U.S. soyoil futures hit their highest in 20 months on Monday, supported by U.S. biofuel blending proposals that are likely to increase demand, while soybean futures touched a one-month high before paring gains.
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U.S. grains: Soyoil hits 20-month peak, corn falls on good crop weather
U.S. Senate bill would shrink tax credit for biofuels made from foreign feedstocks
U.S. Senate Republicans on Monday proposed a tax bill that would extend a clean fuel tax credit through 2031, but trim 20 per cent of the value of the credit for biofuels made from feedstocks produced outside of the United States.
Trump says Canada-U.S. trade deal achievable
A trade deal between Canada and the U.S. may be achievable, says President Donald Trump. Trump addressed media with Prime Minister Mark Carney on Monday at the G7 meeting in Kananaskis, Alberta.
U.S. livestock: Cattle, hogs start week strong
Chicago cattle and hog futures saw strong increases across the board on Monday.
New house agriculture committee includes four farmers
Several farmers are among members of the House of Commons Standing Committee on Agriculture and Agri-Food, named on Monday.
Bunge-Viterra merger clears final hurdle with China’s conditional approval
China's market regulator has granted conditional approval for global agribusiness Bunge Global's merger with Glencore-backed grain handler Viterra, it said on Monday, clearing the final hurdle for the $34 billion mega-deal announced two years ago.
G7 farm groups on governments to support rules-based trade, innovation
Increasingly volatile geopolitical, economic, environmental landscape pressuring farmers say groups
Farm organizations from the G7 countries called for governments to support stable rules-based trade, modernized regulations and other measures to help farmers weather “unprecedented pressures,” the Canadian Federation of Agriculture said in a joint news release, Monday.
Maple Leaf Foods spin off approved
Shareholders voted in favour of Canada Packers Inc., which will cover the food company’s pork operations
Maple Leaf Foods shareholders approved with an overwhelming majority the food processing company's plan to spin off its pork operations to Canada Packers Inc.
U.S. immigration to pause most raids on farms, meat packers
Farm industry groups skeptical directive will protect immigrant workers
U.S. President Donald Trump's administration has directed immigration officials to largely pause raids on farms, hotels, restaurants and meatpacking plants, according to an internal email reviewed by Reuters, a senior Trump official, and a person familiar with the matter.
U.S. grains: Soybeans climb, soyoil soars daily limit on US biofuel proposal
U.S. soyoil futures surged their daily limit on Friday and soybeans hit a three-week high after President Donald Trump's administration proposed biofuel blending requirements that were above trade expectations, analysts said.
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