Insights and Stories on Markets

Aug. 27, 2014 at 5:31 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange hog futures on Wednesday gained for a third day in a row, supported by short-covering ahead of the U.S. Labour Day holiday, traders said. Fund buying developed after some CME hog contracts broke through moving average resistance levels. October closed 0.825 cent per […]

By Theopolis Waters

Aug. 27, 2014 at 4:56 pm CDT

Chicago | Reuters –– Nearby U.S. soybean futures rose after sinking to a four-year low on Wednesday, while corn approached a four-year low set earlier this week on limited demand for old-crop supplies ahead of massive U.S. harvests. New-crop soybean futures traded near a contract low reached on Tuesday as […]

By Tom Polansek

Aug. 27, 2014 at 4:11 pm CDT

CNS Canada — Corn and soybean trends on the Chicago Board of Trade are remaining down as the market has seen little change from last week. Both corn and soybeans in Chicago were weaker on the week ending Wednesday. Corn futures ranged 2.5 to three cents lower. Soybeans contracts ranged […]

By Marney Blunt

Aug. 27, 2014 at 4:04 pm CDT

CNS Canada –– ICE Futures Canada canola contracts were slightly weaker during the week ended Wednesday, managing to come off the fresh lows made on Aug. 22 amid oversold price sentiment. Downward pressure came from weakness in Chicago soybean and soyoil futures, as weather in the U.S. Midwest continues to […]

By Terryn Shiells

Aug. 27, 2014 at 3:57 pm CDT

Washington | Reuters –– Tyson Foods, the largest U.S. meat processor, has won antitrust approval for its purchase of Hillshire Brands, the U.S. Justice Department said on Wednesday. The companies agreed to sell Heinold Hog Markets, which purchases sows that are sold to sausage-makers, to win approval for the US$8.5 […]