Tyson Foods has agreed to pay $82.5 million (C$113.3 million) to settle a proposed class-action lawsuit brought by grocers and other businesses that accused the meat and poultry giant of conspiring to inflate U.S. beef prices by restricting supply.
Daily news
Tyson Foods settles U.S. beef price-fixing lawsuit for $82.5 million
Consumers not confused by plant protein ‘burgers’ or ‘milk’, research suggests
Farmers in Europe have long expressed concerns that plant-based substitutes could threaten traditional farming practices. However, research suggests that consumers aren’t confused by the terminology.
U.S. livestock: CME cattle futures rise on expectations of tight supplies
Chicago | Reuters – Chicago Mercantile Exchange cattle futures climbed on Wednesday as market players anticipated tighter cattle supplies in the first quarter of the new year, and there was some technical buying, according to analysts. CME February live cattle LCG26 settled 1.125 cents higher at 231.600 cents per pound, and March feeder cattle FCH26 […] Read more
U.S. grains: Chicago soybeans fall, but achieve first annual gain in three years
Chicago | Reuters – Chicago soybean futures dropped on Wednesday but logged their first annual gain in three years, supported by China’s return to the U.S. market following a late-October trade truce, although ample global supplies capped the advance. Wheat and corn futures had annual declines, pressured by abundant supplies. The most-active soybean contract on […] Read more
ICE Canada Weekly: Canola unlikely to have a good start to 2026
When canola trading begins returning to normal come Jan. 5, the oilseed’s futures are likely to fall back, said Tony Tryhuk, trader with RBC Dominion securities in Winnipeg.
Italy crafts lab-grown snacks with fruit residues, plant cells and a 3D printer
Scientists in Italy are developing sweet snacks with lab-grown plant cells and fruit residues, producing a material that a 3D printer can then process into ‘pastries’ with high nutritional content.
China imposes curbs on beef imports to protect domestic industry
China will impose an added 55 per cent tariff on beef imports that exceed quota levels from key supplier countries including Brazil, Australia and the U.S. in a move to protect a domestic cattle industry slowly emerging from oversupply.
Prairie forecast: Northwesterly flow brings seasonable temperatures, weak systems
This forecast period is dominated by two lows — one to the far west, and one over Hudson Bay. The relative strength of the two lows will determine temperatures across the Prairies.
U.S. livestock: CME cattle futures higher on year-end positioning
Chicago | Reuters – Chicago Mercantile Exchange cattle and hog futures climbed on Tuesday on position squaring between the Christmas and New Year holidays, analysts said. CME February live cattle LCG26 settled 1.500 cents higher at 230.475 cents per pound, and March feeder cattle FCH26 settled 2.900 cents higher at 344.575 cents per pound. CME […] Read more
U.S. grains: Soybean futures fall, shrugging off China purchases
Chicago | Reuters – Chicago Board of Trade grain futures ticked lower on Tuesday amid a sluggish trading session, as investors weighed the latest developments surrounding the Russia-Ukraine peace talks. CBOT soybean futures fell after a day of choppy trade on signs of China returning to the U.S. market, and trying to finish up last-minute […] Read more