Insights and Stories on Markets

JBS to pursue $1.8B food unit IPO within weeks

Sep. 3, 2014 at 6:38 pm CDT

Sao Paulo | Reuters — JBS SA, the world’s largest meatpacker, is resuming a plan to raise four billion reais (US$1.8 billion) from the initial public offering of its pork, poultry and food-processing operations in Brazil as early as next month, a source with direct knowledge of the deal said […]

ICE weekly outlook: Canola drifting down with soybeans

Sep. 3, 2014 at 5:56 pm CDT

By Phil Franz-Warkentin

Good weather, looming record harvest weigh on CBOT beans, corn

Sep. 3, 2014 at 5:49 pm CDT

By Dave Sims

U.S. livestock: CME live cattle jump up nearly two per cent

Sep. 3, 2014 at 4:34 pm CDT

By Theopolis Waters

U.S. grains: Corn, soy tumble to contract lows on record U.S. yield prospects

Sep. 3, 2014 at 4:24 pm CDT

By Michael Hirtzer

StatsCan stocks report to confirm size of 2013-14 crop

Sep. 3, 2014 at 11:46 am CDT

CNS Canada — The ag industry hopes to confirm the size of the 2013-14 crop when Statistics Canada releases its latest stocks estimates for Canadian crops on Friday. The report will show ending stocks for 2013-14 as of July 31. Charlie Pearson, a crops market analyst with Alberta Agriculture and […]

By Terryn Shiells

Cargill gains Ont. chocolate plant in deal with ADM

Sep. 3, 2014 at 8:17 am CDT

Archer Daniels Midland’s (ADM) exit from the chocolate processing business will see Cargill expand its own chocolate arm in Ontario. The two global grain and agrifood players on Tuesday announced an agreement in which Cargill will buy ADM’s worldwide chocolate business for US$440 million. The sale includes ADM’s chocolate plant […]

By Staff

SW Ontario grain handler to change hands

Sep. 3, 2014 at 4:20 am CDT

The family-owned company behind what’s billed as Ontario’s biggest inland grain terminal is set to exit the grain handling business. The owners of Palmerston Grain — which operates from Palmerston, Ont. and handles wheat, corn, soybeans and canola through its 57,000-tonne capacity terminal at nearby Minto — have reached a […]

By Staff

Prairie wheat bids hold steady

Sep. 2, 2014 at 5:36 pm CDT

CNS Canada — Average bids for Canada Western Red Spring (CWRS) wheat across Western Canada held relatively steady during the week ended Friday, with slight improvements in basis levels generally compensating for declines in the U.S. futures, according to average prices quoted from a cross-section of Prairie elevators. CWRS bids […]

By Phil Franz-Warkentin

U.S. livestock: CME live cattle supported by fund buying, higher cash

Sep. 2, 2014 at 4:50 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled higher on Tuesday supported by fund buying and higher prices paid in the cash cattle market, traders said. The October CME live cattle touched its highest level since Aug. 7, fuelled by the higher cash trade. The October contract […]

By Meredith Davis