(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat futures soar on short-covering

Chicago | Reuters — U.S. wheat futures jumped about five per cent on Thursday as a flurry of export deals prompted funds to cover short positions, analysts said. Corn futures rose on short-covering and firm cash markets despite the ongoing U.S. harvest, while soybeans followed the higher trend. At the Chicago Board of Trade, December […] Read more



(Dave Bedard photo)

U.S. biodiesel executives plead guilty over fraud scheme

New York | Reuters — Two men pleaded guilty in a U.S. court on Wednesday to conspiracy, fraud and making false statements related to the U.S. government’s controversial policy designed to boost use of renewable fuels, according to court documents. The case comes in the last four weeks of a contentious U.S. presidential election campaign […] Read more




(Lisa Guenther photo)

CBOT weekly outlook: Corn, soy likely rangebound

CNS Canada — Soybeans and corn at the Chicago Board of Trade are likely to be rangebound following a report from the U.S. Department of Agriculture (USDA) on Wednesday. USDA on Wednesday released its monthly world agricultural supply and demand estimates (WASDE), to which traders were looking for direction. “Soybeans, corn — there’s probably a […] Read more


(RussellBeer.com)

B.C. beer firm to shed Vancouver, Winnipeg breweries

The owner of Winnipeg’s Fort Garry Brewing and Surrey-based Russell Brewing is set to sell those companies to separate buyers. Vancouver-based Russell Breweries said Friday it plans to sell Fort Garry to an unnamed purchaser for about $7.7 million and Russell Brewing to a B.C. numbered company for $1.8 million. Russell Breweries, whose shares trade […] Read more



(TysonFoods.com)

Tyson invests in non-meat protein

Reuters — Tyson Foods, the largest U.S. meat processor, took a five per cent stake in plant-based protein maker Beyond Meat amid growing pressure on food companies to reduce environmental and health risks by changing the way they source protein. Terms of the deal were not disclosed. Manhattan Beach, Calif.-based Beyond Meat sells plant-based burger […] Read more