CNS Canada –– Great spring seeding conditions across much of the U.S. Midwest have weighed on soybean and corn futures at the Chicago Board of Trade — and the nearby […] Read more
Markets/Business
CBOT weekly outlook: Soy, corn grind lower, watching weather
U.S. grains: Soy at seven-month low, corn weak on favourable weather
Chicago | Reuters — U.S. soybeans fell to seven-month lows and corn to one-week lows on Wednesday, pressured by forecasts for nearly ideal growing conditions for the crops next week. […] Read more
U.S. livestock: CME live cattle end pit trade lower, rise after-hours
Chicago | Reuters –– Live cattle futures on the Chicago Mercantile Exchange finished lower during the regular session on Wednesday, pressured by cash cattle prices that were initially weak, traders […] Read more
Diesel prices seen staying low until July
CNS Canada –– The price of diesel has fallen to the same level as gasoline across Western Canada, but a Chicago-based analyst doesn’t expect it to stay that way for […] Read more
Russia may allow food imports from three EU states
Moscow | Reuters –– Russia may allow around 20 firms from Hungary, Cyprus and Greece to return to its market after it orders the lifting of an embargo on food […] Read more
China lifts three-year embargo on Brazil beef imports
Brasilia | Reuters — China has ended an embargo on Brazilian beef imports, Brazil’s agriculture ministry said on Tuesday, lifting a three-year old ban and opening the door to half […] Read more
U.S. grains: Soybeans fall to contract lows on speedy plantings
Chicago | Reuters — U.S. soybeans fell to contract lows while corn eased 1.7 per cent on Tuesday, pressured by faster-than-normal spring plantings and overall favourable crop conditions in the […] Read more
U.S. livestock: CME live cattle rally as beef prices set new high
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures offset recent losses and finished higher on Tuesday, driven by short-covering following the day’s choice wholesale beef price surge to […] Read more
U.S. lawmaker sees early June vote to repeal COOL
Washington | Reuters –– U.S. House of Representatives agriculture committee chairman Mike Conaway said on Tuesday he expects an early June vote on legislation to repeal U.S. meat labeling laws, […] Read more
GrainCorp to boost U.S. malt output, target craft beer boom
Sydney | Reuters –– Australian agribusiness GrainCorp plans to nearly double output capacity at one its U.S. malt plants, to capitalize on soaring North American demand for craft beer. Typically […] Read more
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