Insights and Stories on Markets

Wal-Mart plans more supercentres in Canada

Feb. 5, 2014 at 3:04 am CST

Reuters — Wal-Mart Stores said Tuesday it would invest about $500 million this year to strengthen its presence in Canada, creating more than 7,500 jobs including construction. The investments include more than $376 million for store projects, $91 million for distribution networks to expand fresh food capability and $31 million […]

PEDv not yet affecting packers, but futures get boost

Feb. 4, 2014 at 5:54 pm CST

By Brandon Logan

U.S. wheat futures correct higher

Feb. 4, 2014 at 5:27 pm CST

By Phil Franz-Warkentin

U.S. livestock: CME live cattle end lower, hogs firm

Feb. 4, 2014 at 4:39 pm CST

By Meredith Davis

U.S. grains: Wheat surges as crop ratings sag

Feb. 4, 2014 at 4:33 pm CST

By Julie Ingwersen

U.S. Senate passes long-overdue Farm Bill, sends to Obama

Feb. 4, 2014 at 4:27 pm CST

Washington | Reuters — The U.S. Senate gave final congressional approval on Tuesday to a farm bill, costing an estimated US$956 billion over a decade, that trims food stamps for the poor, expands federal crop insurance and ends direct payments to farmers, and sent it to President Barack Obama for his […]

By Eric Beech

Canada’s grain and oilseed stocks up significantly: StatsCan

Feb. 4, 2014 at 9:32 am CST

CNS Canada — Statistics Canada released its grain and oilseed stocks report for the period ended Dec. 31 on Tuesday, and as many analysts had expected, the report confirmed wheat and canola crops were extremely large. “It’s confirmation of the large crops that were produced this year,” said Mike Jubinville, […]

By Brandon Logan

CPSR wheat bids weaken amid widening basis levels

Feb. 3, 2014 at 3:39 pm CST

CNS Canada — Western Canadian cash bids for Canada Prairie Spring Red (CPRSR) wheat moved lower amid widening basis levels during the week ended Monday. Canada Western Red Spring (CWRS) bids, meanwhile, were holding steady. Prices for both varieties failed to follow the U.S. futures markets higher due to continued […]

By Terryn Shiells

U.S. grains: Soy up on tight supply; weather slows grain movement

Feb. 3, 2014 at 3:28 pm CST

Chicago | Reuters — Chicago Board of Trade soybean futures hit a two-week high on Monday, rising on worries about tightening U.S. supplies amid strong demand for soymeal, coupled with expanding dryness in Brazil. Front-month corn futures set a three-month high as export demand and chart-based strength triggered a round […]

By Julie Ingwersen

U.S. livestock: Cash price jitters rattle hog futures

Feb. 3, 2014 at 2:25 pm CST

Chicago | Reuters — Chicago Mercantile Exchange hog futures retreated on Monday, led by profit-taking in anticipation of weaker cash prices in the near term, traders and analysts said. The morning’s average cash hog price in the eastern Midwest dropped $1.14 per hundredweight (cwt) to $78.71, according to U.S. Department […]

By Theopolis Waters