Chicago | Reuters — U.S. soybean futures slid Monday as increased imports of the oilseed from South America were expected to alleviate tight supplies in the U.S., the world’s top […] Read more
Markets/Business
U.S. grains: Soybeans drop as imports ease supply tightness
Prairie CWRS cash bids ease, basis improves slightly
CNS Canada — Cash bids for Canada Western Red Spring (CWRS) wheat moved lower during the week ended Monday, following the sharply weaker U.S. futures market for the second consecutive […] Read more
U.S. livestock: CME hogs end firm on fund buying, higher wholesale pork
Chicago | Reuters — Fund buying boosted Chicago Mercantile Exchange hogs more than one per cent on Monday while wholesale pork prices also underpinned prices, traders said. Hog futures rose […] Read more
Klassen: Feeder cattle upward price trend continues
Western Canadian feeder prices for 800-plus-pound cattle were generally steady with week-ago levels while lower weight categories experienced a week-over-week gain of $3-$6 per hundredweight (cwt). Strength in the U.S. […] Read more
PotashCorp CEO to step down, replacement named
Saskatchewan-based fertilizer giant PotashCorp has announced its CEO’s plans to step down in July and has named a copper mining firm’s CEO as his replacement. Bill Doyle, PotashCorp’s CEO since […] Read more
U.S. appeal court to reconsider whether to block COOL
A U.S. appeals court which last month rejected North American meat and livestock industry groups’ plea to halt U.S. mandatory country-of-origin labelling (COOL) on meat has scrapped its own ruling […] Read more
U.S. grains: Wheat drops on forecasts for Plains rain; corn firm
Chicago | Reuters — U.S. wheat futures fell on Friday, clinching their biggest weekly loss since January, on forecasts for some much needed rain in the U.S. Plains, traders said. […] Read more
U.S. livestock: Cooling wholesale pork prices send hog, cattle futures tumbling
Chicago | Reuters — Chicago Mercantile Exchange lean hogs futures fell three cents, as much as the market allows, on Friday as wholesale pork pricing cooled and cash hog prices […] Read more
Toronto pork packer in creditor protection
Ontario’s hog farmers are still processing news that a mainstay of the Toronto meat packing industry is in creditor protection. Quality Meat Packers and its Toronto Abattoirs arm have been […] Read more
World food prices jump again in March, FAO says
Rome | Reuters — Global food prices rose to their highest in almost a year in March, led by unfavourable weather for crops and political tensions over Ukraine, the United […] Read more
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