CNS Canada — Statistics Canada released its grain and oilseed stocks report for the period ended Dec. 31 on Tuesday, and as many analysts had expected, the report confirmed wheat […] Read more
Markets/Business
Canada’s grain and oilseed stocks up significantly: StatsCan
CPSR wheat bids weaken amid widening basis levels
CNS Canada — Western Canadian cash bids for Canada Prairie Spring Red (CPRSR) wheat moved lower amid widening basis levels during the week ended Monday. Canada Western Red Spring (CWRS) […] Read more
U.S. grains: Soy up on tight supply; weather slows grain movement
Chicago | Reuters — Chicago Board of Trade soybean futures hit a two-week high on Monday, rising on worries about tightening U.S. supplies amid strong demand for soymeal, coupled with […] Read more
U.S. livestock: Cash price jitters rattle hog futures
Chicago | Reuters — Chicago Mercantile Exchange hog futures retreated on Monday, led by profit-taking in anticipation of weaker cash prices in the near term, traders and analysts said. The […] Read more
More detailed data sought on railways’ Prairie grain traffic
Federally-mandated reporting on grain traffic on Canada’s two main railways is now expected to show the flow on a weekly rather than monthly basis. Agriculture Minister Gerry Ritz dropped into […] Read more
Klassen: Fed cattle prices continue to support feeder market
Strength in fed cattle prices in Alberta reached up to an astonishing $148.50 per hundredweight (cwt) last week, which spilt over into the feeder complex. Larger volumes of heavier feeder […] Read more
U.S. livestock: CME live cattle futures drop as beef prices plunge
Hog futures mostly up on speculative buying Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted modest losses on Friday, but were up from session lows, dragged by retreating […] Read more
U.S. cattle supply sinks to 63-year low
Chicago | Reuters –– The U.S. cattle population dropped to its lowest level in 63 years as the lingering impact of years of drought took its toll on feed costs […] Read more
Tyson says pig virus to cut pork supply by two to four per cent
Reuters — Tyson Foods, the largest U.S. meat processor, said Friday it expects pork supplies to drop two to four per cent this fiscal year, raising wholesale prices, as a […] Read more
Large Prairie stocks expected in StatsCan report
CNS Canada — With Statistics Canada scheduled to release its stocks report as of Dec. 31 on Tuesday (Feb. 4), most analysts believe the combination of record-large production in Western […] Read more
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