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Markets/Business

(Photo courtesy Canada Beef Inc.)
Crops, Markets

Egypt writes to wheat suppliers on ergot, hoping to win confidence

By Reuters February 17, 2016
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

(Photo courtesy Arla Foods)
Livestock, Markets

Arla CEO says world dairy market in crisis

By Ole Mikkelsen February 17, 2016
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

(Lisa Guenther photo)
Crops, Markets

CBOT weekly outlook: Soy, corn ‘starving for news’

By Phil Franz-Warkentin February 17, 2016
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

(Dave Bedard photo)
Crops, Markets

ICE weekly outlook: Canola watching currency, soybeans

By Dave Sims February 17, 2016
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

(HuskyEnergy.com)
Crops, Markets

U.S. grains: Prices jump on short-covering, oil rise

By P.J. Huffstutter February 17, 2016
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


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Lower fed cattle market pressures feeders

By Jerry Klassen February 17, 2016
Western Canadian feeder cattle prices were trading $5-$10 below week-ago levels on average last week. Fully weaned vaccinated calves were trading down $5-$8 while semi-weaned bawlers were down a solid […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Fund buying boosts CME live cattle limit-up

By Theopolis Waters February 16, 2016
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures settled up by their three-cent-per-pound daily price limit on Tuesday, driven by short-covering and fund buying, traders said. February and […] Read more

(Portosdobrasil.gov.br via Flickr)
Crops, Markets

U.S. grains: Prices rise on short-covering, slow loadings in Brazil

By Michael Hirtzer February 16, 2016
Chicago | Reuters –– U.S. soybean futures climbed to a 1-1/2-week high on Tuesday while wheat and corn each gained about one per cent, boosted by investor short-covering and a […] Read more


(Country Guide file photo)
Crops, Markets

Prairie wheat bids drift down with U.S. futures

By Phil Franz-Warkentin February 16, 2016
CNS Canada — Cash spring wheat bids across Western Canada edged lower in most locations during the week ended Friday, as losses in the U.S. futures weighed on values. However, […] Read more

Sunset in Egypt on the Nile River south of Luxor. (CIA.gov)
Crops, Markets

Egypt rejects Canadian wheat shipment over ergot

By maha-el-dahan February 16, 2016
Abu Dhabi | Reuters –– Egypt’s agricultural quarantine authority has rejected a shipment of Canadian wheat, saying it contained traces of the fungus ergot, a trade source said and official […] Read more

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