Four processing plants in Mexico are the first to ship beef from that country to Canada under new export certificates finalized last month, the Canadian Food Inspection Agency has confirmed. […] Read more
Markets/Business
Mexican beef packers approved to export to Canada
U.S. grains: CBOT wheat drops for eighth day
Chicago | Reuters — U.S. wheat futures fell for an eighth straight session on Friday, on track for their longest losing streak since June, due to poor demand for U.S. […] Read more
Weather weighs in with virus on U.S. hog weights
Chicago | Reuters — U.S. hogs have started to shed pounds after hitting record weights recently and the trend may continue with warmer weather, underpinning prices for market-ready hogs that […] Read more
Tight supplies drop U.S. April cattle placements
Chicago | Reuters — The number of cattle placed in U.S. feedlots last month fell five per cent from a year ago after prolonged drought in parts of the U.S. […] Read more
U.S. livestock: CME live cattle gain ahead of USDA report
Chicago | Reuters — Chicago Mercantile Exchange live cattle gained modestly on Friday as investors tweaked positions before the U.S. Department of Agriculture’s cattle-on-feed report at 2 p.m. CT, traders […] Read more
Ont. Pork offers partial payments after packer bankruptcy
The marketing division of Ontario Pork has put up money to offer partial reimbursement to hog farmers left unpaid in the wake of Quality Meat Packers’ bankruptcy. The offer, to […] Read more
U.S. livestock: CME hog futures drop on cash price unease
Chicago | Reuters — Chicago Mercantile Exchange hogs closed lower on Thursday, pressured by uneasiness about cash hog price direction amid ample supplies and slim packer margins, traders said. On […] Read more
U.S. grains: Corn drops to lowest since March
Chicago | Reuters — U.S. corn futures fell 2.3 per cent on Thursday to their lowest in nearly seven weeks on a technical setback and forecasts for improved planting weather […] Read more
Deere posts higher-than-expected profit, trims forecast
Reuters — Deere and Co. on Wednesday reported a stronger-than-expected quarterly profit but trimmed its outlook for full-year sales of farm equipment, citing deteriorating conditions in South America and the […] Read more
ICE weekly outlook: Canola rally to ‘run out of gas’
CNS Canada –– Canola contracts on the ICE Futures Canada trading platform moved higher during the week ended Wednesday, with old-crop values seeing the sharpest gains. A combination of speculative […] Read more
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