Insights and Stories on Reuters

U.S. West Coast port operations resume, more labour talks scheduled

Feb. 9, 2015 at 8:25 pm CST

Los Angeles | Reuters — U.S. West Coast port operations resumed in full on Monday after shipping companies suspended loading and unloading of freighters for the weekend, citing chronic cargo backups the shippers and dockworkers have blamed on each other during months of labour tensions. Reopening of the ports to […]

Brazil’s grain traders fear monopoly if rail merger allowed

Feb. 9, 2015 at 5:00 pm CST

By Reuters

U.S. grains: Corn, soy rise on short-covering ahead of USDA report

Feb. 9, 2015 at 4:53 pm CST

By Michael Hirtzer

U.S. livestock: CME hog futures resume slide to six-year low

Feb. 9, 2015 at 4:31 pm CST

By Theopolis Waters

‘River of rain’ begins falling on drought-stricken California

Feb. 6, 2015 at 5:55 pm CST

By dan-whitcomb

U.S. livestock: Bargain hunters reverse CME hog futures losses

Feb. 6, 2015 at 5:49 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hogs rallied on Friday, with some contracts up the three-cents-per-pound price limit, fueled by bargain hunting following futures’ plunge to a six-year low in the previous session, traders said. February closed 0.6 cent/lb. higher at 63.875 cents, while April and May ended […]

By Theopolis Waters

U.S. grains: Soybeans fall as dollar rises on jobs data

Feb. 6, 2015 at 5:36 pm CST

Chicago | Reuters — U.S. soybeans ended lower on Friday as a jump in the dollar on strong employment data spurred technical selling, traders said. Additionally, forecasts of record soybean production in South America hung over prices. Corn and wheat closed slightly firmer on a pre-weekend short covering bounce. Wheat […]

By Christine Stebbins

Starbucks eyes coconuts as non-dairy, non-soy demand soars

Feb. 6, 2015 at 3:35 pm CST

Reuters — Starbucks Corp. said on Wednesday its 12,123 U.S. shops would begin offering coconut milk on Feb. 17, as it seeks to keep pace with soaring demand for non-dairy and non-soy milk alternatives. Starbucks began offering soy milk in 1997. Consumer tastes have since evolved, driving strong demand for […]

By Lisa Baertlein

CME expects US$10M savings per year closing futures pits

Feb. 6, 2015 at 3:22 am CST

New York | Reuters –– CME Group will save US$10 million (C$12.4 million) per year after it shuts nearly all of its futures pits in New York and Chicago, a spokesman said Thursday, as the world’s biggest futures exchange pushes ahead with cost-cutting measures. While that may be a significant […]

By Reuters

Supply management limits growth in Canada, Saputo says

Feb. 5, 2015 at 6:54 pm CST

Reuters — Canada’s tightly managed dairy sector limits domestic opportunities for Saputo, the country’s largest dairy, forcing it to focus on growth elsewhere, the company’s chief executive said Thursday. CEO Lino Saputo Jr. emphasized in an interview that the company is not lobbying Ottawa to either dismantle or preserve Canada’s […]

By Rod Nickel