A Toronto company building a commodity logistics hub in Saskatchewan’s southeast corner has cut its ties with the U.S. agrifood firm set to bankroll the hub’s planned grain elevator. Toronto’s […] Read more
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Markets/Business
Scoular frozen out of Sask. grain handling plan
U.S. farmers seen likely to plant less corn, more soy
Washington | Reuters — The U.S. Department of Agriculture on Thursday said U.S. farmers were likely to plant less corn in the upcoming season, switching land to soybeans and wheat […] Read more
New standard to define icewine in Canada
If it’s not made only with grapes naturally frozen on the vine, it can’t be called icewine. As obvious as it may seem, a new move to enshrine that notion […] Read more
Ag crowdfunding platform launches first deal
Reuters — Crowdfunding has found the farm. AgFunder, an online platform for agriculture-related companies to seek capital through a form of crowd-sourced fundraising, said Wednesday it was launching its first […] Read more
ICE weekly outlook: More downside possible for canola
CNS Canada — ICE Futures Canada canola contracts fell to their lowest levels in over three and a half years during the week ended Wednesday, as speculative selling was met […] Read more
U.S. grains: Soy drops as China cancels U.S. imports
Chicago | Reuters — U.S. soybean futures fell on Wednesday due to waning demand for U.S. supplies from China, the world’s top buyer of the oilseed, traders said. Wheat and corn […] Read more
U.S. grains: Plentiful supplies weigh on corn; wheat, soy firm
Chicago | Reuters — U.S. corn futures eased on Tuesday, weighed down by weakness in the cash market and an ample supply cushion, traders said. Wheat firmed, buoyed for the […] Read more
Klassen: Feeder market stalls at higher levels
A sharp drop in wholesale beef prices, along with softer fed cattle values, caused the feeder market to finally run into some resistance last week. Adverse weather also tempered buying […] Read more
Prairie wheat bids climb alongside U.S. futures
CNS Canada –– Western Canadian cash bids for Canada Prairie spring red (CPSR) and Canada Western red spring (CWRS) wheat moved higher, following the sharply stronger U.S. wheat futures markets […] Read more
U.S. livestock: CME live cattle, hog futures settle mixed
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished mixed on Monday as investors bought the February contract and sold deferred months as they priced in last week’s […] Read more
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