Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Friday, pulled down by profit-taking in response to the day’s sharp drop in wholesale beef values, traders […] Read more
Markets/Business
U.S. livestock: Slumping beef prices rattle CME live cattle
Study of CWRS wheats counters diet book’s claims
Winnipeg | Reuters — The amount of protein in Canadian wheat has fluctuated little in 141 years, according to the most extensive study of its kind, countering claims that radical […] Read more
Que. pledges reserve to backstop risk management programs
Quebec’s agriculture ministry plans to set up a $300 million reserve fund to backstop any sudden shortfalls in provincial risk management program funds for farmers. Speaking Thursday to the provincial […] Read more
Global dairy demand seen picking up only slightly
Wellington | Reuters –– Global dairy prices are expected to pick up only slightly over the next 12 months, New Zealand dairy co-operative Fonterra, the world’s largest dairy exporter, said […] Read more
Tight lentil market watching weather
CNS Canada — Old-crop large green lentils saw a jump in price over the past week, but actual supplies are few and far between, with most market participants turning attention […] Read more
U.S. livestock: Short-covering pushes CME live cattle, hogs higher
Chicago | Reuters –– Chicago Mercantile Exchange live cattle climbed for a second straight session on Thursday, fuelled by short-covering and positioning on the eve of the last trading day […] Read more
U.S. grains: Corn rebounds on short-covering, bullish ethanol data
Chicago | Reuters — U.S. corn futures on Thursday rebounded from a seven-month low after three days of declines in a short-covering bounce and following a government report showing higher […] Read more
Number of hungry people worldwide drops below 800M, U.N. says
Rome | Thomson Reuters Foundation –– The number of people in the world still going to bed hungry 15 years after the U.N. placed eradicating hunger and extreme poverty at […] Read more
Light rain on way for Prairie crops, but ‘soaker’ needed
Winnipeg | Reuters –– Rain looks to splash parched farms on Western Canada’s Prairies over the next week as concerns mount that soil is too dry for canola to grow […] Read more
ICE weekly outlook: Weather to make or break canola market
CNS Canada –– ICE Futures Canada’s canola futures moved independently higher during the week ended Wednesday, ignoring weakness in the Chicago soybean market. The generally tight supply situation for canola, […] Read more
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