CNS Canada — ICE Futures Canada canola contracts posted solid gains during the week ended Wednesday, as prices broke above nearby resistance and speculators added to long positions. While there […] Read more
Markets/Business
ICE weekly outlook: Charts up for canola, but little else
U.S. grains: Wheat tumbles after USDA hikes world stocks forecast
Chicago | Reuters — U.S. wheat futures fell 1.8 per cent on Wednesday after the U.S. Department of Agriculture raised its forecast for global 2013-14 wheat ending stocks above trade […] Read more
Livestock price insurance plan now taking applications
With applications now available, Western Canada’s cattle and hog producers are being encouraged to consider the new federal/provincial livestock price insurance plan as a risk management tool against unexpected price […] Read more
Logistics still propping up old-crop oats
CNS Canada — The oats futures market remains at a considerable inverse, with the old-crop May contract in Chicago trading at an 88-cent premium over the new-crop December as logistics […] Read more
U.S. livestock: CME hogs tumble on slowing pork demand, weak cash market
Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures tumbled Tuesday on slowing demand for pork, in a session disrupted by technical problems that halted trading on the exchange’s […] Read more
U.S. grains: Corn, soy rise on positioning ahead of monthly data
Chicago | Reuters — U.S. corn and soybean futures rose on Tuesday as traders squared positions a day ahead of a monthly U.S. Department of Agriculture report in which the […] Read more
Que. ag minister, ag critics hold seats in PQ loss
The Parti Quebecois’ agriculture minister and his critics in Quebec’s assembly have held their seats in the wake of an election that’s upended the province’s government. Francois Gendron, who’d served […] Read more
Burdensome supplies to keep durum prices under pressure
CNS Canada –– Canadian cash prices for durum have been weak all winter, as logistics issues in Western Canada have kept large supplies of the crop from moving. Going forward, […] Read more
Globex ag, grains trading hit by technical problems
Chicago | Reuters — CME Group said technical issues had shut down contracts on its Globex electronic trading system Tuesday afternoon, with primarily agricultural and grains contracts affected and no […] Read more
Bill to force railways to pay for poor service bound for Commons
Reuters — Federal legislators on Monday amended a bill designed to ensure grain moves smoothly by rail by allowing the government to order railways to compensate shippers for poor service. […] Read more
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