Beijing | Reuters — China’s grain imports could plummet this year, with the government determined to sell off as much of its bulging state grain reserves as possible before it […] Read more
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Markets/Business
Analysts expect China to issue grain import quotas after state sales end
Cargill profit surges as lower grain prices spur demand
Reuters — Replenished grain supplies following a bumper North American harvest bolstered global commodities trader Cargill’s bottom line in its latest quarter as lower prices lifted demand for crops and […] Read more
Feed barley values seen ‘popping’ in January
CNS Canada –– Western Canadian feed barley prices remained firm to start the year, with bids having enjoyed a gradual rise from the $190 per tonne range in late November […] Read more
Declining wheat futures watch corn for further direction
CNS Canada — U.S. wheat futures have posted large losses over the past three weeks, but will be watching corn to provide some further direction in the near future, according […] Read more
Brazil exported 3.3 per cent more beef in 2014, industry says
Sao Paulo | Reuters –– Brazil, the world’s top beef exporter, shipped 1.56 million tonnes of meat abroad in 2014, 3.3 per cent more than it did in 2013, industry […] Read more
U.S. grains: Wheat, corn slump as export demand weakens
Chicago | Reuters –– U.S. wheat futures fell 2.2 per cent to a six-week low on Thursday on poor export demand and easing concerns about crop damage despite sub-zero temperatures […] Read more
U.S. livestock: CME hogs near two-year low in active fund selloff
Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Thursday sank to their lowest level since March 2013 on liquidation by funds as part of their annual rebalancing of […] Read more
Five-year beef plan seeks boosts in demand, efficiency
A new strategy from national and provincial cattle producer and beef marketing agencies has set five-year percentage benchmarks for the industry’s productivity, added value and cost-effectiveness. Canada’s beef sector groups […] Read more
Monsanto profit falls, less sharply than Street expected
Reuters — Monsanto on Wednesday reported a 34 per cent drop in quarterly profit, in part because of lower planted corn acreage in South America and a shift in timing […] Read more
ICE weekly outlook: Weak loonie to underpin canola futures
CNS Canada — The ICE Futures Canada canola market was stronger during the week ended Wednesday, taking some direction from the rally seen in Chicago soybean futures. Soybeans gained about […] Read more