CNS Canada –– Average cash bids for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) were weaker during the week ended Tuesday, following sharp losses seen in […] Read more
Markets/Business
Prairie wheat cash bids down with sharply lower U.S. futures
Ardent Mills j.v. clears U.S. antitrust review
The Canadian mills that make Robin Hood flour and baking mixes for industrial and foodservice users will be part of a new joint venture by the end of May — […] Read more
U.S. grains: Soybeans tumble on fund selling, good planting weather
Chicago | Reuters — Soybean futures fell on Tuesday in a profit-taking setback after hitting a 2-1/2 week high and as farmers were expected to accelerate spring planting under mild […] Read more
U.S. livestock: Profit-taking undercuts CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished lower on Tuesday, pressured by profit-taking in anticipation of steady-to-lower prices for market-ready or cash cattle this week, traders […] Read more
Red wine a winning investment in 20th century
London | Reuters — Forget government bonds, fine art and even stamps: red wine outperformed them all over the 20th century. At least that’s what research by a team of […] Read more
COOL comes under fire in U.S. appeals court
Washington | Reuters — The Obama administration’s argument for keeping its labeling requirements in place for meat vendors is too broad and would give regulators too much power over how […] Read more
U.S. grains: Corn slumps on planting progress, soy up on tight supply
Chicago | Reuters — U.S. corn futures dropped for a fourth straight session on Monday, to their lowest level since March as periods of warm dry weather this week should […] Read more
U.S. livestock: Tight supply outlook rallies CME feeder cattle to new high
Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures on Monday clocked a new high for a fourth straight session, partly driven by expectations for tighter numbers of calves […] Read more
Klassen: Demand heats up for available feeder cattle
Western Canadian feeder cattle prices were steady to $3 per hundredweight (cwt) higher with stronger buying interest noted on 800-pound-plus weight categories. Feedlot operators were once again out in full […] Read more
El Nino weather hits many crops, boosts soybeans: study
Oslo | Reuters — The El Nino weather phenomenon that is likely to strike this year damages world maize, rice and wheat yields but boosts soybeans, according to a study […] Read more
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