Chicago | Reuters — Chicago Board of Trade wheat and corn futures fell on Tuesday as Moscow’s announcement that some of its troops were returning to base after drills tempered investor fears of a Russian invasion of Ukraine that could disrupt Black Sea export flows. U.S. soybeans fell as traders assessed chances for rain in […] Read more
U.S. grains: Wheat, corn fall as fears of Black Sea disruption retreat
Soybeans down on chance of South America rain
U.S. livestock: CME lean hogs climb as tight supplies persist
Cattle futures also firm on tighter supplies
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed on Tuesday, supported by persistent tight supplies of market-ready hogs, analysts said. “We know numbers are getting tighter. We haven’t generated the expansion we needed to over the last six to nine months,” said Matthew Wiegand, Risk Management Consultant at FuturesOne. “The numbers are […] Read more
Manitoba border blockade expected to end Wednesday
'Resolution' reached, Mounties say
Another protest blockade of a key Canada-U.S. trade corridor is expected to wrap up by Wednesday. Manitoba RCMP on Tuesday reported they “are now confident that a resolution has been reached” with protestors who, since Thursday, have blockaded Highway 75 leading to the border crossing at Emerson, Man., about 100 km south of Winnipeg. The […] Read more
Pulse weekly outlook: Chickpea prices lower but still very good
MarketsFarm — Although prices for chickpeas have pulled back somewhat over the last month, Colin Young of Midwest Grain at Moose Jaw, Sask. emphasized the market has not turned bad in any manner. “It’s just the level of expectation we had, given the rise in prices of other commodities. Given that we were out there […] Read more
Tim Hortons, Burger King parent to hike prices
BK pulling Whopper off discount menu
Reuters — Burger King parent Restaurant Brands International said on Tuesday that it stripped its most famous sandwich, the Whopper, from discount menus and will raise menu prices again this year as to offset higher costs. U.S.-listed shares of the company rose more than three per cent after it topped results estimates for the fourth […] Read more
Canada to ease travel requirements as COVID cases decline
Updated — Ottawa | Reuters — Canada will ease entry for fully vaccinated international travelers starting Feb. 28 as COVID-19 cases decline, allowing a rapid antigen test for travelers instead of a molecular one, officials said Tuesday. Antigen tests are cheaper than a molecular test and can provide results within minutes. The new measures, which […] Read more
South American soy, corn crops face major disaster
MarketsFarm — With intense heat and very little rain, soybean and corn crops have been having a very tough time in South America, according Dr. Michael Cordonnier of Soybean and Corn Advisor at Hinsdale, Ill. Be they from private consultancies or government bodies such as the U.S. Department of Agriculture or its Brazilian equivalent CONAB, […] Read more
Klassen: Demand increases for lighter-weight feeder cattle
Compared to last week, western Canadian yearling prices were unchanged to $4 higher. Mid-weight feeders from 660 to 750 pounds traded $2 to as much as $6 higher on average. Feeder cattle in the 550- to 650-lb. range traded $4 to as much as $10 higher. Feeder cattle under 550 lbs. were up $10-$20 depending […] Read more
Alberta border blockade expected to disperse Tuesday
Decision comes amid arrests, reported violence at blockade
Amid reports of violence involving a farm tractor and trucks — and seizures of weapons — the protest blockade that shut Alberta’s busiest U.S. trade corridor is reported to be winding down starting Tuesday. Several media outlets on Monday quoted organizers of the blockade at the Canada-U.S. border crossing at Coutts, Alta. as saying they […] Read more
U.S. grains: Soybeans ease on South American rainfall
Wheat underpinned by Black Sea supply worry; corn adds on strong export inspections
Chicago | Reuters — Chicago soybeans fell on Monday, pressured by rainfall in parts of South America that could refresh parched crops as Argentina and southern Brazil near harvest. CBOT corn and wheat ended higher after earlier losses, with corn underpinned by strong export inspections and wheat weighing tensions between Russia and Ukraine that could […] Read more
Canadian Cattlemen Presents: Depth of Field
