CNS Canada –– ICE Futures Canada canola futures moved lower during the week ended Wednesday, but remain stuck in the same wide range they’ve been in for the past month. […] Read more
Markets/Business
ICE weekly outlook: Rangebound canola could go either way
Ont. turkey farm’s avian flu confirmed as H5N2
A quarantined southwestern Ontario turkey farm has been confirmed with the same strain of highly pathogenic H5N2 avian flu seen on farms in British Columbia and several U.S. states. The […] Read more
Brazil soy exports likely to slow after fire near Santos port
Sao Paulo | Reuters –– Brazil’s soy exports will likely slow because a six-day fire at a nearby fuel-storage facility has restricted access to Brazil’s largest port, Santos, a port […] Read more
JBS has cash for takeover, but focused on growth, CEO says
Sao Paulo | Reuters — Brazilian meat packer JBS will have sufficient cash flow in 2015 to bankroll potential acquisitions, but for the time being plans to focus on consolidating […] Read more
Russia may consider lifting food ban from Greece, Hungary, Cyprus
Moscow | Reuters — The Russian government could consider removing Greece, Hungary and Cyprus from its ban on most Western food imports, Russian Agriculture Minister Nikolai Fyodorov was quoted as […] Read more
Taiwan, Japan ban Ont. poultry over avian flu
Winnipeg | Reuters — Japan and Taiwan have imposed trade restrictions on poultry and poultry products from Ontario, the Canadian Food Inspection Agency said Tuesday, a day after avian flu […] Read more
U.S. grains: Soy falls for third day in a row
Chicago | Reuters — U.S. corn and soybean futures eased on Tuesday on pressure from abundant global supplies and weakening demand for U.S. offerings on the export market, traders said. […] Read more
U.S. livestock: CME live cattle futures buck early losses, hogs wilt
Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Tuesday following improved wholesale beef values and futures’ discount to last week’s cash prices, traders said. April closed […] Read more
Prairie wheat bids firm amid widening basis levels
CNS Canada — Cash bids for Canadian wheat were mostly firmer during the week ended Friday. Strengthening U.S. futures were supportive, though basis levels widened in many regions. Prices are […] Read more
Klassen: Record fed prices lead feeder market higher
Western Canada’s feeder cattle prices traded $3 to $5 higher over the past week, with lighter weight categories under 700 pounds jumping $8 to $10 in some cases. Renewed buying […] Read more
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