Chicago | Reuters — Chicago Board of Trade corn futures fell on Wednesday as traders booked profits following a two-day surge, driven by U.S. harvest delays, that lifted the market […] Read more
Markets/Business
U.S. grains: Corn declines on profit-taking after six-week high
Red spring wheat bids ease as basis widens
CNS Canada — Average cash bids for Canada Prairie Spring Red (CPSR) wheat eased during the week, despite a firmer tone in U.S. futures, as basis levels widened in many […] Read more
Staff, hog shortages leave Canada’s pork industry squealing
Winnipeg/Chicago | Reuters — Shortages of hogs and packing plant workers in Canada, exacerbated by recent government restrictions, may severely cut hog processing and pork exports, helping to keep North […] Read more
U.S. grains: Soybeans rise, corn hits one-month high on harvest delays
Chicago | Reuters –– U.S. corn futures set a one-month high Tuesday and soybeans hit a three-week top on commercial demand amid harvest delays and slow farmer selling, coupled with […] Read more
CME Group to cut staff by five per cent
CME Group, the world’s top derivatives marketplace, has announced plans to cut about 150 jobs, or five per cent of its staff worldwide, mainly from its technology department. The staff […] Read more
U.S. livestock: CME feeder cattle plunge limit-down
Chicago | Reuters — Most Chicago Mercantile Exchange feeder cattle contracts closed down the maximum three-cents-per-pound daily price limit as live cattle contracts slid and corn prices climbed, traders said. […] Read more
Klassen: Feeder cattle jump $4-$8
Western Canada’s calf prices once again jumped $4-$8 per hundredweight (cwt) while yearling prices advanced a solid $2-$4. Strength in the fed cattle market, along with stronger wholesale beef values, […] Read more
Chance remains for Que. beef plant before asset sale
The equipment at Quebec’s now-shuttered Levinoff-Colbex cull cow packing plant goes to auction in about eight weeks — but until then, its owners will entertain offers from buyers interested in […] Read more
U.S. livestock: CME live cattle end mostly lower as stocks slide
Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts slumped on Friday, pressured by triple-digit Wall Street losses and a firmer U.S. dollar, traders said. U.S. stocks fell […] Read more
U.S. sees 2015 pork output topping beef for first time in 62 years
Chicago | Reuters — The U.S. government on Friday raised its pork production forecast for the calendar year ending September 2015 that shows pork surpassing beef for the first time […] Read more
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