Insights and Stories on Markets

Aug. 29, 2014 at 6:45 pm CDT

A Quebec cattle producer group’s bid to buy and reopen the shuttered Levinoff-Colbex beef packing plant in the Centre-du-Quebec region has been rejected, according to the province’s main farm organization. The ill-fated cull cow slaughter plant’s receiver, Richter Advisory Group of Montreal, had been taking bids on the St-Cyrille-de-Wendover plant’s […]

By Staff

Aug. 29, 2014 at 3:23 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled up on Friday boosted by higher prices in the cash cattle market, traders said. Cash cattle, or market-ready cattle, sold in the U.S. Plains at $155 to $156 per hundredweight (cwt), traders said (all figures US$). Last week, cash […]

By Meredith Davis

Aug. 29, 2014 at 3:10 pm CDT

Chicago | Reuters –– U.S. corn and soybeans closed lower on Friday, flirting with contract lows on forecasts for rain that boosted confidence of bumper harvests for both crops this fall. The weather outlook, which called for rains across broad stretches of U.S. growing areas, also weighed on wheat futures […]

By Mark Weinraub

Aug. 28, 2014 at 5:21 pm CDT

Canadian beef producers have scored access to a long-closed market as Jamaica will again take Canadian product. Agriculture Minister Gerry Ritz and Trade Minister Ed Fast announced Monday that Jamaica has approved all imports of beef from Canada, effective immediately. The country closed its ports to Canadian beef in 2003 […]

By Staff

Aug. 28, 2014 at 3:24 pm CDT

Buenos Aires | Reuters — Heavy rains in Argentina’s farm belt over recent days have increased the risk of wheat crop loss, the Buenos Aires Grains Exchange said in its weekly crop progress report Thursday. Wheat in the South American grains powerhouse is planted mostly in May through July and […]