Reading Time: 3 minutes AgraCity has told customers it will be unable to deliver outstanding product in a timely manner this spring due to cash flowproblems

AgraCity says it is unable to fill orders
AgraCity has told customers it will be unable to deliver outstanding product in a timely manner this spring due to cash flowproblems

U.S. livestock: Cattle, hogs on record highs going into the weekend
Reading Time: < 1 minute Live and feeder cattle futures, as well as those for lean hogs, reached contract highs on the Chicago Mercantile Exchange on Friday. A new round of trade talks between the United States and China in London next week, as well as a solid jobs report from the Labor Department helped strengthen the markets, as well […] Read more

U.S. grains: Chicago futures firm on weather, U.S.-China trade optimism
Reading Time: < 1 minute Chicago grains and soybeans firmed on Friday as expectations improved for U.S.-China trade relations after leaders of the two countries spoke and agreed to further discussions.

Alberta Crop Report: Seeding near complete amidst dry conditions
Seeding complete for most crops
Reading Time: 2 minutes Seeding is nearly finished for crops in Alberta despite conditions getting drier and drier.

Drop in U.S. bulk exports highlighted by USDA report
Down 10 points in three years says FAS
Reading Time: 2 minutes Since 2020, bulk exports out of the United States rose and then fell back, said the U.S. Department of Agriculture report released on June 6. Issued by the USDA's Foreign Agricultural Service, the Rise and Fall of Bulk Commodities cited several reasons for the drop in bulk exports.

Prairie Wheat Weekly: Mixed prices across the region
Higher U.S. prices encourage stronger cash prices
Reading Time: 2 minutes Western Canadian cash prices for spring wheat were mostly higher during the week ended June 5, while those for amber durum moved lower.

India’s Modi to attend G7 summit in Canada
India and Canada to work together “with renewed vigour”
Reading Time: < 1 minute India's Prime Minister Narendra Modi said he looked forward to meeting his Canadian counterpart Mark Carney during the G7 summit, after the latter invited him to the gathering over a phone call on Friday.

Cereals Canada hub receives international support
U.K. bakery Warburtons contributes $650,000 to Global Agriculture Technology Exchange
Reading Time: 2 minutes Warburtons, the United Kingdom's largest bakery, committed $650,000 in contributions to the Global Agriculture Technology Exchange on June 5.

China seeks improved ties with Canada amid rising trade tensions
Carney and Li agreed to establish regular communication channels
Reading Time: 2 minutes China called on Friday for steps to improve bilateral ties with Canada, saying there were no deep-seated conflicts of interest, following a spike in trade tensions with many of Beijing’s Western trade partners this year.

U.S. livestock: August live, cattle contracts hit record highs
Reading Time: < 1 minute Strength in cash markets caused live and cattle futures on the Chicago Mercantile Exchange to rise on Thursday, despite low export numbers reported by the United States Department of Agriculture.