Reuters — The struggles of the low-income U.S. consumer are playing out in Wal-Mart Stores’ grocery aisles. The world’s largest retailer, which gets more than half its sales from groceries, […] Read more
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Markets/Business
Wal-Mart forecast disappoints as grocery business struggles
U.S. soy planting below expectations; total crop acres slip
Washington | Reuters — U.S. farmers will increase soybean planting by less than expected this spring, and overall acreage of eight major crops is set to decline, the U.S. Department […] Read more
U.S. wheat futures entering neutral territory
CNS Canada — All three U.S. wheat futures markets have posted good gains in recent weeks, after touching contract lows at the end of January. With improvements of 80 cents […] Read more
Lentil business slow for now, but more acres likely
CNS Canada –– Lentil acres are poised for a slight increase in Canada this spring, with some area likely shifting from green into red varieties. However, ongoing logistics issues across […] Read more
ICE weekly outlook: Little upside left in canola
CNS Canada — Canola futures on the ICE Futures Canada trading platform moved higher during the week ended Wednesday, on the back of speculative-based short-covering after nearby futures fell below […] Read more
South Africa must wait to export meat despite fixing FMD
Cape Town | Reuters — South Africa needs approval from trade partners, including the European Union, before meat exports resume after the country was declared free of foot and mouth […] Read more
U.S. grains: Soybeans slip from five-month peak; corn, wheat rally
Chicago | Reuters — U.S. soybean futures eased from a five-month high on Wednesday on profit-taking and as improved crop weather in Brazil soothed concerns about dry weather cutting production […] Read more
Trading limits expand for CBOT oats on Prairie rail jams
Chicago | Reuters — The daily trading limit for Chicago Board of Trade (CBOT) oat futures and options expands to US30 cents a bushel when the grain markets open on […] Read more
AAFC expects fewer wheat acres, more canola
Winnipeg | Reuters — Canada’s farmers will likely plant less wheat and more canola this year, and harvests of both will fall short of last year’s record-smashing levels as yields […] Read more
Good demand for Canadian canola just across border
CNS Canada — Logistics issues and resulting poor prices continue to cause problems for Prairie farmers with canola to sell — but better values can be found just across the […] Read more
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