McDonald's posted a steeper-than-expected drop in quarterly U.S. comparable sales on Monday, as demand took a hit from a brief E.coli outbreak while diners remained watchful of their spending.

McDonald’s posts biggest US sales decline in nearly five years
International sales rise, driven by Middle East and Japan

Speculators exit short positions in canola
Net short smallest since 2023
Speculative fund traders were busy covering bearish bets and putting on new long positions during the first few days of February, taking the net short position in canola to its smallest level since September 2023, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

Canada seeks stronger EU trade ties as both regions threatened by Trump tariffs
Critical minerals, smaller businesses among priorities, trade minister says
Canada wants to deepen its economic ties with the EU and uphold global trading rules in the face of threatened U.S. tariffs, its trade minister Mary Ng told Reuters on Saturday.

EU plans simpler rules for billions worth of farm subsidies, draft shows
The European Union is drawing up plans to simplify rules governing its huge farming subsidy programme, draft documents seen by Reuters showed, as Brussels races to lighten the regulatory burden on local businesses.

Trump expected to announce 25 per cent steel and aluminum tariffs in latest trade salvo
Trumps suggests more announcements later this week; EU floats retaliatory measures
President Donald Trump is expected to introduce new 25 per cent tariffs on Monday on all steel and aluminum imports into the U.S., on top of existing metals duties, in another escalation of his shake-up of trade policy.

U.S. livestock: Cattle prices pull back
Slaughter numbers down for cattle
Live and fed cattle futures on the Chicago Mercantile Exchange were steady to lower on Friday, as the slaughter was behind pace.

U.S. grains: Corn, soy, wheat futures sag on renewed U.S. tariff worries
Chicago Board of Trade corn, soybean and wheat futures weakened on Friday on renewed worries that trade disputes could hurt demand for U.S. farm products, analysts said.

Ag sees small representation at tariff summit
Looming threat of U.S. tariffs discussed
Agriculture had some ambassadors at Prime Minister Justin Trudeau’s tariff summit in Toronto, Feb. 7, though some said more representation would have been better.

Live poultry markets in New York City, suburbs shut over bird flu
Bird flu detected at seven locations
Authorities in New York state have temporarily closed all live poultry markets in New York City and three suburban counties after detecting bird flu at seven markets within the past week, according to a notice on Friday.

Barley, Canola, Cereals, Corn, Lentils, Markets, News, Oats, Peas, Pulses, Soybeans, spring-wheat, Winter Wheat
Canola stocks shrink, wheat nudges up
StatCan issues stock report
With a decline of 19.2 per cent, total canola stocks in Canada dropped from a year ago, while all wheat stocks bumped up 0.9 per cent, Statistics Canada reported on Feb. 7.