Average bids for Canadian Western Red Spring (CWRS) wheat weakened slightly during week ended July 21 at a cross section of delivery points across Western Canada. However, Canadian bids lagged […] Read more
Markets/Business
Canadian wheat bids mixed despite continued U.S. losses
French wheat premiums soar as market fears more rain damage
Paris/Reuters — Premiums for higher-quality wheat in France jumped on Monday as heavy weekend rain added to fears that this year’s harvest in the European Union’s top producer and exporter […] Read more
GRAINS: Wheat futures fall a day after Ukraine crash price spike
Reuters — U.S. wheat futures fell 3.4 per cent on Friday, erasing gains posted a day earlier following the downing of a Malaysian commercial airliner over eastern Ukraine, while Chicago […] Read more
LIVESTOCK: CME live cattle climb following beef price rebound
Chicago/Reuters – Chicago Mercantile Exchange live cattle closed higher on Thursday, driven by short-covering after wholesale beef prices ended their recent downtrend, traders said. Thursday morning’s wholesale price for choice beef […] Read more
GRAINS: Wheat up on fears political fallout could crimp Black Sea exports
Reuters – U.S. wheat futures surged 2 per cent on Thursday, rallying from a recent four-year low on fears of escalating geopolitical tension in the Black Sea region after a […] Read more
Low ocean freight rates aid North American grain exports
CNS — The Baltic Dry Index, which tracks global ocean shipping rates, is currently trading at its weakest levels of the past year. The declining cost of ocean freight makes […] Read more
GRAINS: Corn, soybeans bounce a day after touching multiyear lows
Reuters — U.S. corn and soybean futures rose on Wednesday in a light bounce after setting multiyear lows a day earlier, but farmer selling and expectations of near-record U.S. harvests […] Read more
ICE Canada weekly outlook: canola ‘edgy,’ watching weather
ICE Futures Canada canola contracts dropped to their lowest levels in five months at one point during the week ended July 16, but managed to post small gains overall as […] Read more
U.S. officials call foul over Canada’s ‘pizza kit’ clampdown
Ottawa’s move to plug a regulatory hole that eased pizzerias’ access to U.S. mozza seems to have halted traffic in “pizza kits” — but U.S. officials see that move as potentially […] Read more
Edible beans fight for yields in watery Manitoba
CNS — Flooding in Manitoba is causing headaches for growers of edible beans but at least two industry experts think they’ll come out of the situation OK. Jason Voth farms […] Read more
Cyber-Savvy Farmer
