Reading Time: < 1 minute Winnipeg | Reuters — South Korea has suspended beef imports from Canada, which last week reported its first case of bovine spongiform encephalopathy (BSE) in six years, the Canadian Food Inspection Agency said Wednesday. South Korea, the fourth-largest beef importer in the world, is seeking more information about the case before lifting its suspension, the […] Read more
Korea suspends Canadian beef imports after BSE case
No other countries yet considering suspensions, CFIA says
Vena withdraws as candidate for CN CEO role
Reading Time: < 1 minute Reuters — Canadian National Railway said on Monday Jim Vena, who was backed by a group of investors to lead the country’s largest railway operator, had pulled out of the running to serve as its new chief. Shares of CN fell as much as 6.5 per cent on the news. The former Union Pacific executive […] Read more
U.S. grains: Soy, corn set multi-month highs
South American crop uncertainty, chart-based buying are factors
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures closed higher on Friday, hitting a 2-1/2 month top on worries about South American crop weather coupled with chart-based buying, traders said. Corn futures set a four-month high near $6 a bushel and wheat followed the firm trend (all figures US$). Chicago Board of Trade January soybeans settled […] Read more
Claas sees more semiconductor chip snags in 2022
'It's going to be a tough next six months'
Reading Time: 2 minutes Paris | Reuters — Agricultural machinery maker Claas said Thursday it expects difficulties in securing semiconductor chips to persist for the first half of next year, which could curb a surge in profits linked to booming farm demand. An upturn in orders from farmers, who are benefiting from high crop prices after several lean years, […] Read more
U.S. grains: CBOT wheat nears two-month low
Corn declines; soy ends firm
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell nearly four per cent on Wednesday and European wheat fell three per cent as a bumper Australian harvest and signs of continued competition from Black Sea supplies added to technical pressure, traders and analysts said. Corn followed wheat lower while soybean futures ended modestly higher after monthly […] Read more
Spy agency sees ransomware attacks soaring
Aggressive hacking expected to increase
Reading Time: < 1 minute Ottawa | Reuters — Global ransomware attacks increased by 151 per cent in the first half of 2021 compared with 2020 and hackers are set to become increasingly aggressive, Canada’s signals intelligence agency said on Monday. The Communications Security Establishment (CSE), citing attacks on North American health facilities and a U.S. pipeline, said the scale […] Read more
CNH buys software house NX9 to bolster ag business
Reading Time: < 1 minute Milan | Reuters — CNH Industrial has bought software engineering firm NX9, it said on Thursday, in a further step to boost digital innovation in its agricultural division as it prepares to spin off its truck, bus and engine operations. U.S.-based NX9 is a small software house specializing in so-called ‘ISOBUS’ technology for agricultural equipment, […] Read more
CN rerouting trains, aims to re-open line to Vancouver on weekend
Reading Time: < 1 minute Reuters — Canadian National Railway (CN) said Wednesday it was aiming to reopen its track in the crucial Kamloops-to-Vancouver corridor in flood-hit British Columbia this weekend. The Pacific province, trying to rebuild after devastating floods in November, received more rain over the weekend and this week. CN operates one of the two critical rail lines […] Read more
British Columbia braces for more heavy rain
Reading Time: < 1 minute Ottawa | Reuters — British Columbia is facing more heavy rains as the province tries to recover from massive floods and mudslides, Public Safety Minister Mike Farnworth told reporters on Tuesday. Farnworth said crews were working to shore up dikes and dams, adding some roads would be closed protectively. Flooding over Nov. 14-16 in Canada’s […] Read more
B.C. extends fuel restrictions following flooding
Agricultural and farm-use vehicles exempted as 'essential'
Reading Time: 1 minute Reuters — Government officials in British Columbia on Monday extended restrictions on the use of fuel by residents, saying it was needed for emergency vehicles as the region recovers from devastating floods. The order, first issued on Nov. 19, limits vehicles deemed “non-essential” by the government to 30 litres of gasoline or diesel fuel per […] Read more