Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Monday, pressured by ample supplies and concerns about feed costs due to high corn prices, traders said. Hog futures were also weak. U.S. beef processors on Monday slaughtered an estimated 125,000 cattle, up from 117,000 a year ago, the U.S. Department of Agriculture […] Read more
U.S. livestock: Cattle, hog futures fall as corn prices rise
Supply outlook also a concern
Ukraine not ready to export grain via Belarus, Zelenskiy says
Kyiv | Reuters — Ukraine is not ready to agree to a plan to export its grain by rail across Belarus for shipment via the Baltic Sea to bypass Russia’s blockade of its Black Sea ports, President Volodymyr Zelenskiy said on Monday. Zelenskiy told a news conference in the capital Kyiv that there could be […] Read more
Icahn drops proxy fights with Kroger’s, McDonald’s
Reuters — Billionaire investor Carl Icahn is dropping a proxy fight focused on the treatment of pregnant pigs at Kroger Co. after losing a similar fight with McDonald’s Corp last month, the Wall Street Journal reported Sunday. “I congratulate the McDonald’s team on their victory in this proxy engagement and, after much contemplation, given the […] Read more
Ukraine envoy says Turkey among destinations of grain stolen by Russia
Ankara | Reuters — Kyiv’s ambassador to Ankara said on Friday Turkish buyers were among those receiving grain that Russia stole from Ukraine, adding he has sought Turkey’s help to identify and capture individuals responsible for the shipments. Russia and Ukraine account for nearly a third of global wheat supplies, while Russia also heavily exports […] Read more
Hepatitis A outbreak linked to organic strawberries
Cases reported in two provinces, three states
Washington | Reuters –– Food safety regulators in both Canada and the U.S. are investigating a hepatitis A outbreak potentially linked to tainted organic strawberries that has sickened 17 people in the U.S. and 10 in Canada, the agencies said. Fifteen illnesses were reported in California, and one each in Minnesota and North Dakota, the […] Read more
U.S. seeks another CUSMA dispute panel on Canadian dairy quotas
Canada announced revised policies last week
Ottawa | Reuters — The Biden administration is requesting that a second dispute settlement panel be formed under the Canada-U.S.-Mexico Agreement (CUSMA) to review a trade dispute with Canada over dairy import quotas, it said on Wednesday. The U.S. alleges that Canada’s dairy tariff-rate quota allocations deny eligible U.S. applicants, including retailers, access to Canadian […] Read more
Italy to hold boar cull around Rome to stem swine fever
Rome | Reuters — Italy will launch a cull of wild boars around Rome after African swine fever was found in one of the thousands that live in the Italian capital and the surrounding countryside, local authorities said on Monday. An isolated outbreak of the deadly hog disease was reported in northwest Italy at the […] Read more
Major U.S. retailers limit infant formula purchases on shortage
Reuters — U.S. retailers including Target, CVS and Walgreens Boots Alliance said on Tuesday they have limited purchases of infant formula due to a supply shortage. The limits come after top supplier Abbott Laboratories in February recalled some baby formula including Similac made at its plant in Michigan over complaints of bacterial infections in infants […] Read more
CF Industries profit soars as sanctions raise fertilizer prices
Chicago | Reuters — CF Industries on Wednesday reported quarterly earnings climbed 485 per cent as the fertilizer maker ramped up U.S. shipments after Russia’s invasion of Ukraine catapulted prices for crop nutrients. Top fertilizer producers including CF, Nutrien and Mosaic Co. have benefited as sanctions on exporters Russia and ally Belarus limited global supplies […] Read more
Pot producer Canopy Growth to cut 250 jobs in profitability bid
Reuters — Canopy Growth Corp. said it would lay off about 250 employees as part of a cost-cutting plan as the Canadian pot producer tries to achieve long-elusive profitability. Most Canadian marijuana companies have struggled to turn a profit despite more than three years of cannabis legalization due to fewer-than-expected retail stores, cheaper rates on […] Read more
Cyber-Savvy Farmer
