Insights and Stories on Markets

Tyson wins bid for Hillshire in battle of meat titans

Jun. 9, 2014 at 12:36 pm CDT

Reuters — Tyson Foods has won the bidding war for Hillshire Brands with an all-cash offer that values the maker of Jimmy Dean sausages at US$8.55 billion including debt and would be the biggest deal yet in the global meat business. Tyson, the largest U.S. meat processor, on Monday announced […]

U.S. grains: Corn, wheat rally from three-month lows on short-covering

Jun. 6, 2014 at 4:27 pm CDT

By Karl Plume

U.S. livestock: CME lean hogs end higher, live cattle narrowly mixed

Jun. 6, 2014 at 4:15 pm CDT

By Meredith Davis

Chicago wheat futures drop to fill chart gap

Jun. 6, 2014 at 3:23 am CDT

By Phil Franz-Warkentin

Some TPP partners said aiming for deal in coming months

Jun. 5, 2014 at 6:02 pm CDT

By Ana Isabel Martinez Krista Hughes Linda Sieg

U.S. livestock: CME feeder, live cattle end higher on tight supplies

Jun. 5, 2014 at 5:33 pm CDT

Chicago | Reuters — Cheaper grain prices, firmer live cattle prices coupled with tight supplies and good pasture boosted Chicago Mercantile Exchange feeder cattle values into record territory on Thursday, traders said. CME August feeders ended at 199.825 cents per pound, up 1.05 cents, while the September contract closed up […]

By Meredith Davis

U.S. grains: Corn, soybeans tumble on good weather, fund selling

Jun. 5, 2014 at 4:40 pm CDT

Chicago | Reuters –– U.S. corn futures dropped for a fourth straight day on Thursday, hitting the lowest point since February, as favorable Midwest crop weather bolstered expectations for a bumper harvest this autumn and triggered fund selling. Soybean prices fell 1.5 per cent to the lowest in more than […]

By Karl Plume

Quebec poultry co-op to buy P+H’s Butterball business

Jun. 5, 2014 at 2:20 pm CDT

Winnipeg agrifood firm Parrish and Heimbecker has signed a deal to shed its P+H Foods poultry processing business, which includes the Canadian business for the U.S. turkey brand Butterball. Exceldor, a Levis, Que.-based poultry producers’ processing co-operative, announced Thursday it will expand its market reach across Canada by buying the […]

By Staff

Dairytown’s farmers approve merger into Agropur

Jun. 5, 2014 at 3:08 am CDT

New Brunswick butter co-operative Dairytown Products is expected to become part of major Quebec dairy co-op Agropur by month’s end, now that Dairytown’s farmers have approved the deal. The two co-ops announced Wednesday that Dairytown’s “beneficiaries,” the province’s 206 active dairy producers, voted 99 per cent in favour of the […]

By Staff

Oat prices edging down, well off highs

Jun. 4, 2014 at 9:14 pm CDT

CNS Canada — Canadian oat prices have dropped slightly after a brief incline last week, as the market took same direction from U.S. futures. “It has something to do with the index fund roll, so that was weakening the spread,” said Ryan McKnight, a grain merchant at Linear Grain at […]

By Marney Blunt