The ICE Futures canola market was still trending higher in the first trading days of October but showing signs of running into resistance.
Daily news
ICE canola weekly outlook: Running into resistance
US port strike disrupts hamburger supplies, frozen seafood
Beef sector could see ripple effects if strike lasts more than a week, industry says
Dockworkers striking at U.S. East Coast and Gulf Coast ports are preventing imports of beef that restaurants and retailers increasingly rely on to make hamburgers due to limited domestic supplies, traders and industry members said.
CFIA releases latest on seed regulatory modernization process
The Canadian Food Inspection Agency released a report today on its latest round of industry and expert consultation as it seeks to modernize its seed regulations. This is the third round of consultations. The first, a needs assessment survey, was done in 2021.
Senators told biosecurity bill C-275 is really about trespassing
Witnesses at last week's Senate agriculture committee meetings said a bill purporting to be about biosecurity is not about biosecurity at all.
EU proposes to delay landmark anti-deforestation law by 12 months
Law would ban the import of commodities linked to deforestation
The European Commission said on Wednesday it would propose to delay implementation of its flagship law banning the import of commodities linked to deforestation by a year, following calls from industries and governments around the world.
Packaged food giant Conagra Brands’ quarterly results miss on weak demand
Packaged food giant Conagra reported first-quarter results that missed Wall Street estimates as budget-conscious consumers prioritized spending on lower-priced alternatives over the company's higher-priced pantry staples, sending its shares down about seven per cent.
Prairie forecast: Widespread frost then turning warmer
Forecast issued Oct. 2, covering Oct. 2 to 9, 2024
A large, deep area of low pressure is spinning over eastern Hudson Bay. Weak high pressure stretches across the northern part of the U.S. and into the southern Prairies. The strong counterclockwise rotation around the Hudson Bay low is pushing plenty of cool air southwards across the Prairies. Most regions have a good chance of frost early in this forecast period.
Russian drones attack port infrastructure, power substations in Ukraine
Russian drones overnight attacked port infrastructure in Ukraine's southern Odesa region, damaging a grain facility and buildings at a border crossing to Romania, as well as cutting power to thousands in the northern Sumy region, officials said.
Pulse Weekly: Strong export demand boosts most green lentil pricing
Prices for green lentils were steady to higher for the week ending Sept. 27, according to Prairie Ag Hotwire. A broker credited increased foreign demand.
White House sides with union as US dockworker strike enters second day
New York | Reuters — President Joe Biden’s administration heaped pressure on U.S. port employers to raise their offer to secure a labour deal with dockworkers on strike for a second day on Wednesday, choking half the country’s ocean shipping. The strike by the International Longshoremen’s Association (ILA) union has blocked goods from food to […] Read more
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