Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hogs fell to their lowest level in five years Wednesday as abundant supplies of heavyweight hogs pressured cash prices and hurt […] Read more
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Markets/Business
U.S. livestock: Supply worries drop lean hogs to five-year low
U.S. grains: Soybeans slip as dollar firms, crude oil falls
Chicago | Reuters — U.S. soybean futures fell 1.5 per cent on Wednesday, retreating from a three-week high notched Tuesday as the dollar rose, traders said. Outlooks for the driest […] Read more
Canada’s large canola stocks top expectations
CNS Canada — Releasing its Canadian year-end stocks estimates, Statistics Canada painted a picture Tuesday that’s mostly bearish for canola. StatsCan’s figure for canola stocks as of Dec. 31, at 11.103 […] Read more
U.S. burger demand a boon to New Zealand dairy farmers
Wellington| Reuters –– Supersized U.S. demand for burgers is a godsend for New Zealand farmers struggling with weak dairy prices but now earning good money for cows sent to slaughter […] Read more
Prairie shippers’ group expands grain car tracking
A clutch of Prairie grain industry stakeholders says its pool of weekly data on rail car spotting is getting deeper and still shows significant shortfalls in car delivery from Canada’s big […] Read more
U.S. grains: Corn gets biggest boost of new year as dollar slips
Chicago | Reuters — U.S. corn and wheat futures climbed four per cent on Tuesday amid a broad-based rally in commodities led by crude oil as the dollar slipped to […] Read more
U.S. livestock: CME live cattle rebound with beef prices
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled higher after Tuesday’s choppy session, supported by the wholesale beef price upswing that trumped initial selling, traders said. February […] Read more
StatsCan canola stocks expected to drop from year-ago mark
CNS Canada –– With Statistics Canada releasing its estimates Wednesday for crop stocks as of Dec. 31, canola supplies are generally expected to fall compared to year-ago levels. The lower […] Read more
China said planning bigger role for market in grains pricing
Beijing | Reuters –– China wants to give the market a bigger role in setting farm prices and move away from a controversial state stockpiling policy that has led to […] Read more
Prairie CWRS bids weaken slightly
CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat generally moved lower during the week ended Friday. Average CWRS prices lost about C$1-$4 per tonne, with […] Read more
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