CHICAGO, Oct 13 (Reuters) – Most Chicago Mercantile Exchange live cattle contracts ended moderately lower on Tuesday, with October helped by the upturn in wholesale beef prices and anticipation of higher cash prices later in the week, traders said. But, they said, profit-taking and uneasiness about cattle supplies in the coming months pressured remaining CME […] Read more
Daily news
LIVESTOCK-Cattle futures mostly weak; hogs higher
Sask. premier warns against NDP win in federal election
Saskatchewan premier Brad Wall waded into the federal election campaign today, saying it’s clear an NDP government wouldn’t be in the province’s best interests. Wall released the responses from the three main party leaders to questions he asked them in August. He wanted to know their positions on pipelines, equalization and genetically modified crop production. […] Read more
Sask Wheat to hold board member elections
The Saskatchewan Wheat Development Commission will hold producer elections this fall to fill three seats on the its board of directors. Harvey Brooks, general manager at Sask Wheat, said seven Saskatchewan wheat producers filed nominations papers prior to the Oct. 2 deadline. Candidates in the election will include Dan Danielson of Saskatoon, Scott Hepworth of […] Read more
Canola up almost two percent on big soybean rally
Big gains in U.S. soybean futures Monday and Tuesday helped lift canola futures almost two percent when the Canadian ICE market reopened Tuesday after Thanksgiving. Canola’s rise trailed November soybeans, which gained almost three percent today and 1.75 percent on Monday. Soy oil dipped 0.16 percent on Monday but rose 2.11 percent today. Soybeans rose […] Read more
Glencore assets sale of little interest to grain handler G3 -CEO
WINNIPEG, Manitoba, Oct 13 (Reuters) – Grain handler G3 Canada Ltd., a joint venture between a Saudi Arabian firm and Bunge Ltd., does not have much interest in bidding for a stake in rival Glencore Plc’s agricultural business, its chief executive said on Tuesday. Swiss-based Glencore, the trader and miner whose shares have been battered […] Read more
Dry weather plagues sowing in the Black Sea: Braun COLUMN
By Karen Braun LONDON, Oct 12 (Reuters) – Ukrainian farmers find themselves in a similar situation to last year: soils are dry. Dryness does not yet pose a risk to yields, but sown area could take a beating and noticeably reduce winter crop production in Ukraine in 2016. One year ago, there were concerns in […] Read more
Consumers Want Sustainable Beef But Definition is Murky: Analyst
Winnipeg, Oct. 13 – McDonald’s plans to use sustainable beef by 2016 and intends to sourcing at least part of it from Canadian producers. The fast-food giant’s latest step toward sustainability is to define what exactly that means. Defining sustainability is important, according to a beef brand officer, because in some cases it’s something consumers […] Read more
U.S. hopes to release Pacific trade deal text in 30 days
Oct 10 (Reuters) – The U.S. administration hopes to release the full text of a Pacific trade deal within the next 30 days, U.S. Trade Representative Michael Froman said in an interview with CNN. The United States sealed the Trans-Pacific Partnership (TPP) with 11 trading partners this week, after more than five years of negotiations. […] Read more
California adopts tough rules for antibiotic use in farm animals
LOS ANGELES, Oct 10 (Reuters) – California Governor Jerry Brown on Saturday signed a bill that sets the strictest government standards in the United States for the use of antibiotics in livestock production. The move from California, known for its leadership on public health and environmental issues, comes amid growing concern that the overuse of […] Read more
G3 to build terminal in Hamilton
G3 Canada Ltd. is building a new grain terminal in Hamilton, Ont. Company president Karl Gerrand said the new facility, to be completed in 2017, will be used to collect grains and oilseeds from southern Ontario. “G3 is excited to announce this major investment in the Port of Hamilton as part of our vision to […] Read more
