About 3,800 JBS meatpacking workers in Greeley, Colorado, plan to go on strike starting on March 16, the workers’ union said on Monday, crippling production at one of the largest U.S. beef plants as consumers face record-high prices.
Reuters
JBS workers to strike at U.S. beef plant as consumers face record prices
Shares slump, bonds skid as oil surge threatens inflation shock
Wall Street opened lower Monday as the inflationary jolt from surging oil prices threatened to raise living costs and interest rates around the globe, while investors desperate for liquidity fled to the U.S. dollar.
OPINION: Canada’s shifting snowpack reveals water-loss location matters for agriculture
From the Prairies to the Great Lakes, uneven snowmelt patterns signal new era of water supply risk
From the Prairies to the Great Lakes, uneven snowmelt patterns signal new era of water supply risk.
Fertilizer markets tighten as Russian exports hit capacity limits
With Russian output constrained by infrastructure and domestic obligations, growers facing long-term supply crunch
Fertilizer producers in Russia, the world’s largest exporter, will not be able to make up for a potential global shortfall linked to the U.S.-Iran conflict as their ability to boost supply is constrained, industry sources told Reuters.
Farmers see fertilizer price surge as Iran war blocks exports, threatening losses
The world’s farmers face soaring fertilizer and fuel prices as the war in the Middle East escalates, leaving some scrambling for supplies as the spring planting season approaches.
OPINION: How the Iran war could create a ‘fertilizer shock’ – an often ignored global risk to food prices and farming
A sustained disruption of traffic through Hormuz would not simply constitute an energy crisis. It would also represent a fertilizer shock (where prices go up dramatically and supply goes down) – and, by extension, a direct risk to global food security.
Farmers expected to boost canola area beyond Statistics Canada intentions report
Canadian farmers might plant more canola acres than the 21.8 million that Statistics Canada reported in its seeding intentions report released on Thursday morning, analysts told Reuters.
Bunge exploring alternative shipping routes amid Middle East conflict
Global grains trader Bunge is exploring alternative shipping routes and working with customers to minimize any disruptions caused due to the conflict in the Middle East, a company spokesperson told Reuters.
Britain launches bird flu vaccine trials in turkeys
Britain has begun targeted bird flu vaccine trials in turkeys, the government said on Thursday, marking a shift in its approach to controlling the disease that has ravaged flocks and pushed some countries to adopt the technique to help reduce losses.
OPINION: Mark Carney’s visit to India hits the reset button on the Canada–India relationship
Prime Minister Mark Carney’s visit to India marks the most consequential step in years to rebuild Canada–India relations after the diplomatic rupture in 2023 over allegations linking Indian agents to the killing of a Canadian Sikh activist.