Reuters — Canadian farm incomes look set to fall in 2016 after a year of record profits, but will still reach above-average levels, according to a report from the federal […] Read more
Markets/Business

Farm incomes set to fall from record high

U.S. livestock: Cash price outlook extends CME live cattle gains
Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts rose for a third consecutive day on Thursday, with help from fund buying and anticipation of strong cash prices by […] Read more

U.S. grains: Wheat down on ample supplies
Chicago | Reuters — Chicago Board of Trade wheat futures fell more than one per cent on Thursday, easing from a two-session rally as traders returned their focus to record-large […] Read more

U.S. livestock: CME live cattle charge upward
Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts rose for a second straight day on Wednesday, after more fund buying lifted futures which could lend support to cash […] Read more

Ocean freight index bobs up from recent floor
CNS Canada –– The Baltic Dry Index is finally starting to show some stability after setting fresh record lows on a near-daily basis for the past few months. The BDI […] Read more

Egypt writes to wheat suppliers on ergot, hoping to win confidence
Abu Dhabi | Reuters — Egypt’s Agriculture Ministry sent a letter to traders saying it will allow an ergot fungus tolerance level of 0.05 per cent in wheat imports, hoping […] Read more

Arla CEO says world dairy market in crisis
Copenhagen | Reuters –– Arla Foods, one of Europe’s biggest dairy companies, said on Wednesday the global milk market was in crisis due to oversupply, but it expected demand, particularly […] Read more

CBOT weekly outlook: Soy, corn ‘starving for news’
CNS Canada –– Soybean and corn futures at the Chicago Board of Trade moved higher during the week ended Wednesday, as both commodities saw a short-covering correction off of nearby […] Read more

ICE weekly outlook: Canola watching currency, soybeans
CNS Canada — ICE Futures Canada canola contracts posted small gains during a choppy trading week ended Wednesday. Values were under pressure from the start due to a sharp break […] Read more

U.S. grains: Prices jump on short-covering, oil rise
Chicago | Reuters –– Chicago Board of Trade corn futures gained for the second straight day on Wednesday, as the grain market enjoyed a price bump from investors continuing to […] Read more