Prairie wheat bids hold steady — September 2, 2014

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CNS Canada – Average bids for Canada Western Red Spring (CWRS) wheat across Western Canada held relatively steady during the week ended Friday, with slight improvements in basis levels generally compensating for declines in the U.S. futures, according to average prices quoted from a cross-section of Prairie elevators. CWRS bids remain the strongest in Manitoba, […]




Korea lifts ban on beef from cattle fed Zilmax — September 2, 2014

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Seoul | Reuters – South Korea has lifted a ban on animal feed additive zilpaterol in beef, a food ministry official said Tuesday. Seoul had earlier flagged that it intended to ease its zero-tolerance policy on zilpaterol-based drugs, such as Merck’s Zilmax. The official confirmed that imports of beef muscle with one part per billion […]


Sask., B.C. reach deal on direct wine, spirits sales — September 2, 2014

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Consumers in each of British Columbia and Saskatchewan may be able to order wine and craft spirits directly from the other province’s producers, starting next summer, without having to involve the Crown or third-party vendors. Saskatchewan Premier Brad Wall and B.C. Premier Christy Clark announced an agreement Friday they said will “lift barriers to consumers […]


Klassen: Feeder cattle market remains variable — September 1, 2014

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The western Canadian feeder cattle market continues to trade in a volatile fashion. Similar-quality cattle varied by as much as $10 per hundredweight (cwt) in some cases, especially on calves under 600 pounds. There are three key factors enhancing the volatility in the feeder market at this time. First, wholesale beef prices are under pressure […]


Western Sask. terminal owners approve CWB bid — August 29, 2014

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Shareholders in western Saskatchewan’s Great Sandhills Terminal (GST) have unanimously approved an offer from the grain company formerly known as the Canadian Wheat Board. CWB announced Friday it’s completed its $17.4 million acquisition of GST, following an Aug. 18 meeting at which 100 per cent of shareholder votes went in favour of the deal. CWB’s […]


Levinoff-Colbex beef plant to be sold for parts: report — August 29, 2014

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A Quebec cattle producer group’s bid to buy and reopen the shuttered Levinoff-Colbex beef packing plant in the Centre-du-Quebec region has been rejected, according to the province’s main farm organization. The ill-fated cull cow slaughter plant’s receiver, Richter Advisory Group of Montreal, had been taking bids on the St-Cyrille-de-Wendover plant’s assets this summer, for sale […]


U.S. livestock: CME live cattle supported by higher cash trade — August 29, 2014

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures settled up on Friday boosted by higher prices in the cash cattle market, traders said. Cash cattle, or market-ready cattle, sold in the U.S. Plains at $155 to $156 per hundredweight (cwt), traders said (all figures US$). Last week, cash cattle in Kansas and Nebraska […]


U.S. grains: Rain forecast weighs on corn, soy, wheat futures — August 29, 2014

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Chicago | Reuters — U.S. corn and soybeans closed lower on Friday, flirting with contract lows on forecasts for rain that boosted confidence of bumper harvests for both crops this fall. The weather outlook, which called for rains across broad stretches of U.S. growing areas, also weighed on wheat futures as farmers prepared for seeding […]