Chicago | Reuters — U.S. corn futures advanced for a second straight session on Wednesday, adding more than one per cent on firm cash markets and as cooler and wetter […] Read more
Markets/Business
U.S. grains: Corn gains on firm cash market, rain-delayed planting
CP, CN book higher Q1 grain revenue, smaller grain handle
First-quarter revenue from grain handling is up at both Canadian Pacific (CP) and Canadian National (CN) Railways as the two companies both reported higher overall quarterly profit. CP on Tuesday […] Read more
Barclays joins retreat from commodities as new rules bite
London | Reuters — Barclays will quit most of its commodities trading businesses, joining a broader retreat by banks as profits tumble in the face of tougher regulation. The British […] Read more
CME Group overhauls daily grain price limits
Chicago | Reuters — CME Group Inc., the world’s largest futures market operator, said Tuesday it will overhaul the system for setting daily price limits for U.S. grain and oilseed […] Read more
U.S. grains: Corn rises on planting delays; soybeans sink
Chicago | Reuters — U.S. corn futures jumped on Tuesday as concerns about slow planting progress helped fuel a rebound from sharp losses the previous session, while soybean futures tumbled […] Read more
U.S. livestock: Solid beef demand drives CME live cattle higher
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday gained, supported by short-covering sparked by strong demand for beef at wholesale, traders and analysts said. Tuesday morning’s […] Read more
Less wheat, more canola expected in Canada
CNS Canada — Canadian farmers are expected to seed less wheat and more canola in 2014, according to average trade guesses ahead of Statistics Canada’s planting intentions report due out […] Read more
CWRS wheat prices down as basis widens
CNS Canada — Cash bids for Canada Western Red Spring (CWRS) wheat eased during the week ended Monday, as U.S. wheat futures were weaker and basis levels widened. Average spot […] Read more
U.S. grains: Markets sink on improved weather, fund selling
Chicago | Reuters — U.S. wheat futures fell the most in more than a year on Monday as rains expected in the drought-stricken U.S. Plains raised hopes for the upcoming […] Read more
U.S. livestock: Hog futures sink two per cent with sagging cash prices
Chicago | Reuters — Chicago Mercantile Exchange hog futures tumbled two per cent on Monday, pressured by lower prices for market-ready or cash hogs, traders said. The morning’s average of […] Read more
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