The terms by which Mayo Schmidt would lead Louis Dreyfus’ commodities business have led the company and its chosen CEO to part ways. Offering no further details, Louis Dreyfus Commodities […] Read more
Markets/Business
Ex-Viterra chief dropped as Dreyfus’ CEO-elect
U.S. livestock: CME live cattle close weaker on profit taking
Chicago | Reuters — Chicago Mercantile Exchange live cattle finished lower in choppy trading on Tuesday, pressured by profit-taking that outpaced initial buying led by bullish fundamentals, traders said. December, […] Read more
U.S. grains: Wheat drops on technical selling, drags corn lower
Chicago | Reuters — U.S. wheat futures tumbled on Tuesday on profit taking and technical selling and as the dollar’s strengthening against the euro added to already-challenging U.S. wheat export […] Read more
India reportedly considering import tax on pulses
New Delhi | Reuters — India, the world’s biggest importer of pulses, is considering a 10 per cent tax on overseas purchases of pulses to support local farmers, a government […] Read more
Prairie CWRS bids ease along with U.S. futures
CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat were softer during the week, following declines seen in U.S. wheat futures. CWRS prices ranged from $4 […] Read more
Klassen: Feeder cattle market ends on mixed tone
Western Canadian feeder cattle markets have ended the year on a mixed tone with most auction barns closed for the holiday season. Alberta packers were buying limited volumes of fed […] Read more
Iraq buys 200,000 tonnes hard wheat from Canada, U.S., Australia
Hamburg | Reuters — Iraq’s state grains board has purchased 200,000 tonnes of hard wheat to be sourced from Canada, the U.S. and Australia in an international tender for at […] Read more
U.S. livestock: CME live cattle climb on beef prices, cash optimism
Chicago | Reuters — Chicago Mercantile Exchange live cattle posted significant gains on Monday, led by strong wholesale beef prices and anticipation of steady or better cash prices this week, […] Read more
U.S. grains: Corn drops from peak, soybeans turn lower
Chicago | Reuters –– U.S. corn futures declined on Monday on technical selling and profit-taking after stronger-than-expected weekly export sales earlier lifted the market to its highest in nearly six […] Read more
Asian grain trader makes play in Peace region
Singapore grain and pulse crop trader Agrocorp has gone into northwestern Alberta’s Peace region to add more grain processing assets to its Canadian operations. The company announced last week it […] Read more
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