soft wholesale beef prices, traders said. The reversal of a trading […] Read more
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