Zurich | Reuters –– Switzerland’s government on Tuesday urged voters to reject a campaign to ban trading in agricultural derivatives, saying the well-meaning attempt to alleviate world hunger would not […] Read more
Markets/Business
Switzerland asks voters not to ban farm derivatives trade
USDA grains report catches speculators leaning wrong way
Washington | Reuters — Grains market speculators who had built massive short positions in recent months were caught leaning the wrong way after the U.S. government cut its corn and […] Read more
Klassen: Feeder cattle jump on renewed buying interest
During the first full week of January, western Canadian feeder cattle traded $10-$15 higher compared to late December. In some cases, calves under 600 lbs. were $15-$20 higher. Strength in […] Read more
U.S. grains: Wheat surges as USDA cuts acreage view
Chicago | Reuters — U.S. grain prices rallied on Tuesday after the U.S. Department of Agriculture slashed its estimate of winter wheat seedings by more than anticipated and unexpectedly cut […] Read more
USDA’s corn, stocks view misses forecasts; prices surge
Washington | Reuters — U.S. corn and soybean supplies ballooned to record levels during the last three months of 2015 following bountiful harvests of both commodities and cutbacks in usage, […] Read more
U.S. livestock: Cash price unease drags on CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished lower on Monday, pressured by uncertainty over cash prices later this week, traders said. February live cattle closed 0.65 […] Read more
Flax prices see upward bump on increased demand
CNS Canada –– Foreign demand has picked up in the flax market, according to a grain brokerage firm — and despite increased competition, Canadian prices have seen a slight uptick […] Read more
Packers approved to move beef, pork to Ukraine
Inspectors have approved 15 Canadian beef and pork processing plants to export to Ukraine, more than doubling the number of Canadian meat plants able to ship to the country. Federal […] Read more
Prairie spring wheat bids move higher
CNS Canada –– Cash spring wheat bids across Western Canada moved higher during the week ended Friday, as U.S. futures also rose during that timeframe. Average Canada Western Red Spring […] Read more
U.S. grains: Wheat falls from three-week high
Chicago | Reuters — U.S. wheat futures dropped two per cent on Monday on technical selling and profit-taking after touching three-week highs last week, while traders eyed an eagerly awaited […] Read more
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