Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Tuesday, following stronger-than-expected cash prices as wintry weather takes aim at the southern U.S. Plains, traders said. […] Read more
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Markets/Business
U.S. livestock: CME live cattle surge with cash prices
Klassen: Feeder cattle market grinds lower
Western Canadian feeder cattle prices ended the year on a soft tone, trading $5-$10 below week-ago levels; fleshier unweaned calves were down $10 to $15 because adverse weather plagued much […] Read more
U.S. grains: Prices fall on technical selling, abundant supplies
Reuters — U.S. grain and soybean prices fell on Tuesday, weighed by technical selling and abundant global supplies. Soybeans and wheat gave up earlier gains that were based on weather […] Read more
U.S. livestock: CME live, feeder cattle extend rally
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures on Monday ended sharply higher, with the February contract up the expanded 4.5-cent/lb. price limit, on more short-covering following Friday’s […] Read more
Canada, Mexico granted COOL retaliation power
Canada and Mexico may now impose retaliatory tariffs against U.S. goods at will over Washington’s country-of-origin labelling (COOL) rules — just in time for the process of erasing those rules […] Read more
Russian ministry proposes reducing wheat export tax
Moscow | Reuters — Russia’s agriculture ministry has proposed that the government reduce or cancel its wheat export tax due to rouble volatility and a decline in global wheat benchmarks, […] Read more
Saskatchewan farmland off limits for pension plans next month
Reuters/Staff — New rules for buying farmland in Saskatchewan, Canada’s biggest wheat- and canola-growing province, will take effect Jan. 4, and toughen its ban on pension plans investing, the provincial […] Read more
Prairie spring wheat bids down as basis erodes
CNS Canada –– Cash spring wheat bids across Western Canada moved lower during the week ended Friday, as basis levels deteriorated. Average Canada Western Red Spring (CWRS) wheat prices were […] Read more
U.S. grains: Soybeans, grains slip on big supplies, choppy trade
Reuters — Prices for U.S. grains and soybeans dipped on Monday, giving up slight early advances in thin, choppy trade that focused on plentiful global supplies. The markets declined despite […] Read more
Mexico halts bid for COOL retaliation
Mexico City | Reuters — Mexico has halted a bid to impose retaliatory trade measures on the U.S. over meat labeling rules after U.S. lawmakers repealed them this week, a […] Read more
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