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Pigs

(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Spreads help drive up CME live cattle futures

By
Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Thursday after investors bought October futures and simultaneously sold deferred months in a trading strategy known as bull spreads, traders said. Some market participants, also through spreads, purchased live cattle futures and at the same time sold CME lean hog contracts. There are […] Read more
(Country Guide file photo)
Crops, Markets

Farmers to deal with stronger loonie for rest of 2017

By
CNS Canada — Higher interest rates and a stronger Canadian dollar relative to U.S. currency is giving Canadian farmers a double whammy. According to Farm Credit Canada’s chief agricultural economist, it’s also a situation farmers will likely have to deal with for at least the remainder of the year. J.P. Gervais said he thinks farmers […] Read more
(NHC.noaa.gov)
General, Reuters, Weather

From sugar mills to hog farms, U.S. agriculture braces for Irma

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Chicago/New York | Reuters — Hurricane Irma sent farmers and food companies scrambling to protect processing facilities, farm fields and animal herds in the south and southeastern parts of the U.S. on Wednesday. Florida sugar and citrus processors rushed to secure rail cars and equipment that could be crushed, blocked or turned into flying projectiles. […] Read more
(Canada Beef Inc. photo)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle gain on firmer beef prices

By
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled moderately higher on Wednesday, with help from short-covering and improved wholesale beef values, said traders. December received added support from fund buying after the contract topped the 10-day moving average of 109.648 cents (all figures US$). October live cattle finished up 0.275 cent/lb. at […] Read more
(CBSA-asfc.gc.ca)
General, Markets, Reuters

NAFTA ministers claim progress in talks

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Mexico City | Reuters — Trade Ministers from Canada, Mexico and the United States on Tuesday said they made progress in weekend talks to update the NAFTA trade pact, consolidating language for some proposals and reaffirming their commitment to complete negotiations toward the end of 2017. A trilateral statement issued by U.S. Trade Representative Robert […] Read more
(Video screengrab from CBSA-asfc.gc.ca)
General, Markets, Reuters

Sharp differences over labour surface at NAFTA trade talks

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Mexico City | Reuters — Tensions over sharp differences in pay between Mexican workers and their Canadian and U.S. counterparts surfaced on Sunday as negotiators discussed labour market rules in talks to overhaul the North American Free Trade Agreement. Canada’s biggest private-sector union said NAFTA should be scrapped if Mexico cannot agree to better labour […] Read more
Prime Minister Justin Trudeau speaks Aug. 23, 2017 at a Montreal charity event. (PM.gc.ca)
General, Markets, Reuters

NAFTA talks resume in Mexico City

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Mexico City | Reuters — Trade negotiators from Canada and the U.S. gathered under rainy skies in Mexico City on Friday to discuss the North American Free Trade Agreement, with the mood darkened by U.S. President Donald Trump’s persistent threats to pull out. Teams from the three countries were due to kick off a second […] Read more
Gerry Ritz won’t be coming back to the House of Commons in September. (Manitoba Co-operator photo by Shannon VanRaes)
General

Ex-agriculture minister Gerry Ritz quits Commons

By ,
Gerry Ritz, the federal minister for agriculture and agri-food for nine years in Stephen Harper’s Conservative government, is done with federal politics. The MP for the western Saskatchewan riding of Battlefords-Lloydminster since 1997, Ritz announced via Twitter Thursday morning that he “will not be returning to my seat in the House of Commons this fall.” […] Read more

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