CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) moved lower during the week ended June 30, with CWRS bids falling […] Read more
Markets/Business
Prairie CWRS cash bids fall below $5 a bushel
U.S. Army Corps to close upper Mississippi as waters rise
Chicago | Reuters — Rising flood waters were expected to make 11 locks and dams impassable on the mid- and upper-Mississippi River and force the closure of the river later […] Read more
U.S. livestock: CME hogs jump as virus takes big toll on U.S. herd
Chicago | Reuters — Chicago Mercantile Exchange hog futures closed sharply higher on Monday, with most months up the three-cent daily price limit as investors covered short positions after learning […] Read more
U.S. grains: Corn, wheat, soy tumble on acreage, stocks estimates
Chicago | Reuters — U.S. grain and soybean futures tumbled on Monday after the Agriculture Department reported higher-than-expected figures for U.S. soy plantings and June 1 corn and soy stocks. […] Read more
Beef benefits expected from China deal, over time
CNS Canada — A deal to increase the volume and cuts of Canadian beef that are shipped to China is winning applause from the Canadian cattle sector, but isn’t likely […] Read more
Klassen: Strength in fed cattle leads feeder market higher
Fed cattle values jumped in Canada and the U.S. this past week, which led the feeder market higher on both sides of the border. Alberta packers were buying fed cattle […] Read more
PEDv shrinks March-May U.S. hog herd more than expected
Reuters — The U.S. hog herd shrank more than anticipated in the March-May quarter as a deadly pig virus swept through farms, a U.S. Department of Agriculture report showed on […] Read more
U.S. livestock: CME hogs up on short-covering before USDA report
Chicago | Reuters –– Chicago Mercantile Exchange hog futures closed higher on Friday, supported by short-covering and positioning before the U.S. Department of Agriculture’s quarterly hog report at 2 p.m. […] Read more
U.S. grains: Soybeans slide on profit-taking before crop reports
Chicago | Reuters — U.S. soybean futures on Friday retreated from a two-week high reached the previous session as traders booked profits ahead of the release of key U.S. crop […] Read more
StatsCan raises canola acreage, but actual area likely lower
CNS Canada — Statistics Canada released its latest acreage estimates on Friday, with canola coming in at 20.2 million acres, above the previous guess of 19.8 million. That number, however, […] Read more
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