Brasilia | Reuters –– Brazil’s Justice Minister Jose Eduardo Cardozo said Thursday the government would impose fines of between 5,000 and 10,000 reais (C$2,167 to $4,334) per hour on striking […] Read more
Markets/Business
Brazil warns of fines for striking truckers
U.S. grains: Soy climbs on Brazilian truck strike
Chicago | Reuters — Chicago soybean futures rose on Thursday on uncertainty over Brazil’s trucker strike, which threatens to stall movement of the new harvest of the grain onto the […] Read more
Maple Leaf reduces Q4 loss, hikes dividend
Reuters — Meat processor Maple Leaf Foods reported a smaller, but still disappointing, quarterly loss on Thursday, as it worked through a plan to close older packing plants. Even so, […] Read more
IGC sees smaller global wheat, corn crops in 2015-16
London | Reuters –– Global corn production is expected to fall by five per cent in 2015-16 from this season’s record level and the world wheat crop to decline by […] Read more
Trade panel rejects Que. appeal on edible oil products
Quebec has lost its last path of appeal against an interprovincial trade panel’s decision on restrictions for sales of vegetable oil-based dairy products in the province. An appellate panel, convened […] Read more
CBOT soy seen weakening as soon as Brazil’s logistics improve
CNS Canada — Chicago Board of Trade (CBOT) soybean futures moved higher during the week ended Wednesday, as continued good export demand for U.S. soybeans was bullish. Brazil’s slower than […] Read more
ICE weekly outlook: Canola runs into resistance
CNS Canada — ICE Futures Canada canola contracts hit their highest levels in seven months during the week ended Wednesday, but ran into resistance to the upside and posted small […] Read more
ADM cuts biodiesel output as industry hit by weak margins
Winnipeg/New York | Reuters — Archer Daniels Midland , one of the world’s top biofuels producers, has slowed North American biodiesel output, the latest sign the industry is battling uncertainty […] Read more
Brazil truck strike grinds into second week, port access cleared
Sao Paulo | Reuters — Truckers staged nearly 100 roadblocks across Brazil’s farm belt on Wednesday as protests stretched into their eighth day, though access to the country’s biggest port […] Read more
U.S. grains: Soybeans slide on easing concerns about Brazil truck strike
Chicago | Reuters — Chicago Board of Trade soybeans retreated on Wednesday from a six-week high earlier this week, on prospects for an imminent end to the Brazilian truck drivers’ […] Read more
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