CNS Canada — Canada’s weekly canola crush dropped sharply over the week ended Wednesday, but some of the decline is likely tied to an overstatement of what was processed the […] Read more
Markets/Business
Weekly canola crush hits yearly low
U.S. livestock: Sluggish beef demand sinks CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled sharply lower on Thursday, with the June contract down by its three-cent/lb. daily price limit, as sluggish beef demand […] Read more
Russia seen extending wheat export tax for 2016-17
Moscow | Reuters — Russia is likely to extend its wheat export tax for the 2016-17 marketing year, which starts on July 1, because the levy is at a minimum […] Read more
U.S. grains: Corn rallies on export demand
Chicago | Reuters — U.S. corn futures rose 1.9 per cent on Thursday, with concerns about crops in South America spurring export demand for U.S. supplies, traders said. Soybean futures […] Read more
U.S. livestock: CME live cattle close lower, but off lows
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures settled lower on Wednesday after sluggish wholesale beef demand renewed expectations for weak cash prices by Friday, traders said. Short-covering […] Read more
ICE weekly outlook: Still room higher for canola
CNS Canada –– ICE Futures Canada canola contracts moved higher during the week ended Wednesday, with the biggest gains in the front months. While the market ran into some resistance […] Read more
CBOT weekly outlook: Corn, soy set for profit-taking pressure
CNS Canada — Soybeans and corn at the Chicago Board of Trade have seen weather-related support from traders in previous sessions, but one U.S. analyst expects prices to move lower […] Read more
U.S. grains: Wheat, corn fall; soybeans settle higher
Chicago | Reuters –– U.S. corn and wheat futures fell on Wednesday, setting back from two days of gains on profit taking as speculators locked in gains on recent short-covering […] Read more
U.S. livestock: More short-covering extends CME live cattle gains
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures rallied again on Tuesday, led by more short-covering and sentiments that last week’s selloff was overdone, traders said. April live […] Read more
Pressure on oat prices sends farmers scouting other crops
CNS Canada — Lukewarm prices for oats, coupled with dry conditions in Alberta and soggy conditions in Manitoba, are crimping acreage this year. Generally known as one of the hardier […] Read more
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