Western Canadian feeder cattle prices were generally steady to $3 per hundredweight (cwt) higher while lighter weight stockers under 600 pounds were $3-$5/cwt higher. Order buyers are telling feedlot managers […] Read more
Markets/Business
Klassen: Buying hysteria continues in feeder complex
EU oat exports set for nine-year high on N. America woes
Paris | Reuters — European Union exports of oats are on course to hit a nine-year high, official data showed on Thursday, reflecting strong U.S. demand as logistical snags curb […] Read more
U.S. livestock: CME live cattle slip before USDA report
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday fell modestly as investors tweaked positions before the U.S. Department of Agriculture’s monthly Cattle-on-Feed report at 2 p.m. […] Read more
U.S. grains: Wheat retreats for second day from 11-month high
Chicago | Reuters — U.S. wheat futures on Friday extended a setback from an 11-month high, while technical selling snapped a four-session rally in soybeans that had been fuelled by […] Read more
Russia allows U.S. pork imports from Chinese-owned Smithfield
Moscow | Reuters — Russia has allowed U.S. pork imports from two firms of Chinese-owned producer Smithfield Foods after it received additional guarantees, Russia’s veterinary watchdog (VPSS) said on its […] Read more
Record prices not encouraging cattle herd expansion
CNS Canada — Cash prices for Canadian feeder cattle may be reaching record highs, but that doesn’t seem to be encouraging herd expansion. Though prices for Canadian cattle are very […] Read more
Ukraine small grain traders in crisis seek loans from big players
Geneva | Reuters — The crisis in Ukraine is hurting its small grain traders as they struggle to get financing from local banks, forcing them to seek loans from bigger, […] Read more
Strong red lentils to draw in acres
CNS Canada –– Red lentil bids in Western Canada are showing some strength, which may bring more acres to the crop this spring. “We’ll be quite tight on red lentils […] Read more
China to resume Canadian canola meal imports, first in a year
Winnipeg | Reuters — China has agreed to resume imports of Canadian canola meal from Richardson International, the first from Canada in about a year, a Richardson official said Friday. […] Read more
CN conductors again reject tentative labour deal
Canadian National Railway (CN) wants binding arbitration after its unionized conductors and yardmen narrowly voted to reject a second tentative labour agreement. The Teamsters Canada Rail Conference (TCRC), representing about […] Read more
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