Insights and Stories on Markets

Olam sheds stake in Canadian grain trade

Jan. 2, 2014 at 2:13 pm CST

Agrifood giant Olam International has ended its year-and-a-half-long foray into the Canadian grain trading business. The Singapore-based food processing and commodity supply firm announced Thursday it has shed its 50 per cent stake in Lansing Olam Canada, its ag commodity trading joint venture with U.S. grain marketing firm Lansing Trade […]

U.S. grains sag in 2013; soy drops to one-month low

Dec. 31, 2013 at 5:05 pm CST

By Julie Ingwersen

U.S. livestock: CME live cattle end lower, up 3.5 per cent for year

Dec. 31, 2013 at 4:38 pm CST

By Theopolis Waters

Syria relies on costly flour imports as local output cut, PM says

Dec. 31, 2013 at 2:13 pm CST

Prairie wheat bids ease for fourth straight week

Dec. 30, 2013 at 9:15 pm CST

By Terryn Shiells

U.S. livestock: Beef price hike extends CME live cattle gains

Dec. 30, 2013 at 8:59 pm CST

Chicago Mercantile Exchange live cattle futures on Monday landed in positive territory for a third straight session, fuelled by sharply higher wholesale beef prices, traders said. Monday morning’s wholesale price for choice beef rose $2.33 per hundredweight (cwt) from Friday to $199.32, and select surged $3.30 to $194.60, according to […]

By Theopolis Waters

U.S. grains: Corn, set for biggest annual drop, slips on Argentine rain

Dec. 30, 2013 at 7:41 pm CST

U.S. corn prices closed in on their biggest ever annual decline, falling near one per cent on Monday as more rain eased drought worries in major exporter Argentina. Soybean prices, on track to end the year with only modest losses, also eased. Wheat was pointed toward a yearly decline of […]

By Sam Nelson

Klassen: Feeder cattle buyers eyeing risks in new year

Dec. 30, 2013 at 8:06 am CST

This past year was another volatile 52-week period for the feeder cattle complex. Looking back at market reviews, I believe the lowest market sentiment was in late April when Charolais-cross steers were trading at $128 per hundredweight (cwt) in Lethbridge while barley was touching the $300 per tonne level. This […]

By Jerry Klassen

U.S. grains: Soybeans bounce on technical buying, export sales

Dec. 27, 2013 at 4:58 pm CST

U.S. grains and soybeans rose on Friday, clawing back some of their earlier losses during the holiday-shortened week. Soybeans gained the most, climbing one per cent on technical buying ahead of the expiry of options and bargain buying, traders said. The oilseed also got a boost from the U.S. Department […]

By Rod Nickel

U.S. livestock: Strong cash prices drive up CME live cattle

Dec. 27, 2013 at 4:49 pm CST

Chicago Mercantile Exchange live cattle futures closed higher in light volume on Friday, led by short-covering stirred by better-than-anticipated cash prices, traders said. Cash cattle in Texas moved at mostly $133 per hundredweight (cwt), $3 higher than last week, feedlot sources said (all figures US$). They reported cash sales of […]

By Theopolis Waters