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Daily Network News

  • Statements from the U.S. and Iran left uncertainty over how quickly shipping could resume. Photo: Getty Images Plus

    Iran says Strait of Hormuz open as Trump sees deal ‘soon’ to end war

    20 hours ago
  • MP David Bexte speaks with reporters about Bill C-273 in Ottawa on April 15. He is surrounded by supporters. Photo: Jonah Grignon

    Agriculture groups welcome seed, fertilizer approval bill

    20 hours ago
  • AAFC projects tighter canola stocks for 2026-27

    22 hours ago
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Daily news

(Orchidpoet/iStock/Getty Images)
News, Reuters

Unifor’s Canadian Pacific Kansas City members vote to authorize strike

By Reuters January 14, 2025
Unifor said on Tuesday its members at railroad operator Canadian Pacific Kansas City have voted in favor of a strike action if the parties fail to reach an agreement by Jan. 29.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets, Reuters

U.S. grain: Corn futures hit 1-yr high after USDA tightens supply view

By Julie Ingwersen, Reuters January 13, 2025
Benchmark corn futures Cv1 on the Chicago Board of Trade hit their highest in a year on Monday and soybean futures Sv1 notched a three-month top on follow-through buying after the U.S. Department of Agriculture last week cut its estimates of the size of the U.S. 2024 crops, analysts said.


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Live, feeder cattle dip; hogs rise

By Geralyn Wichers January 13, 2025
Chicago Mercantile Exchange live cattle and feeder cattle futures dipped on Monday after reaching record highs last week. Most active February live cattle closed at 197.400 cents per pound, down 1.375 cents from Friday. The second-most active April futures closed at 198.200, down 1.275 cents.

Photo: iStock/Getty Images
News, Reuters

Pace of soy harvest in Brazil’s biggest farm state is slowest in 7 years, AgRural says

By Leticia Fucuchima, Reuters, Roberto Samora January 13, 2025
Rains are disrupting the start of Brazil's 2024/25 soybean harvest in Mato Grosso, agribusiness consultancy AgRural said on Monday, adding that the pace of work in the country's biggest farm state is the slowest in seven years.


File photo of soybeans being loaded for transport in Argentina. (Wirestock/iStock/Getty Images)
Markets, Reuters

China soybean imports hit record in 2024 ahead of Trump inauguration

By Ella Cao, Mei Mei Chu, Reuters January 13, 2025
China imported the most soybeans on record in 2024 as buyers concerned about rising U.S.-China trade tensions rushed to secure U.S. supplies ahead of President-elect Donald Trump's inauguration.

(IP Galanternik D.U./E+/Getty Images)
Livestock, News, Reuters

US chicken, pork plant workers face higher health risks, USDA studies confirm

By Reuters, Tom Polansek January 13, 2025
Workers in U.S. chicken and pork plants face higher risks than other manufacturing workers for musculoskeletal disorders such as carpal tunnel syndrome, according to two studies the U.S. Department of Agriculture issued on Friday.


(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Corn and soybeans leap on smaller-than-expected US harvest

By Renee Hickman, Reuters January 10, 2025
Chicago soybean and corn futures surged on Friday after the U.S. Department of Agriculture projected lower-than-expected U.S. production after a dry end to the growing season.

Valero Energy’s ethanol plant at Aurora, S.D., about 90 km north of Sioux Falls. (Valero.com)
News, Reuters

US issues partial guidance on clean fuel subsidies, chafing ethanol makers

By Reuters January 10, 2025
U.S. biofuels groups are eager for clarity on the tax credits for fuels that combat climate change, which they hope will ultimately provide a pathway for corn-based ethanol to expand its market as a feedstock for sustainable aviation fuel.


Photo: Getty Images
News

U.S. Treasury releases guidance on clean fuels tax credits

By Phil Franz-Warkentin January 10, 2025
The United States Department of the Treasury together with the Internal Revenue Service released much-anticipated short-term guidance on tax credits for biofuels on Jan. 10, giving the soyoil market a boost to end the week.

Darwin Sobkow (left) and Curt Vossen.
Photo: Richardson International
News

New Richardson CEO steps in

By Dave Bedard January 10, 2025
Succession takes effect today in the corner office at Richardson International, one of Canada's biggest grain handlers and processors.


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