Western Canadian cash prices for spring wheat were mostly higher and those for durum were a pinch lower for the week ended Feb. 17. A firmer tone United States wheat complex offered support, as did the Canadian dollar which lost six-tenths of a cent on the week.
Mexico has updated rules around imports of apples from Eastern Canada, a move the Canadian Food Inspection Agency says will reduce costs for Canadian exporters.
As the weather models were indicating as early as last week, we are now seeing a clear shift in our weather pattern from unseasonably warm and dry to more seasonable cold. This comes with a snowy start and additional chances for snow over the next week or two.
Bayer said on Tuesday its Monsanto unit had filed a proposed U.S. class settlement totalling as much as $7.25 billion (C$9.89 billion) aimed at resolving all current and future claims that its Roundup weedkiller caused cancer.
Canadian Prime Minister Mark Carney announced on Monday the appointment of public servant Janice Charette as the next chief trade negotiator to the United States for the review of the CUSMA trade agreement.
For the week ending February 14, Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. The deferred live cattle futures have been consolidating in a narrow range over the past month, which has limited the upside in the feeder complex. Supplies of yearlings or replacements over 800 pounds are increasing as […] Read more
Global manufacturer of farm and construction equipment CNH Industrial on Tuesday forecast full-year profit below Wall Street estimates, as low crop prices, high input costs and shifting trade policies weigh on demand for agricultural machinery.