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
Markets/Business
Brazil regulator lifts suspension of JBS Foods’ IPO
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
U.S. grains: Wheat jumps on Black Sea woes, short-covering
Chicago | Reuters — U.S. wheat futures surged 5.2 per cent to nearly a six-month high on Monday on concerns about a slowdown in exports from Russia and other countries […] Read more
Sask. to raise brand inspection, registration fees
The new not-for-profit agency running Saskatchewan’s brand inspection, registry and livestock dealer licensing services is set to boost its fees in the new year. Livestock Services Corp. of Saskatchewan (LSS) […] Read more
Russia says oil-for-goods deal with Iran could be sealed soon
Moscow | Reuters — Russia hopes a deal to supply grain and equipment to Iran in return for oil can be reached soon, Russia’s Economy Minister Alexei Ulyukayev said Sunday. […] Read more
U.S. livestock: CME feeder cattle surge limit-up
Chicago | Reuters — Lightly traded Chicago Mercantile Exchange feeder cattle contracts on Monday closed up the maximum three-cents-per-pound daily price limit fuelled by live cattle futures’ rebound, traders said. […] Read more
Grain freight minimums beneficial, but not seen as best solution
CNS Canada –– The Canadian government’s decision to extend its order-in-council requiring a minimum tonnage of grain shipped by the two major railways each week will benefit the ag industry […] Read more
CWRS wheat bids rise with U.S. futures
CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat moved higher during the week ended Friday, as a rally in the U.S. futures provided some support. […] Read more