Having shut its locks for the season on New Year’s Day, the operators of Canada’s St. Lawrence Seaway system report moving a “blowout volume” of grain during the 280-day 2014 […] Read more
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Markets/Business
St. Lawrence floated ‘blowout’ grain volumes in ’14
Prairie wheat bids fall as U.S. futures continue to tumble
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
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