Insights and Stories on Markets

Feb. 28, 2012 at 5:47 am CST

Agriculture Minister Gerry Ritz said Monday he is confident the Canadian Wheat Board will strike agreements with grain handlers to allow it to start buying farmers’ 2012 crops for future delivery. A new federal law will strip the board’s marketing monopoly for Prairie wheat and barley as of Aug. 1. […]

By Rod Nickel

Feb. 27, 2012 at 12:02 am CST

Feeder cattle in Western Canada were $2-$3 per hundredweight higher for the second week in a row. Strength in the deferred live cattle futures, along with stronger beef wholesale prices, set a positive tone to the feeder market. In central Alberta, a small group of red Angus-cross steers weighing 608 […]

By Jerry Klassen

Feb. 24, 2012 at 7:53 pm CST

State conservation officials in New York have deep-sixed proposals for rules that would have required vessels using the St. Lawrence Seaway to install treatment systems for their ballast water by next year. Thursday’s announcement comes as a relief to the Canadian government, as enforcement of such rules on transiting ships […]

Feb. 24, 2012 at 6:37 pm CST

Even with "abundant" global wheat supplies, the wheat market has found some bullish news in wheat-growing countries’ weather — and its effects on crops both coming and going. The Canadian Wheat Board — whose latest pool return outlook (PRO) on Thursday saw milling wheat values remain flat or rise by […]

Feb. 24, 2012 at 5:06 pm CST

Federal legislation to overhaul the Canadian Wheat Board has withstood a legal test filed by the eight CWB directors who were legislated out of their jobs. Justice Shane Perlmutter of Manitoba Court of Queen’s Bench on Friday dismissed the eight ex-directors’ motion, filed in December, for an injunction against federal […]