Cereal fields in Europe are generally in good condition after a dry, mild spell helped them recover from a soggy start to autumn, though grain belts around the Black Sea are lacking hardiness for winter, the EU's crop monitoring service said on Monday.

EU crops in fair shape but Black Sea rim lacks winter strength, monitor says

Canada’s inflation rate ticks down to 1.9 per cent in November
Canada's annual inflation rate unexpectedly dropped by a tick to 1.9 per cent in November, driven by a broad-based slowdown in prices, while the consumer price index was unchanged on a monthly basis, data showed on Tuesday.

Klassen: Feeder market consolidates at higher levels
The market continues to digest the U.S. border closure to Mexican feeder cattle, which is drawing more U.S. demand towards Western Canada. Auction market volumes are declining at this time of year. The quality of cattle was sub-par in some regions which caused prices to be quite variable.

U.S. livestock: Cattle down as trade anticipates Mexican cattle imports
Chicago Mercantile Exchange (CME) live and feeder cattle futures fell on Monday as market players digested news that Mexican cattle imports to the U.S. will likely resume in the New Year, traders said.

Fall economic statement fairly quiet on agriculture
The 2024 fall economic statement predicts a $61.9 billion deficit and makes little mention of agriculture.

Farm groups back away from Sustainable Agriculture Strategy
Organizations say they will no longer participate in strategy discussions, saying it does not align with producers' needs
Agriculture Canada says consultations on its Sustainable Agriculture Strategy will continue even after six major organizations withdrew from the advisory committee last week.

U.S. grains: Corn, soy choppy amid demand uptick and strong South American crop
Chicago corn and soybean futures seesawed on Monday as market players weighed an uptick in fund buying interest against the prospect of a bumper South American corn and soy crop, traders said.

Finance minister Freeland quits after clash with Trudeau
Freeland says Trudeau's push for spending could hurt Ottawa's ability to deal with potential tariffs as Trump assumes office
Federal Finance Minister Chrystia Freeland quit on Monday after clashing with Prime Minister Justin Trudeau on issues including how to handle possible U.S. tariffs, dealing a huge blow to an already unpopular government.

Nova Scotia keeps ag minister in post-election shuffle
With an expanded pool of rural MLAs following the Nov. 26 provincial election, Premier Tim Houston announced a cabinet shuffle at an event in Halifax on Dec. 12 but kept Guysborough-Tracadie MLA Greg Morrow as minister of agriculture.

Ukraine to set up mechanism to supply food to Syria, Zelenskiy says
Leader of Russia's Chechnya says he is ready to ensure wheat supplies to Syria if necessary
Ukrainian President Volodymyr Zelenskiy said on Saturday he had instructed his government to set up supply mechanisms to deliver together with international organizations and partners food to Syria in the aftermath of the fall of President Bashar al-Assad.