Chicago | Reuters — U.S. wheat futures closed lower on Thursday, with K.C. hard red winter wheat and MGEX spring wheat falling from multiyear peaks on a round of profit-taking. Declines were kept in check by concerns about tight supplies and strong demand, factors that pushed Paris wheat to a 14-year high. Profit taking also […] Read more
U.S. grains: Wheat, corn, soy ease on profit-taking
Canada's latest export disruptions supportive
U.S. border reopens to Canadian land travelers
Travel business sees 'tremendous pent-up demand'
Toronto | Reuters — A steady stream of Canadian visitors, particularly retirees headed to U.S. sun spots, crossed the U.S. border by car on Monday for the first time in 20 months as Washington lifted travel restrictions. Traffic was heavy at times at some U.S. border posts such as Bluewater Bridge, Michigan near Sarnia, Ont., […] Read more
Beef cattle producers ‘encouraged’ by new CPTPP applicants
U.K., China, Taiwan seek memberships; no additional dairy, feather access on table
With their exports on an upswing, the organization for Canada’s beef cattle producers says it’s “encouraged to see other countries’ interest” in joining the Trans-Pacific Partnership trade bloc. The Canadian Cattlemen’s Association on Oct. 18 noted the official applications to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) from the United Kingdom, China and […] Read more
Canada to wind down broad-based COVID aid programs
Feds opt for targeted measures as economy recovers
Ottawa | Reuters — Canada will not extend existing broad-based COVID-19 support programs for companies and individuals when they expire on Saturday because the economy is recovering well, Finance Minister Chrystia Freeland said on Thursday. Instead, Ottawa will introduce more targeted and less costly measures for hard-hit sectors such as the tourism industry. The new […] Read more
Canada’s small, high-protein malt barley crop poses challenges
MarketsFarm — The hot and dry 2021 growing season cut significantly into Canada’s barley production, with the weather also leading to higher protein levels for what was harvested. “It will be an extremely tight and difficult year for the malt processors and ultimately for the brewers as well,” said Peter Watts, managing director of the […] Read more
Feds tighten forecast for wheat carryout
MarketsFarm — Canadian wheat carryout for the 2021-22 crop year will be even tighter than earlier forecasts, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Wednesday. The October report included only minor adjustments for most crops, with the most notable change from September being a 500,000-tonne reduction in projected wheat ending […] Read more
Rains make sunny days for sunflower crops
MarketsFarm — Despite drought conditions throughout southern Manitoba decimating crops during the summer, late rain showers in some areas are improving harvests of one crop in particular. Precipitation in August helped improve the sunflower seed harvest in areas of Manitoba, with the province reporting on Oct. 13 average yields of more than 2,000 lbs. per […] Read more
U.S. to lift restrictions Nov. 8 for vaccinated foreign travelers
Washington | Reuters — The White House on Friday will lift COVID-19 travel restrictions for fully vaccinated international visitors starting Nov. 8, ending historic restrictions that had barred much of the world from entering the U.S. for as long as 21 months. The unprecedented travel restrictions kept millions of visitors out of the U.S. from […] Read more
White House heeded pressure to reopen Canada border, U.S. lawmaker says
Washington | Reuters — A U.S. congressman from New York said on Wednesday that political pressure had persuaded the White House to end a historic 19-month closure of its land borders with Canada and Mexico to millions of non-essential foreign visitors. Representative Brian Higgins, a Democrat representing a district along the Canadian border, said: “You […] Read more
Walmart stakes big claim on Canadian sustainable beef
Retailer pledges to take over 680 tonnes in 2022
The Canadian arm of the world’s biggest retailer has put a number to its previous commitment to source certified-sustainable beef for its grocery business. Walmart Canada on Thursday announced it has committed to buy 1.5 million pounds of beef sourced from farms and ranches certified to Canadian Roundtable for Sustainable Beef (CRSB) standards over the […] Read more
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