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rr(Screengrab from Manitoba Harvest corporate video via YouTube)
Crops, Reuters

Tilray to buy hemp food maker Manitoba Harvest

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Reading Time: < 1 minute Reuters — Shares of cannabis firm Tilray Inc. rose as much as seven per cent on Wednesday after announcing a deal to buy hemp food maker Manitoba Harvest for up to $419 million as it seeks to gain a foothold in the lucrative business. The deal comes after the U.S. farm bill, which legalized commercial […] Read more
CBOT March 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: CBOT wheat plunges to seven-month low

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures plunged yet again on Wednesday as traders fretted over lagging U.S. exports despite them being competitively priced in the global market. Soybeans started the day off on the negative side, with the most active soybean contract dipping just below the one-month low struck a day […] Read more
U.S. livestock: Cattle futures jump on snowstorm
Livestock, Markets, Reuters

U.S. livestock: Cattle futures jump on snowstorm

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Reading Time: < 1 minute Chicago | Reuters — U.S. cattle futures approached a one-year high on Tuesday on concerns that wintry weather in the middle of the country will temporarily tighten supplies. Snow in states such as Kansas, Nebraska and Iowa this week is expected to slow the transportation of cattle to processing plants run by companies such as […] Read more
U.S. livestock: Lean hogs bounce on short-covering, technical buying
Livestock, Markets, Reuters

U.S. livestock: Lean hogs bounce on short-covering, technical buying

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures ended higher for the first time in three sessions on Friday on short covering and technical buying ahead of the extended Presidents Day holiday weekend, traders and analysts said. Futures had been technically oversold after sinking to seven-month lows early this week under pressure from large hog […] Read more
CBOT March 2019 wheat futures with 20- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat falls to multimonth lows as global prices sag

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell to multimonth lows on Friday, despite broad strength in commodity and equity markets as grain traders monitored bearish technical signals as well as falling prices in the global cash wheat market. Soybeans climbed on optimism about U.S. trade negotiations with China, the world’s top soy importer, while […] Read more
A soybean plantation in Brazil. (MailsonPignata/iStock/Getty Images)
General, Markets, Reuters

Brazil may raise farm subsidies despite belt-tightening

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Reading Time: 2 minutes Brasilia | Reuters — Brazil could double spending on subsidized farm insurance in 2020 and may expand subsidized loans, the country’s agriculture policy secretary said on Thursday, even though the new government’s economic team has pledged to cut spending. The negotiations on next year’s farm subsidies highlight the powerful agribusiness lobby’s struggle to preserve benefits […] Read more
Barley south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)
Barley, Crops, Markets, Reuters

Barley ‘price war’ seen sparked by China, Saudi demand drop

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Reading Time: 2 minutes Paris | Reuters — A drop in demand from China and Saudi Arabia sent barley prices tumbling in recent weeks, despite low global supply, and price pressure may continue if harvest prospects for next season remain good, analysts at Strategie Grains said. The barley market rallied earlier in the 2018-19 season with weather-hit crops in […] Read more

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