Chicago | Reuters — Chicago Mercantile Exchange live cattle ended mixed on Tuesday with nearby contracts supported by their discounts to recent cash prices, while back months sagged on forecasts […] Read more
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Markets/Business
U.S. livestock: CME live cattle, hog futures close mixed
Bulk shipping cost index sinks to 30-year lows
CNS Canada –– The Baltic Dry Index, which tracks global bulk shipping rates, has fallen to its lowest levels in 30 years, which should make North American grains and oilseeds […] Read more
U.S. West Coast port operations resume, more labour talks scheduled
Los Angeles | Reuters — U.S. West Coast port operations resumed in full on Monday after shipping companies suspended loading and unloading of freighters for the weekend, citing chronic cargo […] Read more
Klassen: Renewed buying interest drives feeder market
Western Canadian feeder cattle prices experienced extremely aggressive buying interest this past week. Feeder cattle in the 700-pound-plus category were trading $2 to as much as $8 higher in some […] Read more
Brazil’s grain traders fear monopoly if rail merger allowed
Sao Paulo | Reuters –– Brazil’s grain industry association, Abiove, said on Monday the takeover of the main railway operator America Latina Logistica (ALL) by Rumo, the logistic arm of […] Read more
U.S. grains: Corn, soy rise on short-covering ahead of USDA report
Chicago | Reuters –– U.S. corn and soybean futures edged higher on Monday, lifted by investor short-covering and position-squaring ahead of the monthly U.S. Department of Agriculture supply and demand […] Read more
U.S. livestock: CME hog futures resume slide to six-year low
Chicago | Reuters — Chicago Mercantile Exchange lean hogs returned to their lowest level in six years on Monday, pressured by softer cash prices and profit-taking after a futures rally […] Read more
BMR hardware chain joins Coop federee
Agrifood processor and ag retailer La Coop federee has moved from minority stakeholder to full owner of home reno and hardware retail chain Groupe BMR. Coop federee, Quebec’s biggest agrifood […] Read more
U.S. livestock: Bargain hunters reverse CME hog futures losses
Chicago | Reuters — Chicago Mercantile Exchange lean hogs rallied on Friday, with some contracts up the three-cents-per-pound price limit, fueled by bargain hunting following futures’ plunge to a six-year […] Read more
U.S. grains: Soybeans fall as dollar rises on jobs data
Chicago | Reuters — U.S. soybeans ended lower on Friday as a jump in the dollar on strong employment data spurred technical selling, traders said. Additionally, forecasts of record soybean […] Read more
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