Insights and Stories on Markets

Sep. 17, 2014 at 4:22 pm CDT

CNS Canada –– ICE Futures Canada canola contracts moved lower during the week ended Wednesday, and could be due for some more weakness as the Canadian harvest picks up and large U.S. soybean production prospects weigh on oilseeds in general. With expectations for a record-large U.S. soybean crop, there has […]

By Phil Franz-Warkentin

Sep. 17, 2014 at 3:33 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures slumped more than two per cent on Wednesday, pressured by lower prices for slaughter-ready or cash hogs and pork at wholesale, traders said. October closed 1.775 cents per pound lower at 105.1 cents, and December at 93.9 cents, down 2.025 […]

By Theopolis Waters

Sep. 17, 2014 at 3:27 pm CDT

Chicago | Reuters –– Chicago Board of Trade soybeans and wheat firmed slightly on Wednesday as bargain hunters stepped into the market to provide a boost to commodities that were trending near four-year lows, traders said. Corn futures sagged as a likely record U.S. harvest in the coming weeks will […]

By Mark Weinraub

Sep. 17, 2014 at 10:01 am CDT

Brussels | Reuters — EU officials are drawing up new measures to help food producers hit by a Russian ban on agricultural imports and will publish them over the coming days, the European Commission said. Moscow in August imposed a one-year embargo on meat, fish, dairy, fruit and vegetables from […]

By barbara-lewis

Sep. 17, 2014 at 2:29 am CDT

Reuters — Cargill Inc. will close a corn mill in Memphis, Tenn., in January of next year, a move that will impact 440 employees, a company spokeswoman said. “The closure of the facility results primarily from the underutilization of the Memphis facility and its higher cost position,” spokeswoman Nicole Marlor […]