Insights and Stories on Markets

Jun. 19, 2014 at 4:06 pm CDT

Moscow | Reuters — Russia’s Uralkali, the world’s largest potash producer, cut its 2014 production forecast by eight per cent on Thursday, opting to focus on price rather than sales volume. Prices of the fertilizer slumped almost a year ago after Uralkali quit a powerful trading alliance with Belarus in […]

Jun. 19, 2014 at 3:22 pm CDT

Chicago | Reuters — Agribusiness giant Cargill said Thursday it has invested US$100 million to expand its wheat milling at its Efremov, Russia, grain complex, nearly doubling its processing capacity to 500,000 tonnes of wheat a year. The Efremov complex, which employs more than 800 people, produces starches and sweeteners […]

Jun. 19, 2014 at 3:18 pm CDT

Washington | Reuters –– New Zealand Prime Minister John Key said on Thursday Japan should be cut out of Pacific trade talks if it will not open its markets to more farm imports, and he urged the Obama administration to hold firm. Japan has been reluctant to open up agricultural […]

Jun. 19, 2014 at 3:05 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle finished higher on Thursday in response to stronger-than-expected prices for market-ready or cash cattle, traders said. Cash cattle in Texas and Kansas moved at $150 per hundredweight (cwt), up $2 from last week, according to feedlot sources (all figures US$). Investors […]

By Theopolis Waters

Jun. 19, 2014 at 2:43 pm CDT

Chicago | Reuters — U.S. corn and soybean futures rose for the second straight session on Thursday, supported by concerns that heavy rains in some growing areas of the U.S. may have caused damage to developing crops, traders said. “It looks like 10 to 20 per cent of the Corn […]

By Mark Weinraub