Chicago | Reuters — The price of corn-based distillers’ dried grain (DDG), a byproduct of ethanol refining, has jumped 25 per cent in the past month as demand rose from […] Read more
Markets/Business
U.S. distillers’ grain prices rise on domestic demand, China hopes
Shuttered Que. beef plant’s equipment sold
The chance of a rescue for Quebec’s Levinoff-Colbex cull cow packing plant has passed, now that the facility’s equipment has been sold off piecemeal at auction. Provincial investment financing agency Investissement Quebec and […] Read more
U.S. livestock: CME live cattle hit seven-week low in bearish fundamentals
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday sank to their lowest point since mid-October after the steep drop in cash and wholesale beef prices, traders […] Read more
U.S. grains: Soybeans surge to one-week high on export demand, meal strength
Reuters — Soybeans climbed to a one-week high on Friday with a boost from strong export demand and meal prices, ahead of a key U.S. government crop report next week. […] Read more
Letter to the editor, Dec. 5, 2014
Rod Nickel’s article,“Canada’s wheat exports dogged by quality complaints,” incorrectly states that there has been an increase in the number of complaints from buyers of Canadian wheat since the removal […] Read more
PotashCorp reviews stakes in fertilizer firms with eye on control
Reuters — Saskatchewan’s PotashCorp, the world’s largest fertilizer producer, is sizing up its chances of gaining control of four companies in which it holds minority stakes, CEO Jochen Tilk said […] Read more
Burger King takeover of Tim’s gets federal approval
Canada’s federal industry minister has given his blessing to the planned takeover of iconic coffee-and-donut chain Tim Horton’s by U.S. fast food giant Burger King. James Moore said Thursday his […] Read more
U.S. livestock: CME live cattle finish lower after wild ride
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended moderately lower on Thursday after a choppy session in which anticipation of lower cash prices overtook sporadic short-covering, traders […] Read more
U.S. grains: Strong exports fuel corn, soy rally
Chicago | Reuters — Soybean and corn futures rose on Thursday on an export report that showed recent price declines have sparked strong overseas demand for U.S. commodities, traders said. […] Read more
Larger Canadian wheat, canola crops beat expectations
CNS Canada — Canada’s 2014-15 wheat and canola crops both ended up considerably larger than early guesses, according to updated production estimates released Thursday by Statistics Canada. Production, however, was […] Read more