Chicago | Reuters — Capping yet another day of volatile livestock trading, Chicago Mercantile Exchange hogs closed down Thursday, recovering somewhat after prices went limit-down midday in response to ongoing […] Read more
Markets/Business
U.S. livestock: Supply issues send CME hogs plummeting, cattle soaring
U.S. grains: Corn, soy, wheat rise on bargain buying bounce
Chicago | Reuters — U.S. corn, soybean and wheat futures rose on Thursday, supported by a round of bargain-buying after all three commodities fell sharply on Wednesday, traders said. Tight […] Read more
Viterra to build new W. Sask. capacity
Revised, April 3, 2014 — Viterra is hatching plans to return to the Kindersley area of western Saskatchewan with its own new high-throughput grain elevator. The Regina company, now the […] Read more
Drozd: Tweezer bottom signaled reversal in Nov. canola
Canola prices on the November 2014 futures contract lost nearly $100 per tonne before retracing a percentage of those losses. Four months after turning down from a high of $530 […] Read more
ICE outlook: Canola being pulled in both directions
CNS Canada –– Canola futures on the ICE Futures Canada trading platform were weaker during the week ended Wednesday, as the large Canadian supply situation continued to overhang the market. […] Read more
Specs book profits in soybeans, but trend still up overall
CNS Canada — Soybean futures at the Chicago Board of Trade moved higher during the week ended Wednesday, but profit-taking came forward to limit the advances. And while more speculative […] Read more
U.S. livestock: Fund liquidation erases CME hogs’ new high
Chicago | Reuters — Chicago Mercantile Exchange hogs on Wednesday slumped on profit-taking and fund liquidation that pulled futures down from a high set earlier in the session, traders said. […] Read more
U.S. grains: Profit-taking sparks sell-off in wheat, corn, soy
Chicago | Reuters — U.S. grain and soy futures fell sharply on Wednesday, with corn and soybeans falling back from multi-month highs, on a round of profit taking following rallies […] Read more
Zimbabwe bans fresh fruit, vegetable imports
Harare | Reuters — Zimbabwe has banned imports of fresh fruit and vegetables with immediate effect, the agriculture ministry said Wednesday, arguing that increased local production will meet domestic demand. […] Read more
China’s Cofco to pay $1.5B for stake in Noble agribusiness
Singapore/Hong Kong | Reuters — Cofco Corp. has agreed to pay US$1.5 billion for a majority stake in Noble Group’s agribusiness, its second acquisition in less than two months, as […] Read more
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