CNS Canada –– As the end of summer draws near, so does the end of the barbecue season, which is expected to mean less demand for beef and pork products […] Read more
Markets/Business
Beef, pork prices down from summer highs
U.S. livestock: Short-covering sends CME hog futures higher
Chicago | Reuters –– Chicago Mercantile Exchange hog futures closed higher on Tuesday, driven by short-covering as some investors prepare for an early start of the Labour Day holiday weekend, […] Read more
U.S. grains: Corn drops as rating points to bumper crop
Reuters — Corn futures fell on Tuesday with the U.S. crop reported in the best shape in two decades, reinforcing expectations of a record-large harvest. New-crop soybeans pared losses and […] Read more
Burger King, Tim Hortons reach deal on marriage
Two days after confirming their talks on the idea, Canada’s biggest quick-service restaurant (QSR) chain and the world’s second-biggest burger chain have lined up their US$15.5 billion merger deal. Burger […] Read more
Prairie CWRS bids firm, CPSR holds steady
CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) were firmer, while Canada Prairie Spring Red (CPSR) wheat bids were holding steady during the two weeks ended […] Read more
Canola basis levels widen out approaching harvest
CNS Canada — Canadian canola production is forecast to be lower than expected at 13.9 million tonnes, according to a crop production report from Statistics Canada last week. However, the […] Read more
U.S. livestock: CME live, feeder cattle extend gains after USDA report
Chicago | Reuters –– Chicago Mercantile Exchange live and feeder cattle contracts closed higher for a third straight session on Monday, partly driven by Friday’s U.S. Department of Agriculture Cattle-On-Feed […] Read more
U.S. grains: Corn, soybeans slide on outlook for record crops
Reuters — Chicago corn futures fell on Monday after two straight days of gains while soybeans slid to a contract low on forecasts of record crops in the U.S. Wheat […] Read more
Burger King throne would move north in Timmy’s merger
The world’s second-biggest burger chain is in talks with Canada’s biggest quick-service chain on a merger into a new Canadian-based company. Burger King Worldwide and Tim Hortons confirmed their talks […] Read more
Klassen: Feeder cattle supported on positive outlook
Western Canadian feeder cattle sold steady with week-ago levels based on the positive outlook for fed cattle market during the winter period. Buying enthusiasm among feedlot operators remains very strong, […] Read more
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