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
Markets/Business
Protein demand, fracking affecting grain prices
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
U.S. grains: Corn, soybeans and wheat up on spillover from soymeal
Chicago / Reuters – U.S. soymeal surged 7 per cent on Wednesday, increasing this week’s gains to the largest in six years as a slow start to a record soybean harvest coupled […] Read more
Canadian durum quality the worst on record
Commodity News Service Canada — The 2014/15 (Aug/Jul) Canadian durum (CWAD) crop is the worst on record quality-wise, Bruce Burnett, weather and crop specialist with CWB said during a presentation […] Read more
Prairie canola basis to continue improving
Commodity News Service Canada — Canola basis levels in Western Canada are already looking better than year-ago levels, but they’re expected to continue improving, Bruce Burnett said during a presentation […] Read more
Scoular to source canola, sell output for Legumex’s U.S. crusher
Grain trading firm The Scoular Co. is set to start feeding canola to Prairie special crop processor Legumex Walker’s crushing facility near the U.S. West Coast — and to market the […] Read more
U.S. grains: Soy, corn higher but trim gains after short-covering surge
Chicago | Reuters — U.S. soybean and corn futures surged to multi-month highs during a short-covering rally on Tuesday but trimmed their gains after the elevated prices sparked a round […] Read more
U.S. livestock: CME lean hogs turn higher on short-covering
Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed higher Tuesday, supported by short-covering and speculative buying after recent market losses, traders said. December finished 1.15 cents per pound […] Read more
Dreyfus’ Sask. canola plant offline indefinitely
Reuters — A canola-crushing plant owned by the Canadian unit of global grain trader Louis Dreyfus will be offline indefinitely after an explosion and fire on Friday, the company said. […] Read more
Klassen: Feeder cattle markets remain firm at feature sales
Western Canadian feeder cattle markets experienced extreme volatility over the past week. Strong buying interest was noted on pre-conditioned calves while unweaned bawlers traded $2-$5 per hundredweight (cwt) lower. Alberta […] Read more
Cyber-Savvy Farmer
