Canada on Tuesday approved with conditions U.S. grains merchant Bunge's $34 billion (C$48.7 billion) merger with Glencore-backed Viterra, clearing one of the final remaining obstacles for a global agriculture tie-up that is unprecedented in dollar value.
Canada clears $34 billion Bunge-Viterra merger with conditions
U.S. grains: Corn, soy rally stalls as farmers sell grain; Argentina weather eyed
U.S. corn futures retreated on Tuesday on a round of profit-taking after a tighter U.S. supply outlook lifted prices to one-year highs, analysts said.
Canadian canola exports surging in 2024/25
China top customer
Canadian canola exports continued to stay far above those in 2023/24, the Canadian Grain Commission reported earlier in January. In the CGC's monthly report those outbound shipments of canola from licensed facilities at the end of November reached 3.84 million tonnes which are up by more than 80 per cent from a year ago.
U.S. livestock: Live cattle steady to lower; feeders, hogs climb
Live cattle futures were steady to lower on Tuesday, backing away from record highs as speculative profit-taking weighed on prices.
Klassen: Demand surges for beef, live cattle and feeder cattle
For the week ending January 11, Western Canadian feeder cattle prices were up $15-$20/cwt compared to the week ending December 21, 2024. In eastern Saskatchewan and Manitoba, quality packages of steers 800 pounds and over traded $20/cwt to $25/cwt higher compared to three weeks earlier.
Pulse Weekly: Edible bean prices firming up
Edible bean prices in Manitoba are on the rise despite the threat of tariffs on Canadian imports from United States president-elect Donald Trump as soon as he takes office later this month.
German authorities say no more foot-and-mouth disease cases found
Britain halts imports of German pork, other meat and dairy products in effort to stop spread
German authorities said on Tuesday they had found no new cases of the livestock illness foot-and-mouth disease following intensive testing around the area where the first case was confirmed last week. Britain has banned imports of German pork and other products.
COMMENT: Fertile land for growing vegetables is at risk — but a scientific discovery could turn the tide
Research work at Quebec's Laval University's Faculty of Agricultural and Food Sciences, carried out in partnership with 14 vegetable farms, offers hope for ensuring the sustainability of their soils.
Unifor’s Canadian Pacific Kansas City members vote to authorize strike
Unifor said on Tuesday its members at railroad operator Canadian Pacific Kansas City have voted in favor of a strike action if the parties fail to reach an agreement by Jan. 29.
U.S. grain: Corn futures hit 1-yr high after USDA tightens supply view
Benchmark corn futures Cv1 on the Chicago Board of Trade hit their highest in a year on Monday and soybean futures Sv1 notched a three-month top on follow-through buying after the U.S. Department of Agriculture last week cut its estimates of the size of the U.S. 2024 crops, analysts said.
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