CNS Canada –– Cash spring wheat bids across Western Canada moved lower during the week ended Friday, as the strengthening Canadian dollar cut into basis levels. Average Canada Western Red […] Read more
Markets/Business
Prairie spring wheat bids drop as loonie rises
U.S. livestock: CME live cattle dip while awaiting cash prices
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures posted modest losses on Friday, weighed down by profit-taking while waiting for market-ready, or cash, cattle to change hands later […] Read more
U.S. grains: Hefty supply pushes soy to 10-week low
Chicago | Reuters — U.S. soybean futures fell on Friday, with the nearby contract touching its lowest level in more than 10 weeks, under pressure from hefty global supplies, while […] Read more
Farmers return to vegetable patch as currency slumps
Reuters — Canadian farmers are cashing in on the highest vegetable prices in years, helped by the country’s weak currency and soaring costs of U.S. imports that have made them […] Read more
U.S. livestock: Cash price outlook boosts CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts climbed on Thursday, propelled by anticipation of firm cash prices by Friday amid improved wholesale beef demand, traders said. The […] Read more
U.S. grains: Futures fall as USDA forecasts more corn acres
Chicago | Reuters — U.S. corn and soybean prices fell on Thursday as commodity traders reacted to forecasts of increased corn plantings and grain production, as well as predictions of […] Read more
Bayer sizing up deals to strengthen seeds operation
Leverkusen, Germany | Reuters — Bayer’s Crop Science business is casting its eye over potential targets to enhance its seeds operation, the division’s head said on Thursday, as competitive threats […] Read more
Blackleg, big stocks seen behind China-Canada canola conflict
Reuters — A “scientific disagreement” between Canada and China over the risk of transmitting the blackleg fungus is behind China’s move to raise its standard for Canadian canola imports, an […] Read more
Coop Federee to offer Olymel stake
Reuters — Quebec-based La Coop Federee, one of Canada’s biggest farmer co-operatives, is offering for sale up to 49 per cent of pork processor Olymel, to help fund expansion in […] Read more
U.S. livestock: Brisk beef demand pushes CME live cattle higher
Chicago | Reuters –– Most Chicago Mercantile Exchange live cattle contracts rose on Wednesday, driven by upward-trending wholesale beef values that may underpin prices for market-ready, or cash, cattle by […] Read more