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U.S. livestock: Hogs turn up on short-covering, bargain buying

Chicago | Reuters — Chicago Mercantile Exchange lean hogs finished higher on Friday after short covering and bargain buying pared some of the market’s recent losses tied to fears about NAFTA negotiations, said traders. On Wednesday, Mexico said it would withdraw from the North American Free Trade Agreement, following Canadian government worries that the U.S. […] Read more


U.S. grains: Wheat drops most since August after USDA acreage surprise

Chicago | Reuters — Chicago wheat futures tumbled nearly three per cent on Friday, notching their biggest daily decline since August, after the U.S. Department of Agriculture showed larger-than-expected U.S. winter wheat plantings. Corn futures fell to life-of-contract lows, while soybeans turned higher in a recovery from four-month lows in the wake of the midday […] Read more

Rush on to reverse U.S. tax boon for ag co-ops

Chicago | Reuters — Republican U.S. senators are working with some of the world’s biggest agricultural merchants to undo a last-minute provision in the tax overhaul that threatens to distort the grains market and starve private firms of corn, soy and wheat supplies. It was included during final revisions of the tax bill that passed […] Read more


Steady to lower durum market expected

CNS Canada — Larger-than-expected production, a seasonal slowdown in demand and looming Italian country-of-origin-labeling regulations all loom over the Canadian durum market, with steady to lower prices anticipated over the next few months. Italian COOL regulations are set to come into effect in mid-February and require pasta makers in the country to segregate foreign durum, […] Read more

USDA raises corn harvest view

Washington | Reuters — The U.S. Agriculture Department on Friday boosted its estimate of domestic corn production due to a record yield that stemmed from bumper harvests in major growing states such as Illinois as well as some of the smaller production areas. USDA also trimmed its view of soybean production, although the 2017 crop […] Read more





champ's mushrooms

Major B.C. mushroom grower merging into U.S. firm

One of Canada’s biggest mushroom producers is set to merge into one of the biggest North American players in the same sector. Pennsylvania-based South Mill Mushrooms, which grows for distribution across the U.S. and into Eastern Canada, announced Tuesday it will combine its operations with those of Champ’s Mushrooms, based at Aldergrove in the Vancouver […] Read more

Food riots grip western Venezuela

San Cristobal/Barinas, Venezuela | Reuters — Hungry mobs ransacked a food collection centre and a supermarket in Venezuela’s western Andean state of Merida on Thursday and reportedly even slaughtered cattle grazing in a field as unrest over food shortages spread through the country. An opposition lawmaker from Merida, Carlos Paparoni, said four people had died […] Read more