Chicago | Reuters — Hog futures at the Chicago Mercantile Exchange surged 6.5 per cent this week on tightening U.S. supplies as a deadly pig virus sweeps the country, traders […] Read more
Markets/Business
PEDv-related supply woes drive U.S. hogs up 6.5 per cent
Drozd: Harami signaled market low before oats’ record-high rally
Nearby oat futures contract posted a new historical high of $5.33 per bushel on Feb. 26. This exceeded the previous high of $4.58 in July 2008. Referencing the March 2014 […] Read more
U.S. grains: Soybeans to six-month high ahead of USDA report
Chicago | Reuters — Chicago Board of Trade spot soybean futures climbed to a six-month high on Friday as traders adjusted positions ahead of a monthly U.S. government report that […] Read more
Railways expect to meet government’s order on grain
Canada’s big two railways expect to be able to meet the federal government’s new mandatory requirements for Prairie grain movement — but warn it will take further commitments all along […] Read more
Canada, S. Korea reported close on free trade deal
Ottawa | Reuters — Canada and South Korea are very close to signing a long-delayed free trade deal after years of talks, sources familiar with the negotiations said Thursday. “It’s […] Read more
Ottawa slaps Prairie grain volume quotas on railways
The federal government has imposed an immediate schedule of increasing mandatory minimum volumes of Prairie grain on Canada’s big two railways, subject to fines. Transport Minister Lisa Raitt on Friday […] Read more
More grain cars now would be ‘wrong thing,’ CP CEO says
Canadian Pacific Railway’s CEO has warned readers of Canada’s two national newspapers that adding more rail cars and locomotives now on CP track would serve only to worsen the grain […] Read more
Trucker strike looms in Vancouver
CNS Canada — Container truck drivers at the Port of Vancouver could walk off the job as early as noon Thursday, according to reports. The Vancouver Container Truckers’ Association (VCTA), […] Read more
BMO to cut Prairie farmers slack on loans
BMO Bank of Montreal plans to offer Prairie farmers a “relief program” including options for loan payment deferrals and other breaks in view of the ongoing grain handling backlog. “We […] Read more
U.S. grains: Corn at six-month high on strong exports
Chicago | Reuters — Chicago Board of Trade corn prices rose to a six-month high on Thursday as stronger-than-expected weekly U.S. export sales data underscored renewed demand for the grain, […] Read more
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