Insights and Stories on Markets

Oat prices stable despite ‘bearish’ StatsCan report

Dec. 10, 2013 at 4:43 pm CST

Statistics Canada’s crop production report last week should have been bearish for Canadian oat spot prices, but continued logistical issues appear to have kept prices relatively stable. “It’s shrugged off the outrageously bearish StatsCan numbers,” Ryan McKnight, grain merchant for Linear Grain at Carman, Man. said of the market. “Basis […]

Klassen: Winter weather provides chills on feeder market

Dec. 9, 2013 at 8:47 pm CST

By Jerry Klassen

Prairie wheat bids plunge with huge Canadian crop

Dec. 9, 2013 at 8:04 pm CST

By Terryn Shiells

U.S. livestock: Hog futures end mixed, cattle firm

Dec. 9, 2013 at 5:35 pm CST

By Meredith Davis

U.S. grains: Soybeans up 1.4 per cent as demand increases

Dec. 9, 2013 at 5:28 pm CST

By Mark Weinraub

WTO overcomes last-minute hitch to reach first global trade deal

Dec. 7, 2013 at 10:24 am CST

The World Trade Organization reached its first ever trade reform deal on Saturday to the roar of approval from nearly 160 ministers who had gathered on the Indonesian island of Bali to decide on the make-or-break agreement that could add $1 trillion to the global economy The approval came after […]

By Randy Fabi

ICE canola sets daily volume record

Dec. 6, 2013 at 6:58 pm CST

Canola contracts on the ICE Futures Canada trading platform posted record daily trade volumes on Dec. 4, the IntercontinentalExchange Group announced Thursday. There were 51,805 canola futures contracts traded on the Winnipeg-based electronic market on Wednesday, which topped the previous daily record of 49,165 contracts set on June 9, 2010, […]

U.S. livestock: Beef quotes weaken live cattle futures

Dec. 6, 2013 at 6:23 pm CST

Chicago Mercantile Exchange live cattle futures on Friday posted modest losses, weighed by weaker wholesale beef values and steady to lower cash cattle returns, traders and analysts said. Friday morning’s wholesale choice beef price slipped 39 cents per hundredweight (cwt) from Thursday to $202.02, and select dropped $1.94 to $187.68, […]

By Theopolis Waters

Historic global trade deal on ice as Cuba holds out

Dec. 6, 2013 at 4:58 pm CST

Ministers appeared close to sealing the world’s biggest trade reform for two decades early on Saturday but a last-gasp objection from Cuba forced an overnight halt, leaving the World Trade Organization four votes short of a final victory. Earlier a major obstacle was overcome when India, the most vocal holdout, […]

By Randy Fabi

U.S. grains: Soybeans slide on favourable S. America weather

Dec. 6, 2013 at 4:03 pm CST

Soybeans fell on Friday for the second straight day and ended nearly one per cent lower for the week under pressure from prospects for bumper crops in South America. Corn turned firm on a late bout of short-covering but gains were checked by a plentiful U.S. harvest. Wheat eased on […]

By Rod Nickel