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CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures limit up as beef prices surge

Hog futures also limit up, following cattle higher

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures rose their daily limit on Monday, lifted by strong packer margins, rising wholesale beef prices and expectations of higher cash cattle prices this week after Tyson Foods said it would pay producers a one-time premium, traders said. Benchmark June live cattle futures on the Chicago Mercantile Exchange […] Read more
Ardent Mills’ milling facility at Saskatoon. (ArdentMills.com)
Cereals, Crops, Markets, Reuters

North America’s millers, bakers scramble to satisfy bread binge

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Reading Time: 2 minutes Chicago/Winnipeg | Reuters — North American flour mills and bakeries are rushing to boost production as the spread of the COVID-19 coronavirus leads to consumer stockpiling of staples such as bread and pasta. The virus’ spread prompted orders to stay at home in some U.S. states, including New York, California and Illinois last week, following […] Read more
Suzanne Heywood. (CNHIndustrial.com)
Crops, Machinery, Reuters

CNH Industrial replaces CEO, sticks with spinoff plan

Chairman Suzanne Heywood becomes interim CEO; CFO also leaving

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Reading Time: 2 minutes Updated, March 24 — Milan | Reuters — The chief executive of CNH Industrial is leaving with immediate effect, the industrial vehicle maker said on Monday, less than two months after a profit warning. CNH said board chair Suzanne Heywood would replace Hubertus Muhlhauser as CEO until a permanent replacement was found. A source close […] Read more
CBOT May 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat jumps to one-month top

Soy climbs, corn little changed

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures surged nearly four per cent on Monday and hit a one-month high, buoyed by strong buying by domestic flour millers as consumers stockpile bread, and signs of a pick-up in global export business, traders said. Soybeans rose on expectations of rising demand for soymeal, a feed ingredient. Corn […] Read more
Farmer Steve Mackenzie-Grieve pulls harvested wheat from a grain bin at the Yukon Grain Farm near Whitehorse on Feb. 19, 2020. (Photo: Reuters/Crystal Schick)
Crops, Markets, Reuters, Weather

Wheat in Whitehorse: How climate change helps feed Canada’s remote regions

Newfoundland and Labrador also pushing to expand arable land base

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Reading Time: 3 minutes Winnipeg/Ottawa | Reuters — After failing to grow wheat in the Yukon territory 15 years ago, farmer Steve Mackenzie-Grieve gave it another shot in 2017. Thanks to longer summers, he has reaped three straight harvests. This spring he plans to sow canola on his family’s 450-acre farm near Whitehorse, a city not much further from […] Read more
Reginald Conyers, a traveling busker, plays the trumpet outside a Safeway while people observing social distancing wait in line to enter the store in Oakland on March 20, 2020. (Photo: Reuters/Kate Munsch)
Crops, Markets, Reuters

Panic buying, lockdowns may drive world food inflation

World has ample grain and oilseed supplies, FAO and analysts say

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Reading Time: 3 minutes Singapore | Reuters — Lockdowns and panic food buying due to the coronavirus pandemic could ignite world food inflation even though there are ample supplies of staple grains and oilseeds in key exporting nations, a senior economist at FAO and agricultural analysts said. The world’s richest nations poured unprecedented aid into the global economy as […] Read more
CBOT May 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat, soy rise after export deals

Corn sags on ethanol woes

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean and wheat futures rose on Friday, supported by a pick-up in Chinese demand for U.S. commodities, traders said. But corn closed lower, giving up early gains with traders shrugging off a massive sale to China to focus on expectations for a weakened ethanol market as crude […] Read more
File photo of a quality control check on fresh peppers in a Canadian vegetable packing plant. (Jeffbergen/E+Getty Images)
General, Reuters

Temporary foreign workers to be allowed in, Canada reiterates

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Reading Time: 2 minutes Ottawa | Reuters — Canada will allow temporary foreign workers with valid visas to enter the country, officials said on Friday, offering possible salvation to the agriculture industry even as Ottawa moves to limit the spread of a coronavirus outbreak. Canada’s labour-strapped farms rely heavily on nearly 60,000 temporary foreign workers (TFWs) to help plant […] Read more
The Hiram Walker distillery at Windsor, Ont. (CNW Group/Corby Spirit and Wine Communications)
Crops, Reuters

Distilleries make sanitizers to meet pandemic demand

COVID-19 sparks demand for hygiene products

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Reading Time: 2 minutes Toronto | Reuters — Some Canadian distilleries and breweries have started producing hand sanitizers alongside alcoholic drinks as the rapid spread of the COVID-19 coronavirus stokes demand for hygiene products. The move comes after Health Canada this week relaxed rules on the sale of hand sanitizers, disinfectants and protective equipment on a temporary basis to […] Read more

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