Chicago | Reuters — U.S. corn and soybeans edged higher on Wednesday as investors covered short positions after prices fell to multiyear lows earlier in the session, and as rains […] Read more
Markets/Business
U.S. grains: Corn, soy rebound on short-covering
U.S. livestock: CME feeder cattle surge three-cent limit
Chicago | Reuters — Chicago Mercantile Exchange feeder cattle contracts on Wednesday settled up at their maximum three-cents daily price limit, lifted by live cattle futures’ climb to a new […] Read more
Trade awaits updated StatsCan production estimates
CNS Canada — Statistics Canada releases updated estimates on the size of the 2014-15 crops on Friday, but the lateness of the harvest in many areas will limit how much […] Read more
USDA to restart U.S. oilseed crush reports in 2015
Reuters — The U.S. Department of Agriculture is taking over a series of industrial grain and oilseed reports discontinued in 2011 by the U.S. Census Bureau, but USDA will not […] Read more
Fertilizer maker Mosaic cuts phosphate output
Reuters –– Mosaic Co., the world’s largest maker of finished phosphate products, said Tuesday it will reduce phosphate output, and it dampened sales expectations. The U.S. fertilizer producer said the […] Read more
EU farmers to get more aid to deal with Russian food ban
Brussels | Reuters — The European Commission on Tuesday announced a new set of measures, worth up to 165 million euros, to help fruit and vegetable producers hit by a […] Read more
ADM expands U.S. Pacific Northwest venture with Marubeni
Reuters — U.S. agribusiness company Archer Daniels Midland said Tuesday it has acquired a stake in Portland, Oregon export terminal Columbia Grain by expanding its Kalama Export Co. joint venture […] Read more
Land values still rising, but at slower pace, Re/Max says
Severe weather and slipping crop prices haven’t yet dragged down Canada’s agricultural real estate values, which overall continue to rise, but at a relatively slower pace, according to Re/Max. The […] Read more
U.S. livestock: Profit-taking undercuts CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower Tuesday, pressured by profit-taking and fund selling on the final trading day for the quarter, traders and analysts […] Read more
U.S. grains: Soy falls on big supply, set for worst quarter in six years
Chicago | Reuters –– U.S. soybeans fell one per cent on Tuesday, pressured by a record harvest, as traders shrugged off a U.S. Agriculture Department report that showed domestic supplies […] Read more
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