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Higher prices of basic foodstuffs such as corn, soy and meat are affecting food supplies for both animals and people as the U.S. economy picks up steam. Photo: Thinkstock

Pet food shortages leave owners on the hunt for kibble

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Reading Time: 3 minutes Chicago | Reuters – Black short-haired kitty Astra, one of millions of pets acquired during the COVID-19 pandemic last year, had to go without salmon-flavored Whiskas treats that were sold out at stores in New Orleans this month. Loki, an Alaskan malamute dog in Ontario, Canada, did not have his usual Royal Canin kibble in […] Read more
Photo: Thinkstock.
Crops, Markets, Reuters

U.S. grains: Wheat climbs on signs of drought damage in northern U.S. Plains

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Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures rose more than 2 percent on Wednesday on increasing concerns over U.S. supplies of top-quality spring wheat after early results from an annual crop tour showed the effects of drought in the northern Plains, traders said. Corn and soybean futures also firmed, but trade was choppy as brokers weighed […] Read more
Crops

Crop quality greater in western Manitoba

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Reading Time: 2 minutes MarketsFarm – While the western parts of Manitoba are seeing healthy crops, the eastern and Interlake regions aren’t so fortunate, according to Manitoba Agriculture and Resource Development. Crop ratings for both the southwest and northwest regions range from 50 to 75 per cent good to excellent, according to the province’s weekly crop report released on […] Read more
The Archer Daniels Midland Co. (ADM) logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2018. Photo: REUTERS/Brendan McDermid
Markets, Reuters

ADM quarterly profit surges amid strong U.S. corn exports to China

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Reading Time: 2 minutes Reuters – U.S. grain merchant Archer-Daniels-Midland Co on Tuesday reported quarterly profit leapt 52 percent due to strong exports and oilseed crushing margins. The bigger-than-expected earnings sent shares to a two-week high and extended a recovery from the COVID-19 pandemic, which last year hurt demand for the company’s ethanol and food products. Shares were up […] Read more
Photo: iStock/Getty Images
Crops, Markets, Reuters

U.S. grains: Soybeans rise for second day after U.S. crop conditions report

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Reading Time: 2 minutes New York | Reuters – Chicago soybean rose for a second consecutive session on Tuesday, after a weekly U.S. government report showed crop conditions deteriorated unexpectedly last week. Corn and wheat both fell as traders took profits at midday after prices rose in the session. “It’s a trading range without much conviction,” said Brian Hoops, […] Read more
Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle top three-week high; feeder cattle set contract high

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Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live cattle futures topped a three-week high on Monday on expectations that supplies will tighten in the coming months, while feeder cattle set a contract high, traders said. The U.S. Department of Agriculture, in a monthly report issued after the markets closed on Friday, said 1.67 million cattle were […] Read more
CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soybeans lower on the week

Traders look at long-term weather; wheat flat

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Reading Time: 2 minutes Chicago | Reuters — Chicago corn and soybean futures slipped on Friday, pressured by extended forecasts calling for cooler weather into August, though hot, dry weather in the coming week across the U.S. Midwest underpinned prices. Wheat ended lower as concerns over unfavorable weather in key exporting countries countered pressure from corn and soybeans. The […] Read more

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