Grain market report

Weather issues played a role in determining the price direction of the Canadian and U.S. grain and oilseed markets during the week ended May 24 and it looks like this influence is still in the back of everyone’s mind. Canola values on the ICE Futures Canada trading platform trended higher in the latest reporting period,






Hard red winter futures trading set to expand

The CBOT has acquired the Kansas City exchange and will move trading of the benchmark contract to Chicago

The Kansas City Board of Trade’s lightly traded hard red winter wheat futures contract is positioned to become the new benchmark for U.S. wheat prices following a takeover by CME Group, traders said. The size of the U.S. hard red winter wheat crop is the best argument for why volumes for the futures contract that

JBS to open six new slaughterhouses in Brazil

sao paulo / reuters / Brazil’s JBS SA, the world’s biggest integrated meat producer, will open six new slaughterhouses that will increase beef production capacity in the coming months in Brazil by 15 per cent. The new plants will add processing capacity of 1.2 million head of cattle by July 2013, and eventually up to


CME Group buys Kansas City exchange, heading off rival ICE

Reuters / CME Group is buying the Kansas City Board of Trade for $126 million in cash, cementing CME’s dominance in world grain futures markets and keeping rival IntercontinentalExchange from gaining an important foothold. It is CME’s first exchange purchase in five years since it wrapped up a buying spree that put the Chicago Mercantile



South American weather shakes up corn, soybeans

Canola futures on the ICE Futures Canada trading platform managed to trend upward over the holiday period ended Jan. 6. Steady demand from the commercial sector provided some of the strength with weather issues in the oilseed-growing areas of South America contributing to the upward momentum. Fresh export business with China further underpinned canola values.

Summerfallow Acres Expected To Shrink

Canola futures on the ICE Futures Canada trading platform regained ground during the holiday-shortened week ending April 21. Much of the upturn in values reflected the advances experienced by CBOT (Chicago Board of Trade) soybean and soyoil prices. Concerns about the weather in Western Canada and its impact on seeding operations also influenced some of