(CBrands.com)

Constellation considering Canadian wine IPO

Reuters — Constellation Brands said on Wednesday it was considering taking a part of its Canadian wine business public and reported better-than-expected quarterly net sales, helped by strong demand for its premium Corona and Modelo beers. Shares of the New York-based wine, beer and spirits company, which forecast full-year profit largely above estimates, rose as […] Read more




(Scott Bauer photo courtesy ARS/USDA)

China’s farmers switch to soy amid corn market reform

Reuters — Wang Zhonghai, a 49-year-old farmer in China’s top corn producing province of Heilongjiang, plans to switch 80 per cent of his land to cultivate soybeans this year as the government ends a near-decade-old corn price support scheme. China announced last week it will stop its corn stockpiling program and allow markets to set […] Read more



(Keith Weller photo courtesy ARS/USDA)

U.S. grains: Soybeans retreat from August peak

Chicago | Reuters — U.S. soybean futures slumped on Monday as traders took profits after prices reached their highest point since August on technical buying and last week’s government forecast for lower-than-expected plantings. Corn prices ended mixed as traders digested the U.S. Department of Agriculture’s (USDA) estimate for much larger-than-expected U.S. plantings of the yellow […] Read more





(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME feeder cattle limit up on bearish corn data

Chicago | Reuters –– Chicago Mercantile Exchange feeder cattle futures on Thursday settled up their 4.5-cents/lb. maximum daily price limit, spurred by the morning’s bearish government grain report, traders said. U.S. farmers intend to plant 93.6 million acres of corn and 82.2 million acres of soybeans in 2016, the U.S. Department of Agriculture said on […] Read more

(USDA.gov via Flickr)

U.S. acreage plans not set in stone as corn price drops

Washington | Reuters –– U.S. farmers could plant more soybean acres than suggested in the government’s acreage forecast issued Thursday, as recent gains in the futures market tempted them to alter their corn-heavy seeding plans, growers and analysts said. The U.S. Agriculture Department report showed farmers intend to plant 93.601 million acres of corn this […] Read more