Reuters, Agriculture News & Resources

U.S. port strike ends leaving cargo backlog

Tentative deal includes 62 per cent wage hike over six years

By David Shepardson, Dovinsola Oladipo, Reuters October 4, 2024

Reading Time: 2 minutes U.S. East Coast and Gulf Coast ports began reopening late on Thursday after dockworkers and port operators reached a wage deal to settle the industry's biggest work stoppage in nearly half a century, but clearing the cargo backlog will take time.

A tugboat passes shipping containers being unloaded and stacked on a pier at Port Newark, New Jersey, U.S., November 19, 2021.
Photo: Reuters/Mike Segar/File

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME cattle futures fall as U.S. port strike continues

By Renee Hickman October 3, 2024

Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange livestock futures fell on technical trading as the session ended on Thursday, according to analysts, after trading both sides earlier in the day. Benchmark CME December live cattle futures LCZ24 settled down 1.300 cents at 186.400 cents per pound. CME November feeder cattle futures FCX24 ended down 0.425 cent at 248.125 cents […] Read more

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

Markets, Reuters

U.S. grains: Grains, soybeans ease after rallies on weather and Middle East instability

By Renee Hickman, Reuters October 3, 2024

Reading Time: 2 minutes Chicago | Reuters — Chicago wheat and corn futures dipped on Thursday on technical trading after surging to June highs this week. Wheat had climbed to a 3-1/2-month peak as traders monitored drought in the important Black Sea region and signs of possible Russian export caps. Corn exceeded a three-month peak on Wednesday, underpinned by […] Read more

Dairy Cattle, Reuters

Study indicates methane emissions from dairy farms higher than previously thought

By The Conversation via Reuters Connect October 3, 2024

Reading Time: 3 minutes To reach net zero by 2050, the UK must reduce greenhouse gas emissions from agriculture and methane emissions from farm livestock pose a thorny problem. Ruminants such as cattle and sheep emit methane from their digestive systems and their manure. Scientists are trying to find ways to reduce these methane emissions without wiping out large parts of […] Read more

Photo: Joel Carillet/iStock/Getty Images

News, Reuters

Ukraine farm sector indirect losses may reach $83B due to Russian invasion, analysts say

By Pavel Polityuk, Reuters October 3, 2024

Reading Time: < 1 minute Indirect losses in Ukraine's key agricultural sector caused by the Russian invasion could reach $83 billion by the end of 2025, mainly due to falling harvests, the Kyiv School of Economics (KSE) said on Thursday.

Aerial view of the eastern section of the Port of Montreal

General, News, Reuters

Montreal port says strike by workers is over, clients can expect delays

By David Ljunggren, Reuters October 3, 2024

Reading Time: < 1 minute A three-day strike by unionized Montreal port workers that shut down two container traffic terminals ended early on Thursday as scheduled.

Markets, Reuters

U.S. grains: Wheat extends rally with weather, war risks in focus

By P.J. Huffstutter, Reuters October 2, 2024

Reading Time: 2 minutes Chicago Board of Trade wheat futures rose further on Wednesday, setting a new 3-1/2-month high, as concern grew about drought in Russia while a drone attack on a Ukrainian river port kept attention on war risks.

Markets, Reuters

U.S. livestock: Cattle, lean hogs futures rally on technical buying

By P.J. Huffstutter, Reuters October 2, 2024

Reading Time: < 1 minute Chicago Mercantile Exchange livestock futures firmed on Wednesday, as technical buying sent lean hog contracts higher and cash market prices staying firm giving cattle futures a boost, market analysts said.

News, Reuters

US port strike disrupts hamburger supplies, frozen seafood

Beef sector could see ripple effects if strike lasts more than a week, industry says

By P.J. Huffstutter, Reuters, Tom Polansek October 2, 2024

Reading Time: 3 minutes Dockworkers striking at U.S. East Coast and Gulf Coast ports are preventing imports of beef that restaurants and retailers increasingly rely on to make hamburgers due to limited domestic supplies, traders and industry members said.

The European Commission said on Wednesday it would propose to delay implementation of its flagship law banning the import of commodities linked to deforestation by a year, following calls from industries and governments around the world. Photo: Mlenny/iStock/Getty Images

News, Reuters

EU proposes to delay landmark anti-deforestation law by 12 months

Law would ban the import of commodities linked to deforestation

By Reuters October 2, 2024

Reading Time: 2 minutes The European Commission said on Wednesday it would propose to delay implementation of its flagship law banning the import of commodities linked to deforestation by a year, following calls from industries and governments around the world.

Daily Network News

Iran says Strait of Hormuz open as Trump sees deal ‘soon’ to end war

Agriculture groups welcome seed, fertilizer approval bill

AAFC projects tighter canola stocks for 2026-27

Reuters

U.S. port strike ends leaving cargo backlog

U.S. livestock: CME cattle futures fall as U.S. port strike continues

U.S. grains: Grains, soybeans ease after rallies on weather and Middle East instability

Study indicates methane emissions from dairy farms higher than previously thought

Ukraine farm sector indirect losses may reach $83B due to Russian invasion, analysts say

Montreal port says strike by workers is over, clients can expect delays

U.S. grains: Wheat extends rally with weather, war risks in focus

U.S. livestock: Cattle, lean hogs futures rally on technical buying

US port strike disrupts hamburger supplies, frozen seafood

EU proposes to delay landmark anti-deforestation law by 12 months

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