Chicken products recalled

Pinty’s brand Italian style chicken schnitzel is subject to a recall on suspicion of listeria contamination. The product, in the four kilogram package, carries an 8172 code on the package. This recall follows one announced Aug. 9 of Pinty’s oven roasted chicken breast strips in the one kg package with best-before dates of Aug. 9 […] Read more

Cereals lower, while canola rises on soft dollar

Soybean oil and a softer Canadian dollar helped canola move up on Thursday’s markets, as traders gave back some of the previous two weeks declines. November canola finished at $495, up $3.70 per tonne on ICE futures. January rose above $500, up $4.10 to $502, March up the same, to $506.90 and May was up […] Read more

CBOT corn, soy and wheat markets stabilizing

Winnipeg – Corn, soybean and wheat markets at the Chicago Board of Trade are starting to stabilize after a wild week. “Obviously we’ve been down a little bit here this week. We’re recovering some here today, the wheat’s doing the biggest recovery of all,” said Jack Scoville of Price Futures Group in Chicago, Ill. Markets […] Read more

Wheat wins on rumours, canola rises with soy

Canola finally moved off its downward trajectory, settling up $2.70 per tonne over the day, finishing at $488.60 on the ICE futures market. March and May canola held at and above $500, while canola appeared to grab some technical support around $490 as it fell against that number a couple of time during the session. […] Read more

Russia’s Steppe to boost grain exports, seek Egypt opportunity

MOSCOW (Reuters) – Russian agriculture holding company Steppe plans to ramp up grain exports sharply this season, part of its bid to become one of top five traders of Russian grain by 2020, the company said in a statement on Tuesday. Steppe, part of Russian business conglomerate Sistema , will also seek to join the […] Read more

Canola below $490, chasing the beans lower

Soybeans continued lower again on Chicago, taking canola along for the ride. American trade-related subsidy programs, now up to US$12 billion, are exacerbating the fall, as that country’s taxpayers shoulder the burden of avoiding the political pressure of starving out U.S. farmers and processors over a trade war with China. Canola was down more than […] Read more

NAFTA-not fails to excite markets

NAFTA or a lack of it was not on the minds of traders Monday, at least when it came to grains and oilseeds. It likely did fuel some fire under lean hogs and feeder cattle, as those posted positive results on the day. And despite a lack of North American trade deal and its potential […] Read more

Prairie wheat bids descend with U.S. futures

Hard red spring wheat bids in Western Canada fell for the week ended Aug. 24, as a rising Canadian dollar and dropping United States futures prices pressured prices. Average Canada Western Red Spring (13.5 percent CWRS) wheat prices were down by C$11 to C$16 per tonne, according to price quotes from a cross-section of delivery […] Read more

Canola finishes flat, below $500

Western Canadian farmers were sitting on their hands and their canola. Buyers might have been interested, but producers weren’t with harvest about to start in earnest, beyond pulses and a bit of wheat. Futures positions were also slow to trade, as highly variable yields are being reported and the next Canadian acreage report will be […] Read more

Chicago corn and soy markets seeing little action

One trader isn’t expecting much movement on the Chicago Board of Trade (CBOT) corn and soybean markets until harvest starts in the United States Midwest. “I’m looking (past) all the (information) that we see every day and hear. We wait until the combines roll, they tell you the truth,” said Scott Capinegro of Barrington Commodity […] Read more