Reading Time: < 1 minute A coalition of 12 Canadian Agri-food industry groups travelled to Washington this week for discussions with American officials and agriculture groups about the Canada-U.S.-Mexico Agreement (CUSMA).
Canadian food, agriculture coalition to underscore CUSMA importance in Washington
Canada’s inflation in October eases to 2.2 per cent on lower gasoline, food prices
Reading Time: 2 minutes Canada’s annual inflation rate in October eased to 2.2 per cent as gasoline prices dropped, food prices eased and mortgage interest costs came down below the three per cent mark, data showed on Monday.
U.S. grains: CBOT soybeans, corn, wheat fall in USDA data aftermath
Reading Time: 2 minutes Chicago grains took a dive on Friday, following a closely watched U.S. government crop report and the release of export data that could provide clues into Chinese buying.
U.S. livestock: Cattle, hog futures rise on first WASDE since September
Reading Time: < 1 minute Chicago cattle and hog futures made modest gains on Friday after the USDA released its first World Agricultural Supply and Demand Estimates (WASDE) since the the U.S. government shut down on October 1. Most-active February live cattle futures rose by 0.575 cents to close at 219.525 cents a pound. December contracts settled at 219.150 cents […] Read more
U.S. export sales include only small soybean business to China
Reading Time: < 1 minute The United States sold at least 332,000 tonnes of soybeans to China during the government shutdown, with more business to “unknown destinations” also likely headed to the country, according to a cache of daily sales data released by the U.S. Department of Agriculture on Nov. 14.
U.S. corn and soybean yields revised down by USDA
Reading Time: < 1 minute Soybean and corn yields in the United States were revised downward from earlier estimates in updated supply/demand tables from the United States Department of Agriculture released Nov. 14.
JBS profit falls amid still-challenging US market environment
Reading Time: 2 minutes JBS, the world’s largest meat company, reported a net profit fall in the third quarter in spite of a rise in global net sales amid a still-challenging beef market environment in the U.S., according to an earnings statement on Thursday.
U.S. grains: Soy hits 17-month high, corn to four-month top as trade braces for U.S. data
Reading Time: 2 minutes Chicago Board of Trade soybean futures rose on Thursday to their highest in nearly 17 months as traders awaited a U.S. government crop report that was expected to lower yield estimates, while also bracing for the resumption of export data to give clues on Chinese buying.
Federal budget shows remaining disconnect between agriculture, policymakers, panelists say
Reading Time: 3 minutes Canada’s agriculture sector is still disconnected from policymakers in some ways, say panelists at a CAPI webinar
U.S. livestock: Cattle futures continue downward
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were weaker on Thursday, as a lack of fresh news continued to weigh on values. The December live cattle contract dropped 6.275 cents per pound at 219.000 cents. Feeder cattle fell 9.025 cents in the January contract at 318.450 cents per pound. The U.S. Department of Agriculture reported […] Read more