Chicago Mercantile Exchange live cattle on Thursday finished in the plus column for a third straight day on profit-taking but off record highs, traders and analysts said. February live cattle […] Read more
Markets/Business
U.S. livestock: CME live cattle post gains, but off record high
U.S. grains: Wheat, corn close higher on bargain buying after dips
U.S. wheat futures rose on Thursday as recent declines spurred interest from bargain hunters as well as buyers on the export market, traders said. Corn edged higher, with the market […] Read more
Rail congestion stymies Man. company’s U.S. crusher
A Manitoba company’s new canola processing plant on the U.S. West Coast has locked in demand from the biofuel sector for its canola oil — but has run up against […] Read more
Canaryseed acreage could increase in 2014
Western Canadian canaryseed prices continue to slowly trend lower to start the New Year, but new-crop contracts, if priced in the current spot price range, may spur an acreage increase […] Read more
ICE weekly outlook: Logistics issues weigh on canola
ICE Futures Canada canola contracts declined to fresh lows during the week ended Wednesday, and could be headed lower still as logistics issues in Western Canada continue to weigh on […] Read more
U.S. livestock: CME live cattle notch new high with cash, beef prices
Chicago Mercantile Exchange live cattle futures on Wednesday reached an all-time high, led by record-breaking prices for slaughter-ready cattle and beef at wholesale, traders said. Wednesday afternoon’s wholesale choice beef […] Read more
U.S. grains: Export, domestic demand support U.S. soy
U.S. soybean futures rose for the fifth day in a row on Wednesday due to strong demand from exporters as well as domestic processors, traders said. Wheat futures crumbled, dropping […] Read more
U.S. livestock: Surging beef prices boost CME live cattle to new high
Chicago Mercantile Exchange live cattle futures on Tuesday rose to an all-time, fueled by persistent record-high wholesale beef prices that ignited short-covering, traders said. The morning’s wholesale choice beef price, […] Read more
U.S. grains: Wheat, soybeans post sharp gains
U.S. soybean and wheat futures rose on Tuesday, spurred by strong demand for U.S. supplies on the export market, traders said. Corn futures closed lower, with traders noting a round […] Read more
U.S. top court tosses farmers’ pre-emptive suit against Monsanto
The top court in the United States has shut the lid on a years-old action by a handful of Canadian and U.S. organic farmers and other groups seeking legal “protection” […] Read more