Reuters — One Egyptian official’s tough stance on wheat imports carrying a fungus that wreaked havoc in the Middle Ages is baffling global grain traders and putting a spotlight on […] Read more
Markets/Business
Egypt’s ergot saga leaves wheat traders in limbo
Russia said considering export duties for corn, barley
Moscow | Reuters –– Russia’s agriculture ministry is considering introducing an export duty for corn and barley, Russian news agency Interfax reported Wednesday, citing First Deputy Minister Evgenii Gromyko. “We […] Read more
U.S. livestock: Equities upswing pulls CME live cattle higher
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished higher on Tuesday, with strength from the U.S. stock market rally that was partly fueled by the rebound in […] Read more
Klassen: Feeders still vulnerable in financial market turbulence
Western Canadian feeder cattle prices experienced a defensive tone over the past week. Cattleman had their eyes glued to the equity market meltdown, which enhanced fears the fed cattle market […] Read more
Heavy producer selling pressures durum
CNS Canada –– Canadian durum prices are being pressured by heavy producer deliveries, according to one analyst, while demand is lagging last year’s pace. The durum market is being weighed […] Read more
U.S. grains: Wheat rises to one-month high on technicals
Chicago | Reuters –– Chicago Board of Trade wheat prices climbed to a one-month high Tuesday on chart-based buying and fund short-covering as the market digested news that Russia might […] Read more
U.S. livestock: Market uncertainty reverses CME live cattle gains
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, erasing Friday’s advances after investors struggled to find clear direction amid a host of market influences, […] Read more
China to let market decide its corn prices
Beijing | Reuters — China will let the market decide its domestic state corn prices to help cap the country’s rising imports and record-high level of state reserves, a senior […] Read more
U.S. grains: Wheat up on talk of Russia curbing exports
Chicago | Reuters — U.S. wheat futures climbed to a one-week high on Monday on short-covering and concerns about the possibility that Russia might limit exports, traders said. Soybeans rose, […] Read more
Prairie spring wheat bids dip as loonie rises
CNS Canada — Cash spring wheat bids across Western Canada moved lower during the week ended Friday, as volatile activity in the Canadian dollar caused basis levels to soften. Average […] Read more
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