Commodity News Service Canada – A surge in soybean values at a time when supplies are at a record level shouldn’t be mistaken for a breakdown in fundamental factors affecting […] Read more
Markets/Business
Market analyst warns soybeans could hit $7.00
Concerns for low protein in U.S. soybeans
Reuters — Crop watchers have raised concerns that the massive harvest of soybeans in the United States may not contain enough protein for optimal soymeal production, forcing processors to scramble to […] Read more
U.S. and S. American farmers slow to sell
Reuters — The slow pace of crop sales by farmers that has hurt two of the world’s biggest grain traders will likely stretch into next year, the head of Bunge […] Read more
Winter wheat seeding ‘perfect’ in EU
Commodity News Service Canada — Winter wheat planting conditions have been “perfect” in many areas of the Europe Union this fall, Leo Plaisier, partner at Agribrokers International said during a […] Read more
U.S. livestock: CME live cattle futures hit record high; hogs slide
Chicago / Reuters – Chicago Mercantile Exchange live cattle reached a record high on Thursday, helped by futures’ discounts to last week’s cash cattle prices and short-covering after recent market losses, traders said. October, […] Read more
U.S. grains: soybeans down 1 per cent, corn narrowly lower
Chicago / Reuters – U.S. soymeal futures fell 4 per cent on Thursday for their biggest daily losses since June as investors locked in profits after prices for the protein-rich animal feed soared […] Read more
Asia buyers face problems post-wheat board
Commodity News Service Canada — Before the 2012/13crop year, when the Canadian Wheat Board was stripped of its monopoly to market western Canadian wheat, some Asian companies purchased large amounts […] Read more
Few changes expected in Canadian crop area
Commodity News Service Canada — It doesn’t appear there will be any dramatic changes to acreage for most crops next year, says a market analyst for CWB. Bruce Burnett gave […] Read more
Protein demand, fracking affecting grain prices
Commodity News Service Canada — The difficulty in getting American soymeal from processors to the end-user is just one symptom of a much larger problem facing the current market, said […] Read more
U.S. livestock: CME live cattle finish down, but off session lows
Chicago / Reuters – Chicago Mercantile Exchange live cattle futures sagged Wednesday on profit-taking and fund selling, but strong wholesale beef values helped pull prices off morning lows, traders said. October closed down 0.200 cent […] Read more
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