Western Canada’s feeder cattle prices traded in an volatile fashion this past week due to uncertain economics and beef demand uncertainty. Early in the week, auction barns were reporting values […] Read more
Markets/Business
Klassen: Feeder cattle experience volatile price action
Prairie CWRS bids up as basis moves to a premium
CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat were higher during the week, as basis levels moved higher, now offering farmers a premium over futures […] Read more
U.S. livestock: Fund buying lifts CME live cattle to new high
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures hit a new high on Monday, sparked by active fund buying that triggered buy stops and short-covering, traders said. October […] Read more
U.S. grains: Prices touch one-week lows on improved U.S. harvest weather
Chicago | Reuters — U.S. corn and soybean futures touched one-week lows on Monday as drier weather in the U.S. Midwest was expected to allow harvests to accelerate after rain […] Read more
CP, CSX no longer talking merger
Canadian Pacific Railway (CP) has shut down last week’s media buzz about any possibility of a merger with the third biggest railway in the U.S. The Wall Street Journal and […] Read more
A+W tightens chicken supply requirements
Canada’s No. 2 burger chain, in the midst of a bid to carve out new market space for its beef and eggs, now plans to differentiate its chicken burgers and […] Read more
Revised U.S. COOL law still breaks trade rules, WTO panel finds
A World Trade Organization compliance panel has ruled the U.S. government offside in its latest attempt at a trade-compliant country-of-origin labelling (COOL) law on meat. Following a long-awaited public release […] Read more
Canaryseed market quiet, but watching Europe
CNS Canada — Saskatchewan’s canaryseed harvest in Saskatchewan is moving along, although with production only up slightly on the year and demand steady for the time being, the market is […] Read more
U.S. senator raises concerns over potential CP, CSX deal
Chicago | Reuters — The head of a U.S. Senate subcommittee raised concerns in a letter Thursday to the U.S. Attorney General and head of the top U.S. rail regulator […] Read more
Shortlines shortchanged in Western Canada
CNS Canada — Western Canada’s shortline railways are getting the short end of the stick as they struggle to meet their own commitments moving grain and other products along their […] Read more
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