Insights and Stories on Markets

Aug. 14, 2014 at 5:22 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed higher on Thursday on short-covering following recent heavy market losses, traders said. August live cattle ended 1.775 cents per pound higher at 150 cents, and October up 0.8 cent to 147.35 cents (all figures US$). CME live cattle chopped […]

By Theopolis Waters

Aug. 13, 2014 at 7:34 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted losses on Wednesday after packers cut the cost of beef at wholesale markets to stir retail buying ahead of the Labour Day holiday, traders said. August live cattle ended 1.4 cents per pound lower at 148.225, and October closed […]

By Theopolis Waters

Aug. 13, 2014 at 6:34 pm CDT

Baghdad/Abu Dhabi | Reuters — After seizing five oil fields and Iraq’s biggest dam, Sunni militants bent on creating an Islamic empire in the Middle East now control yet another powerful economic weapon: wheat supplies. Fighters from the Islamic State have overrun large areas in five of Iraq’s most fertile […]

By Maggie Fick, maha-el-dahan

Aug. 13, 2014 at 5:08 pm CDT

CNS Canada — ICE Futures Canada canola contracts moved lower during the week ended Wednesday, but were still holding rangebound overall as market participants continue to try and get a better handle on the size of this year’s crop. Statistics Canada releases its first survey-based production estimates for the 2014 […]

By Phil Franz-Warkentin

Aug. 13, 2014 at 5:03 pm CDT

CNS Canada — Corn and soybean futures on the Chicago Board of Trade (CBOT) moved lower during the week ended Wednesday — and the two markets are expected to remain under pressure until at least mid- to late September. “I think we’re just going to see this gradual selling over […]

By Terryn Shiells