Insights and Stories on Markets

Oct. 30, 2014 at 10:22 am CDT

Commodity News Service Canada — The difficulty in getting American soymeal from processors to the end-user is just one symptom of a much larger problem facing the current market, said a noted industry-watcher at the Cereals North America conference in Winnipeg. “In the last two or three weeks, grain prices […]

By Dave Sims

Oct. 29, 2014 at 3:32 pm CDT

Chicago / Reuters – Chicago Mercantile Exchange live cattle futures sagged Wednesday on profit-taking and fund selling, but strong wholesale beef values helped pull prices off morning lows, traders said. October closed down 0.200 cent per lb at 169.000 cents, and December was 1.025 cents lower at 166.750 cents. The morning’s choice wholesale beef price, or cutout, climbed […]

By Theopolis Waters

Oct. 29, 2014 at 2:28 pm CDT

Chicago / Reuters – U.S. soymeal surged 7 per cent on Wednesday, increasing this week’s gains to the largest in six years as a slow start to a record soybean harvest coupled with slow traffic on the nation’s railroads forced crushing plants to cover short cash positions in the futures market. Soybeans jumped nearly […]

By Michael Hirtzer

Oct. 29, 2014 at 2:21 pm CDT

Commodity News Service Canada — The 2014/15 (Aug/Jul) Canadian durum (CWAD) crop is the worst on record quality-wise, Bruce Burnett, weather and crop specialist with CWB said during a presentation at the Cereals of North America conference in Winnipeg. Only four per cent of the Canadian crop is grading as […]

By Terryn Shiells

Oct. 29, 2014 at 2:17 pm CDT

Commodity News Service Canada — Canola basis levels in Western Canada are already looking better than year-ago levels, but they’re expected to continue improving, Bruce Burnett said during a presentation at the Cereals of North America conference in Winnipeg. Ending stocks in 2014/15 are predicted at around 911,000 tonnes by […]

By Terryn Shiells