Beijing / Reuters — China is expected to import a record 5 million tonnes of canola in 2014, a rise of 64 per cent from last year, due to profitable […] Read more
Markets/Business
China 2014 canola imports seen at record
No frost but excess rain for Argentina wheat
Buenos Aires / Reuters — Argentina’s wheat plants were not hit by frost over the weekend as feared but strong rainfall since Saturday has generated excess humidity that could cause […] Read more
Canadian wheat lowest in Iraq tender — trade
Hamburg / Reuters — Canadian wheat was offered lowest at $323.40 a tonne c&f free out (ciffo) in the tender from Iraq’s state grains board to buy at least 50,000 […] Read more
CWB says it’s not for sale
Manitoba Co-operator — CWB isn’t a grain company on the auction block, it’s a company looking for a new partner, who along with farmer-shareholders, will help it grow to serve […] Read more
CWRS bids up as basis strengthens
Commodity News Service Canada — Average cash bids for Canadian Western Red Spring (CWRS) wheat were stronger during the week, underpinned by improving basis levels in Western Canada and stronger […] Read more
EU rapeseed crop forecast at new record
Reuters — Crop consultancy Strategie Grains has raised its estimate of the 2014 rapeseed harvest in the European Union to a record 24.0 million tonnes, from 23.8 million last month, […] Read more
Strike averted on St. Lawrence Seaway
Reuters — The union that represents workers along the St. Lawrence Seaway has agreed to take a contract dispute to arbitration, avoiding a strike that would have shut the waterway […] Read more
Klassen — feeder cattle market reflects mixed tone
Western Canadian feeder cattle prices reflected a mixed tone over the past week with values $3 to $5 higher on vaccinated preconditioned calves; unvaccinated calves just off their mothers were […] Read more
U.S. livestock: CME live cattle futures end lower on weaker cash trade; hogs edge up
Chicago / Reuters – Chicago Mercantile Exchange live cattle ended lower on Friday, pressured by lower cash cattle prices and weaker overall commodities market, traders said. “The morning beef prices were not […] Read more
U.S. grains: soymeal makes biggest monthly gain since 1976
Chicago / Reuters – U.S. soymeal climbed 2 per cent on Friday, capping the commodity’s best monthly performance since 1976, as short-term supply strains in the United States continued to fuel buying. Soybeans also […] Read more
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