Insights and Stories on Markets

Toronto pork packer in creditor protection

Apr. 4, 2014 at 1:26 pm CDT

Ontario’s hog farmers are still processing news that a mainstay of the Toronto meat packing industry is in creditor protection. Quality Meat Packers and its Toronto Abattoirs arm have been granted 30 days’ creditor protection Thursday to “evaluate restructuring alternatives,” Ontario Pork reported Friday morning. Ontario Pork, which represents the […]

World food prices jump again in March, FAO says

Apr. 3, 2014 at 6:03 pm CDT

By Naomi O'Leary

U.S. livestock: Supply issues send CME hogs plummeting, cattle soaring

Apr. 3, 2014 at 4:24 pm CDT

By P.J. Huffstutter

U.S. grains: Corn, soy, wheat rise on bargain buying bounce

Apr. 3, 2014 at 3:41 pm CDT

By Mark Weinraub

Viterra to build new W. Sask. capacity

Apr. 3, 2014 at 11:31 am CDT

By Staff

Drozd: Tweezer bottom signaled reversal in Nov. canola

Apr. 3, 2014 at 8:47 am CDT

Canola prices on the November 2014 futures contract lost nearly $100 per tonne before retracing a percentage of those losses. Four months after turning down from a high of $530 per tonne on Oct. 24, 2013, a tweezer bottom alerted savvy traders and farmers alike that the market was about […]

By David Drozd

ICE outlook: Canola being pulled in both directions

Apr. 2, 2014 at 4:14 pm CDT

CNS Canada –– Canola futures on the ICE Futures Canada trading platform were weaker during the week ended Wednesday, as the large Canadian supply situation continued to overhang the market. A pickup in farmer selling, as improving basis levels started to make cash prices more attractive in some regions, was […]

By Terryn Shiells

Specs book profits in soybeans, but trend still up overall

Apr. 2, 2014 at 3:47 pm CDT

CNS Canada — Soybean futures at the Chicago Board of Trade moved higher during the week ended Wednesday, but profit-taking came forward to limit the advances. And while more speculative long liquidation is possible in the short-term, the longer-range trend remains pointed higher, according to an analyst. Soybeans had rallied […]

By Phil Franz-Warkentin

U.S. livestock: Fund liquidation erases CME hogs’ new high

Apr. 2, 2014 at 3:41 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hogs on Wednesday slumped on profit-taking and fund liquidation that pulled futures down from a high set earlier in the session, traders said. Fund selling and sell stops developed after the June contract fell below the 20-day moving average of 127.209 cents (all […]

By Theopolis Waters

U.S. grains: Profit-taking sparks sell-off in wheat, corn, soy

Apr. 2, 2014 at 2:46 pm CDT

Chicago | Reuters — U.S. grain and soy futures fell sharply on Wednesday, with corn and soybeans falling back from multi-month highs, on a round of profit taking following rallies earlier in the week. “The market is taking a breather,” said Dewey Strickler, president of Ag Watch Market Advisors. Chicago […]

By Mark Weinraub