Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Tuesday, helped by rising wholesale beef values, traders said. June ended 0.725 cent per pound higher at […] Read more
Markets/Business
U.S. livestock: Improved beef prices take CME live cattle higher
ADM’s Q1 profit jumps on strong oilseed processing results
Chicago | Reuters –– U.S. agribusiness Archer Daniels Midland on Tuesday reported higher-than-expected quarterly profit on strong oilseed crushing margins and robust global demand for soybean meal. Revenue, however, fell […] Read more
Greece wants Canada-EU pact changed to protect ‘feta’ name
Brussels | Reuters — Athens will not back a multi-billion dollar trade pact between Canada and the European Union unless the deal is changed to specify that only Greece can […] Read more
Trans-Pacific ministers’ meeting set for May 26-28
Mexico City | Reuters –– A ministerial meeting aimed at working toward a deal for the 12-nation Trans-Pacific Partnership (TPP) trade pact has been set for May 26-28, the head […] Read more
Prairie CWRS bids mixed as basis adjustments vary
CNS Canada — Cash bids for Canadian wheat were mixed during the week ended Friday, due to basis adjustments that varied from location, to location. Average Canada Western Red Spring […] Read more
Small canola acreage puts more emphasis on March 31 stocks
CNS Canada –– The canola industry will pay closer attention than usual to the upcoming Statistics Canada report on stocks as of March 31, as a smaller canola acreage figure […] Read more
U.S. soy shippers say rail service improved
The U.S. Soy Transportation Coalition (STC) says it’s pleased with recent improvements to rail service, and is giving especially high marks to Canadian Pacific Railway (CP). Last week, the STC […] Read more
McDonald’s reset to change structure, cut costs, boost franchises
Reuters — McDonald’s Corp.’s new CEO said on Monday he would reorganize business units, sell restaurants to franchisees and cut costs in a bid to turn the fast-food chain into […] Read more
U.S. grains: Soybeans rise on soyoil rally; wheat, corn drop
Chicago | Reuters –– U.S. soybean futures rose 1.3 per cent on Monday, following a sharp rally in soyoil that stemmed from talk of rising demand on the export market. […] Read more
U.S. livestock: CME live cattle rebound with beef prices
Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed higher on Monday, shrugging off Friday’s weakness, helped by short-covering following the turnaround in wholesale beef prices, traders said. Monday […] Read more
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