Reading Time: 2 minutes Countries are making progress on reforming the World Trade Organization (WTO) but will fall short of clinching a deal at a major meeting early next year, the ambassador leading the talks said in a confidential document.
WTO chair rules out reform deal at next major meeting, document shows
Prairie forecast: First blizzard of the year, then quiet?
Reading Time: 4 minutes A strong Alberta clipper is forecasted to track across the southern Prairies, but the strength and track of the system remains to be seen.
Pulse Weekly: No upside for peas until after New Year
Reading Time: < 1 minute Prices for green and yellow peas have dropped back across the Prairies over the last week. One of the major downward drivers was the Statistics Canada production report released earlier this month, said Levon Sargsyan of Johnston’s Grain in Calgary.
U.S. grains: CBOT wheat sets fresh lows on supply pressure, Ukraine ceasefire talks
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade wheat futures extended losses for a third session on Tuesday, slumping to fresh lows as the most-active contract hovered near prices not seen since late October, while bumper harvests in Argentina and Australia underscored hefty global supplies. The Rosario Grains Exchange last week raised its production estimate […] Read more
U.S. livestock: Cattle rise, hogs recoup losses
Reading Time: < 1 minute Chicago live and feeder cattle futures rose on Tuesday while hog contracts regained Monday’s losses. Most-active February live cattle futures closed at 230.700 cents a pound, up 0.150 cents. June live cattle settled up 0.275 cents at 223.700 cents per pound. Most-traded January feeder cattle gained 3.400 cents to close at 343.325 cents a pound […] Read more
Safeguards leave ‘cars for cows’ deal in peril
Reading Time: 2 minutes EU lawmakers backed tighter controls on imports of agricultural products under a potential trade agreement with the South American trade bloc Mercosur, as Brussels tries to get sceptics on board to sign the EU’s largest-ever trade accord.
Relief as new China ruling lowers EU pork tariffs
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Reading Time: 3 minutes China on Tuesday sharply reduced tariffs on European Union pork imports worth over $2 billion in the final ruling of an anti-dumping investigation seen as a response to the bloc’s duties on Chinese electric vehicles.
Klassen: Feeder market sees wide price range
Reading Time: 2 minutes For the week ending December 13, Western Canadian feeder cattle markets traded $10 higher to $10 lower compared to seven days earlier. Overall volumes were lower compared to previous weeks which contributed to the wide price range across the Prairies. Adverse weather and variable quality were also factors influencing the price structure. Major operations more […] Read more
U.S. livestock: Cattle make small gains, hogs fall
Reading Time: < 1 minute Chicago cattle futures made modest gains on Monday while hogs pulled back. Most-active February live cattle closed at 230.550 cents a pound, up 1.000 cents. April contracts gained 0.625 cents to settle at 230.025 cents a pound. Most-active January feeder cattle futures settled at 339.925 cents a pound, up 0.825 cents. March contracts gained 0.775 […] Read more
U.S. grains: Soybeans touch seven-week low on broad sell-off
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade soybean futures touched a seven-week low on Monday amid a broad sell-off in agriculture markets, as soy traders continued to shed risk amid ongoing concerns over the pace of U.S. exports and expectations of a hefty Brazilian harvest, market analysts said. Wheat futures slumped as Argentina’s large […] Read more
A message from April Stewart, Country Guide's Associate Editor
