Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures sagged Wednesday in anticipation of weaker prices for slaughter-ready (cash) cattle, traders said. Futures’ losses, sunken margins and packers struggling […] Read more
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Markets/Business
U.S. livestock: Soft cash price outlook sinks CME live cattle
ICE weekly outlook: Canola looking bearish with soybeans
CNS Canada — ICE Futures Canada canola contracts moved lower during the week ended Wednesday, as bearish technical signals, declines in the outside crude oil market and losses in CBOT […] Read more
Two more B.C. poultry farms quarantined for avian flu
Two Fraser Valley poultry farms — both of which received birds from one of two farms quarantined this week with confirmed cases of H5 avian influenza — are now also […] Read more
Canada’s wheat exports dogged by quality complaints
Winnipeg | Reuters –– Buyers of Canadian wheat are increasingly complaining about quality ever since Ottawa changed how its biggest crop is sold and inspected, raising the risk the world’s […] Read more
Asian markets block Canadian poultry over bird flu
Reuters — Canada’s detection of avian influenza on two British Columbia farms has resulted in trade restrictions from several Asian markets, a government spokesman said Wednesday. South Korea has banned […] Read more
Prairie flax prices strong as farmers sit on supplies
CNS Canada — Flax prices in Western Canada are staying strong, with a lack of significant farmer selling supporting the market. “It seems as though the farmers are just sitting […] Read more
Brazil regulator lifts suspension of JBS Foods’ IPO
Sao Paulo | Reuters –– Brazil securities regulator CVM on Tuesday lifted its suspension of the initial public offering for JBS SA’s processed food unit, JBS Foods, as long as […] Read more
U.S. livestock: Profit-taking undercuts CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle turned lower on Tuesday on profit-taking that wiped out Monday’s gains, traders said. Prospective futures buyers clung to the sidelines, given […] Read more
U.S. grains: Soy, corn plunge on South American weather, technicals
Chicago | Reuters — U.S. soybean futures dropped 2.1 per cent to their lowest in more than five weeks on Tuesday on good conditions for growth in Brazil and Argentina, […] Read more
Upward revisions expected in StatsCan report
CNS Canada –– Canada’s major agricultural crops likely yielded a bit better than earlier estimates, and most industry participants anticipate Statistics Canada’s production numbers will be revised higher in a […] Read more
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