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Daily Network News

  • May canola settled at C$704.90 per tonne on April 8, falling out of the sideways trading range it had held for the previous three weeks. Photo: Zak McLachlan

    ICE weekly: War news driving canola markets

    13 hours ago
  • An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. “The Middle East war is upending lives and livelihoods in the region and beyond. It has already triggered one of the largest disruptions to global energy markets in modern history,” said the World Bank, International Monetary Fund and the U.N. World Food Programme. Photo: REUTERS/Benoit Tessier

    War is increasing food prices, insecurity say IMF, World Bank and UN food agency

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Pigs

Photo: jjmiller11/iStock/Getty Images Plus
Beef Cattle, Hogs, Livestock, Markets

U.S. livestock: Cattle futures pull back to start February

Trump delays tariffs on Mexico

By Glen Hallick - MarketsFarm February 3, 2025
Live and fed cattle futures on the Chicago Mercantile Exchange stepped back on Monday, moving further away from highs reached in late January.

Tyson is a registered trademark of Tyson Foods, Inc.
Livestock, News

Tyson lifts 2025 sales forecast, prepares for tariff impacts

Strong demand for beef and chicken

By Heather Schlitz, Neil J. Kanatt, Reuters, Tom Polansek February 3, 2025
U.S. meatpacker Tyson Foods raised its annual sales forecast on Monday as strong demand for beef and chicken helped it exceed first-quarter results estimates, lifting shares three per cent.


Canada/U.S. border signage in downtown Detroit. (RiverNorthPhotography/Getty Images)
News

Agriculture sector braces for impact as tariffs set to become reality

By Jeff Melchior, Zak McLachlan February 1, 2025
The Canadian agriculture industry is bracing for impact as Trump’s 25 per cent tariffs are set to become reality on Tuesday. U.S. President Donald Trump on Saturday signed an order to place 25 per cent tariffs on Canadian and Mexican imports and 10 per cent on goods from China.

Photo: Canada Beef

U.S. livestock: Cattle futures up to end week

By Phil Franz-Warkentin January 31, 2025
Live and fed cattle futures on the Chicago Mercantile Exchange posted small gains on Friday but ended the month off the contract highs hit earlier in the week.


File photo of the Canada-U.S. border crossing connecting Sarnia, Ont. and Port Huron, Michigan. (Eyfoto/iStock/Getty Images)
News, Reuters

Facing Trump tariffs on piglets and crops, Canadian farmers revise sales plans

By Ed White, Reuters January 31, 2025
Canadian farmers are renegotiating livestock contracts with U.S. buyers and finding local markets for crops they previously planned to sell south of the border to minimize the economic hit from potential new U.S. tariffs.

Photo: File
Markets, Reuters

U.S. livestock: Cattle continue slide, hogs make slight gains

By Geralyn Wichers January 30, 2025
Chicago Mercantile Exchange cattle futures continued to slide on Thursday after Wednesday's fall from highs.


Photo: Canada Beef
Beef Cattle, Hogs, Livestock

U.S. livestock: Cattle futures correct off highs

By Phil Franz-Warkentin January 29, 2025
Live and fed cattle futures on the Chicago Mercantile Exchange backed away from their contract highs on Wednesday, as chart-based positioning weighed on values.

Photo: Canada Beef
Beef Cattle, Hogs, Livestock

U.S. livestock: Cattle rally continues

By Phil Franz-Warkentin January 28, 2025
Live cattle futures on the Chicago Mercantile Exchange hit fresh contract highs once again on Tuesday, with expectations for declining U.S. inventories behind some of the buying interest.


(SmithfieldFoods.com)
News, Reuters

Smithfield Foods to keep US pork plants open, eyes tariffs amid IPO, CEO says

By Juveria Tabassum, Reuters, Tom Polansek January 28, 2025
Smithfield Foods does not plan to close more U.S. pork processing plants, Chief Executive Shane Smith said on Tuesday, as the company returned to a U.S. exchange after more than a decade in a spinoff by Hong Kong-based WH Group 0288.HK.

FILE PHOTO: A sign with the inscription  “Beware of epidemic danger! No trespassing!” hangs on a fence in front of a farm in Mehrow, close to Ahrensfelde, Germany, January 13, 2025.    REUTERS/Axel Schmidt/File Photo
News, Reuters

Germany seeks aid for farmers after foot-and-mouth disease case

By Reuters January 28, 2025
Germany's agriculture minister will seek financial aid for farmers hit by the impact of a case of foot-and-mouth disease on a farm in east Germany, the ministry said.


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