Winnipeg | Reuters — Thick ice on Eastern Canada’s waterways will hamper efforts to clear a massive crop backlog, with the Port of Thunder Bay likely to open at least […] Read more
Markets/Business
Eastern ice latest obstacle to clearing Prairie grain backlog
U.S. grains: Wheat hit by profit-taking, soybeans end higher
Chicago | Reuters –– U.S. wheat futures retreated from an 11-month high on profit-taking on Thursday, while soybeans rose for the fourth consecutive session on concerns about tightening supplies. Strength […] Read more
U.S. livestock: Fund selloff undercuts CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday slid after hitting contract highs in early trade, weighed by weaker wholesale beef prices and fund liquidation, traders […] Read more
Vancouver truckers to be ordered back to work
The British Columbia government is set to legislate unionized container truckers serving Port Metro Vancouver back into the cab. The province said Wednesday it would introduce back-to-work legislation as early […] Read more
ICE weekly outlook: November canola could re-test $500
CNS Canada — ICE Futures Canada canola contracts moved higher for the seventh consecutive week during the week of March 12-19, following strength seen in the Chicago soybean market. Funds […] Read more
CBOT soybeans nearing resistance
CNS Canada — Chicago Board of Trade soybean contracts moved higher during the week ended Wednesday, but are running into upside resistance as a number of bearish factors overhang the […] Read more
CN CEO sees grain backlog extending into 2015
Toronto | Reuters — A record-shattering Canadian harvest, combined with one of the most frigid winters in decades, has created a grain-handling backlog that will not be cleared until next […] Read more
U.S. grains: Wheat soars to 10-month high on crop worries
Chicago | Reuters — U.S. wheat futures climbed to a 10-month high on Wednesday on concerns dust storms and dry conditions will hurt harvests in the southern Plains states. Soybean […] Read more
U.S. livestock: CME hog futures close mixed after volatile session
Chicago | Reuters — Chicago Mercantile Exchange hog futures closed mixed on Wednesday, supported by higher cash hog prices while pressured by sporadic profit-taking, traders said. The morning’s hog price […] Read more
Heavy ice to keep eastbound grain landlocked for now
Even under federal government pressure to get more Prairie grain moving by rail to Vancouver and Thunder Bay, crops that make it to the latter port aren’t going anywhere this […] Read more
Cyber-Savvy Farmer
