Chicago | Reuters — Chicago Board of Trade corn and soybean futures dropped on Friday, with big crops in focus following a U.S. Agriculture Department report that boosted already-record forecasts […] Read more
Markets/Business
U.S. grains: Corn, soy fall on big harvest, hedge pressure
USDA raises record U.S. corn, soybean crops again
Washington | Reuters — U.S. corn and soybean production in 2014 will be even higher than the record forecast a month ago, but somewhat below market expectations, U.S. Department of […] Read more
Unknowns keep lentil bids strong
CNS Canada — Lentil bids in Western Canada continue to show strength, but with the size and quality of this year’s crop still very much unknown, the highs may be […] Read more
U.S. livestock: CME live cattle fall from record high as stocks plunge
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Thursday, off an earlier record high, pressured by profit-taking following Wall Street’s tumble, traders said. U.S. stocks […] Read more
U.S. grains: Wheat breaks six-session win streak
Chicago | Reuters –– U.S. wheat futures fell 2.9 per cent from four-week highs on Thursday, with investors focusing on poor demand and plentiful global stocks ahead of a key […] Read more
EU raids ethanol companies over price-fixing concerns
Brussels | Reuters — The European Commission has raided ethanol companies in two EU countries as part of investigations into alleged price-fixing. The Commission, which acts as the competition watchdog […] Read more
Argentina says will make soy producers sell more
Buenos Aires | Reuters –– Argentina will use “all the tools” at its disposal to end financial speculation by grains producers and exporters, government cabinet chief Jorge Capitanich said Wednesday, […] Read more
Monsanto reports smaller loss, forecasts profit below estimates
Reuters — Monsanto, the world’s largest seed company, reported a narrower fourth-quarter loss on Wednesday and said it sees continued growth in the new fiscal year on sales of corn […] Read more
ICE weekly outlook: Canola up but hitting resistance
CNS Canada — ICE Futures Canada canola contracts moved higher during the week ended Wednesday, as values start to rebound slightly in the face of the advancing Prairie harvest. Despite […] Read more
CBOT corn poised to drop below US$3/bu.
CNS Canada — Chicago corn futures moved higher during the week ended Wednesday, but the U.S. Department of Agriculture’s monthly crop report, due Friday, has the potential to push values […] Read more
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