commodities Archives | Canadian Cattlemen

Commodities firm INTL FCStone enters Canadian market

By GFM Staff June 18, 2019

Already handling ag commodities via partners north of the border, U.S. commodities brokerage and financial services firm INTL FCStone is bringing its own name into the Canadian market. The New York firm announced Tuesday it became a member of the Investment Industry Regulatory Organization of Canada (IIROC) effective May 17, clearing the company to offer […] Read more

Crops, Machinery, Markets

Baltic Dry Index near 2-1/2-year lows

By Phil Franz-Warkentin February 21, 2019

The Baltic Dry Index (BDI) has dropped sharply over the past two months, as declining global demand for commodities — especially from China — weighed on the economic indicator. The BDI, compiled daily by the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials by sea, including grain. The BDI […] Read more

Crops, Markets, Reuters

U.S. grains: Corn, soy, wheat end lower

By Julie Ingwersen January 28, 2019

Chicago | Reuters — U.S. corn and soybean futures ticked lower on Monday, pressured by broad declines in commodity and equity markets as well as improving forecasts for South American crop weather, traders said. Wheat followed the weaker trend. Chicago Board of Trade (CBOT) March corn futures settled down 1/2 cent at $3.79-3/4 per bushel […] Read more

Crops, Reuters

Rail now moving fluidly through Vancouver, CN says

By Rod Nickel January 25, 2019

Winnipeg | Reuters — Congestion at Port Metro Vancouver, Canada’s busiest port, has been resolved and rail operations are now “fluid,” Canadian National Railway said Friday. Canadian National and rival Canadian Pacific Railway were rationing space on trains travelling in the Vancouver area and prioritized some commodities over others to deal with congestion, causing complaints […] Read more

Crops, Machinery, Reuters

Railways ration space as commodity congestion problems worsen

By Rod Nickel January 21, 2019

Winnipeg | Reuters — Canada’s two major railways are rationing space on trains traveling to the country’s biggest port and recently prioritized some commodities over others to deal with congestion, the latest indication of their struggle to meet demand from new trade deals. That move prompted Canada’s transport regulator last week to start an investigation […] Read more

Dairy Cattle, Livestock, Reuters

Louis Dreyfus to exit dairy by mid-2019

By Reuters January 16, 2019

Paris | Reuters –– Louis Dreyfus Co. said on Wednesday it would sell or wind down its small dairy business by the middle of this year as part of an overhaul to revive growth at the agricultural commodity giant. Privately-held Louis Dreyfus had previously earmarked dairy as one of several activities to be sold or […] Read more

Crops, Machinery

No big problems seen in grain transportation so far

By Glen Hallick - MarketsFarm November 27, 2018

CNS Canada — It’s so far, so good with grain shipments to the three major Canadian ports according, to a spokesperson with Quorum Corporation, which compiles weekly performance updates on Canada’s grain handling sector. The spokesperson said there not have been any big problems recently, only a few sporadic instances in rail shipments. There has […] Read more

Crops, Markets, Reuters

U.S. grains: Corn, wheat follow broad commodities weakness

By Julie Ingwersen November 13, 2018

Chicago | Reuters — U.S. corn futures fell more than one per cent on Tuesday, following broad declines in commodities led by sagging crude oil futures, analysts said. Wheat futures fell about two per cent, retreating after Monday’s short-covering rally, and soybeans were also lower. Chicago Board of Trade December corn settled down 4-3/4 cents […] Read more

General, Markets, Reuters

U.S. maps out tariff-related direct payments to farmers

By Reuters August 27, 2018

Chicago | Reuters — The U.S. Department of Agriculture said on Monday its farm aid package would include US$4.7 billion in direct payments to farmers to help offset losses from retaliatory tariffs on U.S. exports this season. The bulk of the payments, $3.6 billion, would be made to soybean farmers (all figures US$). That amounts […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Traders flee stocks for commodities

By Ashley Robinson - MarketsFarm April 25, 2018

CNS Canada — Traders shifted attention to Chicago Board of Trade (CBOT) corn and soybean markets in the wake of a drop in Wall Street stocks, causing a commodities rally Wednesday. Wall Street was dragged down Tuesday by U.S. bond yields, which hit the three per cent mark for the first time in four years. […] Read more

U.S. to move BLM headquarters to Colorado

Ocean freight index hits five-and-a-half year highs

U.S. grains: Corn, soy slip on rains, crop ratings

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