World wheat inventories have fallen from record highs five years ago, U.S. data shows, as poor weather hurt output and Russia's 2022 invasion of Ukraine temporarily spiked grain prices.
Dockworkers at the Port of Montreal have begun an overtime strike on Thursday morning, the port authority said, as negotiations over a new contract make little progress.
Fertilizer plants, livestock feed facilities and at least one large flour mill in Florida closed on Wednesday in preparation for Hurricane Milton's destructive winds, heavy rain and deadly storm surge.
The ICE Futures canola market climbed to its highest levels in two months to start October, but ran into resistance and may now need an outside catalyst to continue the uptrend.
California reported a third human case of bird flu on Wednesday in a dairy worker who had contact with infected cattle and said the state identified two more possible cases in people.
While the price of urea fertilizer has spiked at the Gulf of Mexico as Hurricane Milton bears down on Florida, that increase is unlikely to affect Canadian farmers much, said MarketsFarm analyst Bruce Burnett.
Australia and New Zealand are bracing for the arrival of a destructive bird flu strain by tightening biosecurity at farms, testing shore birds for disease, vaccinating vulnerable species and war-gaming response plans.
National animal health and disease preparedness has received an influx of more than $13 million in federal cash. The money will be split between AHC's three divisions: Emergency Management, the National Farm Animal Care Council (NFACC) and the Canadian Animal Health Surveillance System.