“Ongoing tightness” in the granular potash market will keep a New Brunswick mine staffed and operating past its scheduled closing date. Fertilizer giant PotashCorp announced Monday it has “rescinded” the […] Read more
Markets/Business
PotashCorp to keep N.B. mine running, for now
Flax prices, demand remain strong
CNS Canada — Flax prices in Canada look strong in a year with acreage and export demand both high, according to the Flax Council of Canada. “I think relative to […] Read more
U.S. livestock: Lower cash price outlook pulls down CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower on Tuesday in anticipation of a seasonal bump in supplies that could pressure prices for market-ready or cash […] Read more
U.S. grains: Soy leads corn lower as supply concerns ease
Chicago | Reuters — U.S. soybean futures fell 1.7 per cent at the Chicago Board of Trade on Tuesday, dropping below US$14 a bushel for the first time since March […] Read more
Hong Kong reopens to all U.S. beef
Washington | Reuters –– Hong Kong has agreed to lift trade restrictions on certain types of U.S. beef, a move that should boost exports to what is already the fourth-largest […] Read more
Packers slow production citing worker shortage
Winnipeg | Reuters — Canadian meat packers are short hundreds of workers, forcing plants to run at well below full capacity, the Canadian Meat Council said Monday. Plants are operating […] Read more
Prairie wheat bids drop about $10 with U.S. futures
CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) were weaker during the week ended Monday, dropping $10 a tonne. Much […] Read more
U.S. grains: Corn, soybean futures fall on expected strong harvest
Chicago | Reuters — Chicago Board of Trade corn futures dropped 1.3 per cent on Monday on expectations of a robust U.S. harvest this fall due to good crop weather […] Read more
U.S. livestock: Lean hogs fall on profit-taking, technical selling
Chicago | Reuters –– Chicago Mercantile Exchange (CME) hogs settled sharply lower on Monday pressured by technical-selling and profit-taking, traders said. Front-month July traded through both the 10-day and 20-day […] Read more
Livestock, grain groups hail step forward on Korea trade deal
For groups hoping to maintain access to South Korea’s markets for meat and crops, the Canadian government’s move to get its free trade pact with Korea before the House of […] Read more
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