Insights and Stories on Markets

Globex ag, grains trading hit by technical problems

Apr. 8, 2014 at 1:36 pm CDT

Chicago | Reuters — CME Group said technical issues had shut down contracts on its Globex electronic trading system Tuesday afternoon, with primarily agricultural and grains contracts affected and no impact on oil or metals. Trading continued in the open outcry pits on the floor of the Chicago Board of […]

Bill to force railways to pay for poor service bound for Commons

Apr. 7, 2014 at 7:38 pm CDT

By Rod Nickel

U.S. grains: Soybeans drop as imports ease supply tightness

Apr. 7, 2014 at 4:44 pm CDT

By Tom Polansek

Prairie CWRS cash bids ease, basis improves slightly

Apr. 7, 2014 at 4:10 pm CDT

By Terryn Shiells

U.S. livestock: CME hogs end firm on fund buying, higher wholesale pork

Apr. 7, 2014 at 4:02 pm CDT

By Meredith Davis

Klassen: Feeder cattle upward price trend continues

Apr. 7, 2014 at 5:53 am CDT

Western Canadian feeder prices for 800-plus-pound cattle were generally steady with week-ago levels while lower weight categories experienced a week-over-week gain of $3-$6 per hundredweight (cwt). Strength in the U.S. feeder complex led the surge higher on grassers and lighter weight feedlot placement cattle. Healthy feedlot margins continue to support […]

By Jerry Klassen

PotashCorp CEO to step down, replacement named

Apr. 7, 2014 at 5:22 am CDT

Saskatchewan-based fertilizer giant PotashCorp has announced its CEO’s plans to step down in July and has named a copper mining firm’s CEO as his replacement. Bill Doyle, PotashCorp’s CEO since 1999, announced Sunday he will step down as chief executive after 27 years with the company, and remain as a […]

By Staff

U.S. appeal court to reconsider whether to block COOL

Apr. 7, 2014 at 3:53 am CDT

A U.S. appeals court which last month rejected North American meat and livestock industry groups’ plea to halt U.S. mandatory country-of-origin labelling (COOL) on meat has scrapped its own ruling and will re-hear the groups’ case in May. The U.S. Court of Appeals for the District of Columbia circuit announced […]

By Staff

U.S. grains: Wheat drops on forecasts for Plains rain; corn firm

Apr. 6, 2014 at 12:40 am CDT

Chicago | Reuters — U.S. wheat futures fell on Friday, clinching their biggest weekly loss since January, on forecasts for some much needed rain in the U.S. Plains, traders said. Corn prices firmed on expectations that cold weather and low soil temperatures across key growing areas of the U.S. Midwest […]

By Mark Weinraub

U.S. livestock: Cooling wholesale pork prices send hog, cattle futures tumbling

Apr. 6, 2014 at 12:33 am CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hogs futures fell three cents, as much as the market allows, on Friday as wholesale pork pricing cooled and cash hog prices weakened. CME feeder and live cattle prices also fell sharply in response. Livestock traders worried that wholesale prices of bacon […]

By P.J. Huffstutter