U.S. President Donald Trump's plan for a 50 per cent tariff on goods from Brazil will likely raise prices for the beef that is used in American hamburgers, traders and analysts said on Thursday, as food manufacturers increasingly rely on imports during a time of declining domestic production.
Trump tariff on Brazilian goods could jack up U.S. burger price
U.S. livestock: Cattle mixed despite fresh supply threats
Cattle futures on the Chicago Mercantile Exchange were mixed on Thursday, with fresh contract highs in the feeder cattle market while live cattle ran into resistance at their own highs to settle with small losses.
Dryness poised to threaten Saskatchewan crops
Growing conditions vary across province
Crops in Saskatchewan are developing in opposite directions, the province’s latest crop report said. Growing conditions in the province vary, with some areas receiving enough rain while other locations are experiencing crop stress due to hot, dry conditions.
Feed Grain Weekly: Prices in a slow decline
Seasonal weakness, rains pressure barley
Seasonal weakness and recent rains across the Prairies pressured feed grain prices according to a Moose Jaw-based trader.
Fifty-six per cent chance of more stable, ENSO neutral weather conditions in late summer and fall U.S. forecasters say
More stable weather due to El Niño-Southern Oscillation (ENSO) neutral conditions are likely in the Northern Hemisphere summer of 2025, with a 56 per cent chance in August-October, the U.S. Climate Prediction Center said.
Europe’s illegal pesticide trade surges as farmers cut costs
At least 14 per cent of pesticides used on EU fields today are illegal
As the cost of spraying crops with pesticides becomes increasingly expensive, farmers in Greece's agricultural heartland have turned to a cheaper alternative: liquids in unlabeled plastic bottles smuggled over land and sea.
Canada seeks pact with Southeast Asian countries to diversify trade
Canada is seeking to finalize a free trade deal with Southeast Asian nations as part of a push to expand into new markets, its top diplomat said, responding to the hefty tariffs imposed on it by the United States, its neighbour and largest trade partner.
U.S. again halts cattle imports from Mexico over flesh-eating screwworms
The flesh-eating livestock pest New World screwworm has advanced closer to the U.S. border with Mexico, the U.S. Department of Agriculture said, prompting Washington to block imports of Mexican cattle just days after it allowed them to resume at a port of entry in Arizona.
U.S. livestock: Feeder cattle extend rally to new highs
Chicago Mercantile Exchange feeder cattle futures extended gains to record highs on Wednesday while live cattle futures set a contract high before pulling back.
U.S. grains: Corn rises after setting contract lows on favorable US crop prospects
Chicago Board of Trade corn futures turned higher on Wednesday after favorable U.S. crop conditions pushed prices to contract lows.
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