Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled up by their three-cent/lb. price limit Friday, driven by short-covering and technical buying, traders said. Investors tweaked positions ahead […] Read more
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Markets/Business
U.S. livestock: CME live cattle rally limit-up before report
Russia, China sign accords on grain quality control
Reuters — Moscow and Beijing have signed agreements on the control of grain quality, which technically open the Chinese market to Russian grain. Russian food safety watchdog Rosselkhoznadzor and the […] Read more
U.S. Nov. feedlot cattle placements slump to record low
Chicago | Reuters –– Cattle movement into U.S. feedlots in November fell 11 per cent from a year ago to their lowest level since the government began compiling the data […] Read more
U.S. grains: Soybeans rally on Brazil dryness, short-covering
Chicago | Reuters — U.S. soybean futures climbed to a near two-week high on Friday on technical buying and short-covering as well as concerns that dry weather in parts of […] Read more
Man. First Nations seek to buy Churchill port, rail line
Manitoba’s northern First Nations have responded to the “for sale” notice on the port and rail line that allow Prairie farmers and handlers to ship grain exports through Hudson Bay. […] Read more
U.S. Congress repeals COOL on beef, pork
The U.S. Senate and House of Representatives have both approved a repeal of the government’s six-year old mandatory country-of-origin labelling (COOL) laws on beef and pork. Tucked into an omnibus […] Read more
Devalued Argentine peso seen spurring grain exports
Buenos Aires | Reuters — The currency devaluation set to kick off in Argentina on Thursday is expected to pump millions of tonnes of pent-up grains supply into the international […] Read more
U.S. livestock: CME live cattle sink to three-year bottom
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday slid to their lowest level in three years, pressured by more losses price-wise for unsold cash cattle, traders […] Read more
Ocean freight rate index at historic low, again
CNS Canada –– The Baltic Dry Index, which gauges the price of moving grain and other goods by sea, is down to new historical lows, less than a month after […] Read more
U.S. grains: Brazil dryness sparks soy short-covering
Chicago | Reuters — U.S. soybean futures rebounded from a 3-1/2-week low on Thursday and closed higher for the first time in three sessions on short-covering sparked by concerns that […] Read more
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