Reading Time: 2 minutes Canada's annual inflation rate accelerated more than expected to 2.0 per cent in October as gas prices fell less than the previous month, data showed on Tuesday, shrinking market bets for a bigger rate cut next month.
Reuters
Canada’s inflation rate jumps back to two per cent, curbing large rate-cut bets
Nestle plays down RFK Jr’s anti-packaged food rhetoric
Reading Time: 2 minutes Nestle on Tuesday sought to play down any differences with Robert F. Kennedy Jr., who has been critical of packaged foods, saying it shared the next U.S. health agency chief's desire to improve agricultural practices and nutrition.
U.S. grains: Wheat rallies as lifting of Ukraine missile restrictions sparks fears of war escalation
Reading Time: < 1 minute U.S. wheat futures climbed on Monday after the White House lifted restrictions that had blocked Ukraine from using U.S. missiles to strike deep within Russia, sparking concerns of an escalating war in the Black Sea breadbasket region.
ADM posts drop in Q3 earnings in delayed report, revises segment core profit
Reading Time: < 1 minute Global grain trader Archer-Daniels-Midland posted a drop in third-quarter profit on Monday and said in its delayed filing that it has revised its calculation of total segment operating profit.
Canadian red meat groups to open advocacy office in Beijing
Reading Time: < 1 minute The Canadian red meat sector will open an advocacy office in Beijing to grow and protect its Chinese market industry groups announced today.
Carrots linked to one US death, 39 cases of illness from E. coli, CDC says
Recalled carrots were also shipped to stores in Canada says USDA
Reading Time: < 1 minute One person has died and at least 39 others made ill by E. coli infections linked to fresh carrots sold by several large grocery retailers in 18 states, the U.S. Centers for Disease Control and Prevention said on Sunday.
UK retail industry plays down threat to food supplies from possible farmer strikes
Reading Time: < 1 minute Britain's retail industry on Monday played down the likelihood of possible farmer strikes over the government's inheritance tax measure impacting food availability, saying the nation's food retailers are adept at dealing with disruption.
French farmers back on the streets as Mercosur talks fuel discontent
Reading Time: 3 minutes Farmers will protest across France on Monday as the prospect of a trade deal between European and Mercosur countries sharpens discontent over foreign competition that fuelled a farming crisis earlier this year.
U.S. livestock: Lean hogs fall on technical selling
Reading Time: < 1 minute Chicago Mercantile Exchange lean hog futures dipped Friday on technical selling and a lower pork cutout, while feeder cattle turned higher on strength in the cash market, traders said.
U.S. grains: Soybeans rise on China’s export incentives change, short covering
Reading Time: 2 minutes Chicago Board of Trade soy futures rallied on Friday after China said it would cut its export incentives for used cooking oil, a move that could curtail the flood of imports into the U.S., market analysts said.