Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed higher on Thursday, fueled by bargain hunting in the technically oversold market, traders said. February, which will expire on Friday, […] Read more
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Markets/Business
U.S. livestock: CME hogs jump on bargain hunting, cattle firm
U.S. grains: Soybeans rise on exports; corn, wheat weak
Chicago | Reuters –– Soybean futures firmed Thursday on signs that export demand for U.S. supplies remained robust despite expectations of bumper harvests in Argentina and Brazil, traders said. Wheat […] Read more
Another union serves CP with strike notice
Barring last-minute deals or back-to-work legislation, staff handling locomotive and rail car inspection, maintenance and repair at Canadian Pacific Railway may join the company’s engineers and conductors on strike Sunday. […] Read more
Chickpea prices subdued, bounce unlikely in short term
CNS Canada –– Weather issues in India have generated some rumblings in the international chickpea market recently, but prices remain subdued in Western Canada and aren’t expected to see any […] Read more
Walmart to boost fresh food handle in Canada
The Canadian arm of U.S. retail giant Walmart has earmarked about $340 million to build 29 new retail and grocery supercentres and to expand its distribution networks for fresh food […] Read more
ICE weekly outlook: Canola hangs tough with loonie
CNS Canada –– ICE Futures Canada canola contracts were rangebound for the week ended Wednesday, but managed to post slight gains overall as a weaker Canadian dollar supported values. “Weakness […] Read more
U.S. grains: Soybeans, wheat turn higher on bargain buying
Chicago | Reuters — U.S. wheat and soybeans were narrowly higher on Wednesday, rebounding from losses earlier in the session on support from bargain buying and active spread trading after […] Read more
U.S. livestock: CME live cattle, hogs slump on demand, supply jitters
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell hard Wednesday on profit-taking led by slack meat sales ahead of increased supplies later, traders said. February closed 0.5 […] Read more
CP conductors, engineers serve strike notice
Unionized engineers and conductors on Canadian Pacific Railway’s (CP) trains have served formal notice they’ll strike Sunday, barring a negotiated deal with the company. The Teamsters Canada Rail Conference (TCRC), […] Read more
U.S. grains: Wheat falls one per cent on USDA outlook
Chicago | Reuters — U.S. wheat futures fell 1.5 per cent on Tuesday, declining for the first time in four sessions after the U.S. Department of Agriculture in a monthly […] Read more
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