(Lisa Guenther photo)

U.S. grains: Corn, soy rise on short-covering ahead of USDA report

Chicago | Reuters –– U.S. corn and soybean futures edged higher on Monday, lifted by investor short-covering and position-squaring ahead of the monthly U.S. Department of Agriculture supply and demand report due on Tuesday. USDA said earlier that top soybean importer China purchased 120,000 tonnes of the grain within 24 hours, while analysts at AgRural […] Read more

(Dave Bedard photo)

CWB building sold: reports

CNS Canada — The former Canadian Wheat Board’s downtown Winnipeg office building has been sold, according to media reports. The eight-story building on Main Street was bought by Calgary-based Hopewell Development, reportedly for $9.7 million. The former wheat board, now called CWB, will continue to lease two floors of the building. The sale was initially […] Read more





(Starbucks.com)

Starbucks eyes coconuts as non-dairy, non-soy demand soars

Reuters — Starbucks Corp. said on Wednesday its 12,123 U.S. shops would begin offering coconut milk on Feb. 17, as it seeks to keep pace with soaring demand for non-dairy and non-soy milk alternatives. Starbucks began offering soy milk in 1997. Consumer tastes have since evolved, driving strong demand for other non-dairy alternatives made from […] Read more

World food prices fall in January, rally seen unlikely

Rome | Reuters — World food prices are unlikely to rise much from their four-year slump as long as high production, low oil prices and limited import demand continue, a senior economist for the United Nations’ food agency said Thursday. The U.N.’s Food and Agriculture Organization’s (FAO) global food price index fell in January, continuing […] Read more






(Dave Bedard photo)

ICE weekly outlook: Canola ‘reasonably balanced’

CNS Canada –– ICE Futures Canada canola contracts moved higher during the week ended Wednesday, but remain rangebound overall with offsetting market factors expected to keep values steady in the short term. “The market seems, at least temporarily, reasonably balanced,” said Jon Driedger of FarmLink Marketing Solutions. “It’s that window of the year where there’s […] Read more