Rome | Reuters –– World food prices stabilized in February, as rising vegetable oil and meat prices offset declining cereal, sugar and dairy prices, the United Nations food agency said […] Read more
Markets/Business
World food prices stable in February near seven-year low
China’s canola meal supply may fall under tighter standards
Beijing | Reuters — China may suffer a shortage of canola meal, a protein-rich feed ingredient, after Beijing plans to toughen the import standards for the oilseed from major exporters, […] Read more
U.S. livestock: CME live cattle snaps back in anticipation of cash prices
Chicago/Reuters – Chicago Mercantile Exchange live cattle contracts rose on Friday, paring recent losses as investors pulled futures closer in line with expectations for cash prices later on Friday, traders […] Read more
U.S. grains: Soybeans surge on short-covering, export demand
Winnipeg/Reuters – U.S. soybean futures jumped nearly 2 per cent on Friday as investors covered short positions due to strong export demand, registering their biggest weekly gain since mid-December. Chicago […] Read more
U.S. livestock: Cash price unease weakens CME live cattle
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed lower on Thursday, pressured by profit-taking as early-week cash price optimism waned, traders said. April closed 0.85 cent/lb. lower […] Read more
Canadian wheat rejected in Egypt re-exported to Europe
Abu Dhabi | Reuters — A shipment of Canadian wheat rejected in Egypt over concerns it contained traces of ergot has been re-exported to Europe after Egypt’s agricultural quarantine rejected […] Read more
U.S. grains: Wheat hits six-session high, weather sparks short-covering
Chicago | Reuters — U.S. wheat futures climbed to their highest in six trading sessions on Thursday as expanding dryness in the southern Plains hard wheat belt triggered a round […] Read more
U.S. livestock: Profit-taking drops CME live cattle
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished lower on Wednesday, after investors pocketed profits while waiting for market-ready, or cash, cattle to change hands possibly before […] Read more
Paterson taps brakes on China canola sales
Winnipeg | Reuters — Crop handler Paterson Grain will take a more cautious approach to selling canola to Chinese buyers for the near term, after China said it would toughen […] Read more
ICE weekly outlook: Canola drops amid widespread pressure
CNS Canada — ICE Futures Canada canola contracts suffered significant losses during a volatile week ended Wednesday. While futures managed to recover off their fresh contract lows hit during the […] Read more