Insights and Stories on Markets

Black Sea tensions stoke concerns over grain exports

Mar. 4, 2014 at 4:09 am CST

Chicago | Grainews — Rising tension over increased Russian military presence in the Crimean peninsula has elevated concern in the western grain trade over exports in the near term. “The concerns about exporting wheat and corn definitely are a short-term issue here that could delay some of the shipments out […]

Canadian spot wheat bids jump with U.S. futures

Mar. 4, 2014 at 2:02 am CST

By Phil Franz-Warkentin

U.S. grains: Wheat, corn surge as market frets over Ukraine

Mar. 3, 2014 at 5:24 pm CST

By Michael Hirtzer

Klassen: Record-high fed cattle pull up feeder market

Mar. 3, 2014 at 8:12 am CST

By Jerry Klassen

Weyburn Terminal shareholders approve sale

Feb. 28, 2014 at 6:19 pm CST

By Staff

U.S. grains: Prices jump on weak dollar, Ukraine unrest

Feb. 28, 2014 at 5:34 pm CST

Chicago | Reuters — U.S. grain and soybean futures jumped Friday as the U.S. dollar weakened and political unrest in Ukraine raised concerns about potential trade disruptions. The markets rebounded after wheat approached a three-week low on Thursday. Export demand helped lift corn and soybeans, which also dropped on Thursday. […]

By Tom Polansek

Prairie rail jams putting Canadian millers in shutdown mode

Feb. 28, 2014 at 2:42 pm CST

A rail backlog keeping Prairie wheat and oats from arriving at Canadian mills has already forced some millers to suspend operations, according to the millers’ organization. In the Feb. 27 issue of the Manitoba Co-operator, Canadian National Millers Association (CNMA) president Gordon Harrison notes “prolonged interruptions of up to three […]

By Staff

Maple Leaf posts loss on production revamp costs

Feb. 28, 2014 at 2:25 am CST

Reuters — Canadian food processor Maple Leaf Foods, which has been replacing production facilities and setting up a new distribution system, reported a quarterly loss that it blamed on the “tremendous” costs of the restructuring. Maple Leaf’s multi-year program to revamp meat operations to boost profits and better compete with […]

Prairie spot wheat bids weaken, but basis improves

Feb. 28, 2014 at 2:15 am CST

CNS Canada — Western Canadian cash bids for Canada Prairie Spring Red (CPRS) and Canada Western Red Spring (CWRS) moved lower over the past 10 days as U.S. futures ran into upside resistance. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in at […]

By Phil Franz-Warkentin

U.S. grains: Soybeans retreat from highest levels since September

Feb. 28, 2014 at 1:24 am CST

Chicago | Reuters — U.S. soybeans fell on Thursday, retreating after five sessions of gains and a rise in early trade to the highest level since September as U.S. and South American farmers boosted sales, traders said. Wheat futures shed nearly three per cent and corn 1.7 per cent, with […]

By Michael Hirtzer