Companies that have paid to source agricultural produce that complies with the European Union’s anti-deforestation law would lose out if the EU decides to delay implementing the legislation by a year, industry groups and traders said. Photo: Mlenny/iStock/Getty Images

EU and South America strike trade deal set to hit pushback in Europe

The European Union and South America's Mercosur bloc struck an agreement on a long-delayed free trade deal on Friday which now faces a tortuous battle for approval in Europe, where there is stiff opposition from France. After negotiations spanning over 20 years, and five years on from an initial deal, European Commission President Ursula von der Leyen and her Mercosur counterparts announced an agreement had been reached in the Uruguayan capital Montevideo.

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U.S. livestock: Cattle futures bounce on tight supplies, firm cash markets

Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures rebounded on Tuesday from prior-session declines, continuing a recent climb sparked by tight cattle supplies and firm cash market prices. Recent strength in wholesale beef prices also encouraged continued buying despite a seasonal tendency for the market to decline after the Thanksgiving holiday […] Read more


Cattle at a feedlot near North Platte, Nebraska. (AndrewLinscott/iStock/Getty Images)

U.S. livestock: Feeder cattle drop on profit taking after 10-session rally

Chicago | Reuters – Chicago Mercantile Exchange feeder cattle futures retreated in a profit-taking setback on Monday after a ten-session rally that took prices to five-month peaks, while live cattle futures followed feeders lower. Monday’s cattle declines came after managed funds had bolstered their long holdings in both markets over recent weeks, encouraged by tight […] Read more



Republican presidential nominee and former U.S. President Donald Trump takes the stage to address supporters at his rally, at the Palm Beach County Convention Center in West Palm Beach, Florida, U.S., November 6, 2024.

Canada-U.S. relationship can weather trade disruptions, MacAulay says of Trump tariff threat

Reading Time: 3 minutes A 25 per cent tariff on Canadian goods could have serious consequences for sectors like beef and pork, but the federal minister of agriculture expressed confidence that the cross-border trade relationship can once again weather the storm. “We’ve dealt with the Trump government previously and we’ll do it again,” he told Glacier FarmMedia today. “We […] Read more



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U.S. livestock: CME cattle futures rise on cash trade, positioning ahead of USDA report

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Friday as cash market trading gathered steam at firm prices, according to analysts, and traders awaited the results of the U.S. Department of Agriculture’s Cattle on Feed report, which the agency released after the close. Feeder cattle gained for a sixth straight session and […] Read more