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(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock

U.S. livestock: Live cattle recovers on technical trading

By Renee Hickman, Reuters November 12, 2024
Chicago Mercantile Exchange live cattle futures gained strength on Tuesday on technical trading, analysts said, while lean hog futures rose for a second day as traders anticipated growing export demand.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Soybeans plunge with Trump EPA pick; wheat and corn also fall

By Renee Hickman, Reuters November 12, 2024
Chicago soybean futures took a sharp dive on Tuesday as traders worried that President-elect Donald Trump's nominee for the head of the U.S. Environmental Protection Agency would take a less than friendly view of the biofuel industry, analysts said.


Photo: Victoria Popova/iStock/Getty Images
Markets

Canadian yellow peas moving to India, but for how long?

By Phil Franz-Warkentin November 12, 2024
India has regained its spot as the top destination for Canadian yellow pea exports, but a looming end to duty-free imports could change trade flows in the New Year.

Photo: Canada Beef
Beef Cattle, Livestock, News, Reuters

Return of US drought delays cattle-herd rebuilding, hurting Tyson Foods

By Heather Schlitz, Julie Ingwersen, Reuters November 12, 2024
The return of drought in U.S. cattle-producing areas is delaying ranchers' plans to expand production after the nation's herd shrank to its smallest level in seven decades, farmers and analysts said.


The Bayer AG logo at the headquarters in France.  Photo: Reuters/Benoit Tessier/File
News, Reuters

Bayer’s shares sink to 20-year low on 2025 earnings fall forecast

By Ludwig Burger, Patricia Weiss, Reuters November 12, 2024
Bayer said on Tuesday that weak agricultural markets mean its earnings are likely to fall further next year, sparking a sharp fall in the German company's shares and piling pressure on its CEO to deliver on his turnaround efforts.

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Strong demand continues to sustain feeder market

By Jerry Klassen November 12, 2024
The weaker Canadian dollar has enhanced the feeding margin structure on incoming replacement calves and this translated into stronger values on premium genetic packages. Finishing feedlot operators in Alberta and Ontario were fairly aggressive in Manitoba and Saskatchewan markets.


(PortMetroVancouver.com)
News, Reuters

Federal government moves to end disputes at ports of Vancouver and Montreal

Labour board will take a few days to issue order; West Coast union says it will file a legal challenge

By David Ljunggren, Reuters November 12, 2024
Canadian Labour Minister Steven MacKinnon said this morning he had directed the country's labor relations board to order an end to disputes at the ports of Vancouver and Montreal, citing the economic damage inflicted.

File photo of cranes at the Port of Montreal. (Jean-Paul_Lejeune/iStock/Getty Images)
Markets, News

Montreal dockworkers’ union rejects offer; lockout begins

By Divya Rajagopal, Reuters November 12, 2024
The Montreal Longshoremen's Union rejected a final offer made for a new labour contract, leading to a lockout being declared, the Maritime Employers Association (MEA) and the union said on Sunday.


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Soybean, corn futures rise after USDA lowers US harvest outlook

By Heather Schlitz, Reuters November 8, 2024
U.S. soybean futures reached a one-month peak on Friday and corn futures touched more than a four-month high after the U.S. Department of Agriculture lowered its U.S. harvest outlooks for both crops more than expected, traders said.

Iggi_Boo/iStock/Getty Images
Markets, Reuters

World food prices reach 18-month high in October, UN says

By Reuters November 8, 2024
World food prices rose in October to an 18-month high as vegetable oils led increases seen in most food staples, United Nations' data showed on Friday.


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