CNS Canada –– Average cash bids for Canada Western Red Spring (CWRS) wheat moved lower during the week ended Friday, as U.S. wheat futures continued to tumble. CWRS prices were […] Read more
Markets/Business
Prairie wheat bids fall as U.S. futures continue to tumble
U.S. grains: Soybeans fall most since June on big global supplies
Chicago | Reuters — U.S. soybean futures fell more than three per cent on Monday, their largest daily decline since June, after a record supply outlook from the U.S. Department […] Read more
U.S. livestock: CME hogs slump to two-year low as funds roll positions
Chicago | Reuters — Chicago Mercantile Exchange lean hogs sank to a two-year bottom on Monday as funds kept selling February contracts and rolling their long positions into back months, […] Read more
Klassen: Holidays leave feeder cattle market undefined
Western Canadian feeder cattle prices were undefined this past week as most auction markets remained on holidays or had limited volumes. Cow-calf producers were not anxious to market calves with […] Read more
Ukraine says no grain export curbs planned
Kiev | Reuters — Ukraine has no plans to restrict grain exports after Russia introduced curbs to stabilize surging prices, and will instead meet with traders to plan the year […] Read more
U.S. livestock: More fund sales drop CME live cattle limit-down
Chicago | Reuters — Chicago Mercantile Exchange live cattle nearby trading months closed down their three-cents-per-pound price limit on Friday, pressured by persistent fund liquidation as part of their yearly […] Read more
U.S. grains: Corn, soy gain on export demand
Chicago | Reuters — U.S. corn and soybean futures firmed on Friday, supported by strong export demand, while wheat weakened slightly as traders evened up positions ahead of a key […] Read more
Argentina denounces farmer soy hoarding, says hurts state income
Buenos Aires | Reuters — Argentine growers hoarding soybeans to protect themselves from inflation are hurting both state and farm income in the world’s No. 3 exporter of the oilseed, […] Read more
Egypt says wheat stocks enough to last until early May
Cairo | Reuters — Egypt’s stock of wheat for its subsidized bread program will last until the first week of May, well into the start of the local harvest, after […] Read more
China’s small dairy farmers dump milk as sector enters downturn
Beijing | Reuters –– Small dairy farmers in China are dumping milk and selling cows as demand from processors slows in a sharp turnaround from last year, when a scramble […] Read more
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