Insights and Stories on Markets

Aug. 7, 2014 at 3:25 pm CDT

CNS Canada — The Canadian durum crop is currently seeing a wide range in both crop quality and prices. “It looks like the prices are quite volatile,” said Jerry Klassen, manager of GAP SA Grains and Produits in Winnipeg. “They are quite variable between $7 per bushel to $8.50 per […]

By Marney Blunt

Aug. 7, 2014 at 3:16 pm CDT

Reuters — Top global commodities trader Cargill said Thursday its quarterly earnings fell as drought limited farm services opportunities in the U.S. and due to a loss stemming from the drop in the value of Venezuela’s currency. Minneapolis-based Cargill was also stung by elevated rail shipping costs and railcar shortages […]

By Karl Plume

Aug. 7, 2014 at 2:59 pm CDT

Chicago | Reuters –– U.S. wheat futures fell from a 5-1/2-week high on Thursday on a round of profit-taking following a six-session rally that had pushed prices up 9.2 per cent, traders said. “We came pretty far, pretty fast off our lows,” said Chris Robinson, senior trader at Top Third […]

By Mark Weinraub

Aug. 7, 2014 at 11:16 am CDT

Prince Edward Island’s potato industry can expect a substantial blow this fall as french-fry giant McCain Foods moves to close its processing plant on the island by the end of October. The New Brunswick company, which supplies fries to both the retail grocery and restaurant and foodservice sectors, announced Thursday […]

By Staff

Aug. 7, 2014 at 8:40 am CDT

Moscow/Kiev | Reuters — Moscow imposed a total ban on imports of foods from Canada and other Western nations on Thursday in retaliation against sanctions over Ukraine, a stronger than expected measure that isolates Russian consumers from world trade to a degree unseen since Soviet days. In eastern Ukraine, a […]

By Dmitry Zhdannikov, Natalia Zinets