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
Markets/Business
U.S. livestock: Hog futures sink two per cent with sagging cash prices
Billiton resumes Sask. potash work at ‘modulated’ pace
Global mining giant BHP Billiton has resumed excavation work it put on hold late last year at its potash mining project in Saskatchewan — but plans to pace its dig […] Read more
Klassen: Feeder cattle market flattens out
Feedlot buying interest appears to be waning at the higher levels as breakeven pen closeout prices on 750-pound-plus feeders continue to creep higher. Upcoming uncertainty in feed grain prices, along […] Read more
Maple Leaf’s Hamilton wiener plant now closed
A wiener processing plant on Maple Leaf Foods’ list of six further-processing facilities tapped for closure in the company’s 2011 “value creation” plan has officially shut its doors. The Toronto […] Read more
Winnipeg egg processor to join Post
Winnipeg foodservice egg processor MFI Food Canada is poised to become an arm of breakfast giant Post as part of the U.S. company’s biggest-ever takeover deal. Post Holdings, whose brands […] Read more
Prairie fertilizer supplies getting even more scarce
CNS Canada — A shutdown at Agrium’s nitrogen facility at Carseland, Alta. is threatening to slow down what was already a troubled shipping-schedule of fertilizer supplies across Western Canada. The […] Read more
U.S. livestock: CME hog futures climb, live cattle fall before holiday
Chicago | Reuters — Chicago Mercantile Exchange hog futures on Thursday finished higher on fund buying and short-covering ahead of the Easter holiday, traders said. CME will be closed on […] Read more
U.S. grains: Wheat rises; corn, soy weak ahead of long weekend
Chicago | Reuters — U.S. wheat futures firmed on Thursday, supported by short-covering, concerns that a recent cold snap in key growing areas damaged some of the crop and worries […] Read more
CWB bidding for full ownership of Prairie West Terminal
Western Saskatchewan farmers with shares in grain handler Prairie West Terminal are to vote next month on a $43.23 million cash bid from CWB for the 90 per cent it […] Read more
ICE weekly outlook: Soyoil driving canola market
CNS Canada — Canola futures on the ICE Futures Canada platform finished little changed during the week ended Wednesday, as buyers were reluctant to push the market higher despite large […] Read more
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