Insights and Stories on Markets

Jan. 6, 2014 at 6:25 pm CST

The Canadian Cattlemen’s Association now predicts “at least two” major meat packing plants in the U.S. will close early this year if the U.S. government’s mandatory country-of-origin labelling (COOL) law on meat remains in place. In a newsletter Monday, the CCA said it “strongly believes” at least two plants will […]

Jan. 6, 2014 at 5:05 pm CST

U.S. grain futures rose on Monday as bitterly cold temperatures threatened to damage dormant wheat crops in the United States and a heatwave put Argentina’s corn harvest at risk. Soybean futures jumped amid technical buying, while soymeal gained on expectations that the brutal U.S. cold will increase demand for livestock […]

By Tom Polansek

Jan. 6, 2014 at 4:45 pm CST

Thailand’s besieged government faces a major confidence vote in financial markets next week when a state bank will try to raise about US$600 million in a domestic bond to fund a rice-subsidy scheme that has helped fuel the country’s political crisis. The generous intervention scheme helped Prime Minister Yingluck Shinawatra […]

By Apornrath Phoonphongphiphat

Jan. 6, 2014 at 4:32 pm CST

Western Canadian wheat cash bids held relatively steady during the week ended Jan. 6, with slight increases reported from some elevators and slight declines at others. Average spot bids for CWRS (Canada Western Red Spring, 13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in Monday at around $164 […]

By Phil Franz-Warkentin

Jan. 6, 2014 at 1:09 am CST

Where potatoes and other crops have had their time on the world stage in the past decade, pulse crops will get the spotlight in 2016. The United Nations’ General Assembly recently agreed to declare 2016 as the “International Year of Pulses,” following up on its similar declarations for rice (2004), […]