CNS Canada — Western Canada’s grain farmers are expected to benefit from recent lower ocean freight rates as the Baltic Dry Index (BDI), a measurement of such rates, has dropped […] Read more
Markets/Business
Prairie farmers to benefit from lower ocean freight rates
Dairy support price trimmed starting March 1
Canada’s dairy producers can expect their overall revenue from sales of industrial milk to slip nearly two per cent starting in March. The Canadian Dairy Commission on Thursday announced it […] Read more
U.S. livestock: More CME live cattle selling as cash prices plunge
Chicago | Reuters –– Chicago Mercantile Exchange live cattle ended lower in volatile trade on Thursday, pressured by residual fund liquidation and the steep drop in cash prices, traders said. […] Read more
U.S. grains: Soybeans fall on soymeal tumble, NOPA data
Chicago | Reuters — U.S. soybeans reversed earlier gains to fall two per cent on Thursday, pressured by a steep downturn in soymeal futures and smaller-than-expected private crushing data. Wheat […] Read more
Oat growers wait for better prices in 2015
CNS Canada –– High freight costs and a reluctance by farmers to sell at current prices has made for a sluggish start to the New Year for oats, according to […] Read more
In surprise move, Target to pull out of Canada
Toronto | Reuters — Target Corp. will abandon its ill-fated expansion into Canada less than two years after launch, the U.S. discount retailer said on Thursday, in a surprise retreat […] Read more
Chipotle’s pork plight could hurt Q1 results
Reuters –– Chipotle Mexican Grill’s decision to suspend purchases from a pork producer that ran afoul of its animal welfare requirements could bolster its reputation with diners but threatens sales […] Read more
CBOT soybeans poised to drop below US$10
CNS Canada — The Chicago Board of Trade soybean futures market has dropped sharply during the week ended Wednesday, and is poised to fall even further. “For March soybeans, I […] Read more
ICE weekly: Canola strength may be limited
CNS Canada — ICE Futures Canada canola contracts were mixed during the week ended Wednesday, with the most active front months posting gains and losses in the more deferred positions. […] Read more
Federal funding pledged for crop market development work
Canadian crop commodity groups getting federal AgriMarketing funding plan to put the money to work over five years — not just in salesmanship, but in developing their crops’ story for […] Read more
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