Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed mixed on Friday in thin post-Thanksgiving Day volume on positioning during the last trading day for November, traders said. […] Read more
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Markets/Business
U.S. livestock: CME live cattle end mixed on month-end positioning
Ex-Viterra CEO to lead Dreyfus’ commodities business
The CEO who stitched Viterra together from Canada’s Prairie pools has been named to lead Louis Dreyfus’ global commodities business. Mayo Schmidt was announced Friday as the new CEO of […] Read more
U.S. to appeal latest WTO loss on COOL
Canada will have to wait up to three more months before it can impose retaliatory tariffs on U.S. goods over Washington’s mandatory country-of-origin labelling (COOL) law on meat from imported […] Read more
Hidden stocks keep canaryseed rangebound
CNS Canada –– The visible supply-and-demand fundamentals for canaryseed in Western Canada may appear tight — but actual price activity may say otherwise. Canada’s 2014 canaryseed crop was estimated at […] Read more
Prairie farmers reluctant to sell into canola cash market
CNS Canada –– Prairie farmers are reluctant to sell into canola cash markets, in turn supporting basis levels recently as buyers have to work to entice farmer selling. “I think […] Read more
Peas seen gaining strength in second half of export year
CNS Canada — Prices for Canadian green and yellow peas stand to increase as the 2014-15 export year rolls along, in part due to weather damage from excess moisture as […] Read more
IGC raises forecast for 2014-15 global corn crop
London | Reuters — The International Grains Council on Thursday raised its forecast for the 2014-15 world corn (maize) crop, reflecting an upward revision to production in China. Global corn […] Read more
Russia may consider floating tariff on grain exports as last resort
Moscow | Reuters — Russia, a key wheat exporter to North Africa and the Middle East, may consider imposing a floating tariff on grain exports as a measure of last […] Read more
Deere sees equipment sales falling further as farm incomes drop
Reuters — Deere and Co. said it expected equipment sales to fall further as lower grain prices discourage farmers from buying tractors, harvesters and other machinery. Shares of the world’s […] Read more
ICE weekly outlook: Canola to hit major resistance at C$440
CNS Canada — Canola futures were holding relatively steady during the week ended Wednesday, and are expected to continue in a rangebound pattern this winter. The March future is likely […] Read more
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