Moscow | Reuters — Russia’s Uralkali, the world’s largest potash producer, cut its 2014 production forecast by eight per cent on Thursday, opting to focus on price rather than sales […] Read more
Markets/Business
Russia’s Uralkali cuts potash output forecast
Cargill invests $100M to expand Russian wheat milling
Chicago | Reuters — Agribusiness giant Cargill said Thursday it has invested US$100 million to expand its wheat milling at its Efremov, Russia, grain complex, nearly doubling its processing capacity […] Read more
N.Z. suggests cutting Japan out of Pacific trade talks
Washington | Reuters –– New Zealand Prime Minister John Key said on Thursday Japan should be cut out of Pacific trade talks if it will not open its markets to […] Read more
U.S. livestock: Strong cash prices rally CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle finished higher on Thursday in response to stronger-than-expected prices for market-ready or cash cattle, traders said. Cash cattle in Texas and […] Read more
U.S. grains: Corn, soybeans rise following heavy rains in U.S. Midwest
Chicago | Reuters — U.S. corn and soybean futures rose for the second straight session on Thursday, supported by concerns that heavy rains in some growing areas of the U.S. […] Read more
ICE weekly outlook: Values head higher as inverse widens
CNS Canada — ICE Futures Canada canola futures turned higher during the week ended Wednesday, with the biggest increases happening in the nearby months while prices stayed rangebound for the […] Read more
U.S. livestock: CME feeder cattle limit down on profit-taking
Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures on Wednesday settled down their three-cent daily price limit on profit-taking, traders said. Lower live cattle future and fund liquidation […] Read more
U.S. grains: Soybeans rise on bargain buying
Chicago | Reuters — U.S. soybean futures rose on Wednesday, rebounding from their lowest in nearly three months on a round of mild bargain buying, traders said. Wheat futures rose […] Read more
China’s sovereign wealth fund says to invest more in agriculture
Singapore | Reuters — China’s sovereign wealth fund is eyeing more investments in agriculture, including partnerships with governments and other institutional investors, its top executive said in the Financial Times, […] Read more
Klassen: Feeder cattle market sustains upward momentum
Western Canadian feeder cattle prices jumped $5-$7 per hundredweight (cwt) last week. Recent rains caused adverse pen conditions in southern Alberta, but this did little to stem buying enthusiasm. Alberta […] Read more
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