Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Tuesday, driven by short-covering and bargain-hunting that helped contracts recover some of their lost ground over the […] Read more
Markets/Business
U.S. livestock: Bargain hunting pares CME live cattle losses
Currency analysts watch for interest rate decision
CNS Canada — The likelihood of the Bank of Canada cutting interest rates on Wednesday is already priced into the loonie, according to one analyst — but if the bank […] Read more
Klassen: Uncertainty causes feeder market volatility
Western Canadian feeder cattle prices traded steady to as much as $10 lower compared to week-ago levels. Feedlot hands are contending with adverse winter conditions and cattle travelling farther distances […] Read more
Feed barley market steady, gains expected in spring
CNS Canada — The feed barley market is holding relatively steady in Alberta early in the New Year, but advances are expected looking ahead to the spring. “There has been […] Read more
U.S. grains: Corn, soybeans close firm; wheat gains muted
Chicago | Reuters –– U.S. soybean and corn futures closed firmer on Tuesday, hitting four-week highs on concerns about rains slowing the early soybean harvest in Brazil and investor hopes […] Read more
Hurdles still ahead for food-approved canary seed
CNS Canada — Canary seed has been ruled fit for human consumption by Health Canada — a victory for an industry working toward that goal for years — but it’s […] Read more
Falling loonie boosts Prairie spring wheat bids
CNS Canada — Cash spring wheat bids across Western Canada moved higher during the week ended Friday, as declines in the Canadian dollar helped basis levels improve. Average Canada Western […] Read more
U.S. livestock: Equities rout plunges CME live cattle limit down
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled down by their three-cent/lb. daily price limit on Friday after U.S. stock futures plummeted amid global economic jitters, traders […] Read more
India to accept Canadian pork
Canadian pork and pork products may now be exported to India under a new agreement for market access announced Friday. Canada, whose overall agrifood exports to India are mainly in […] Read more
Egypt moves to clarify ergot rules on wheat imports
Reuters — Egypt’s supply ministry moved to clarify rules on wheat imports on Thursday, saying it would allow shipments with traces of the grain fungus ergot to enter the country. […] Read more